Energy diplomacy Archives

Tehran’s crude sales said to dip from 1 million barrels daily. Russia raises shipments to Asia as Europe tightens sanctions.

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OPEC and non-OPEC producers, a group often referred to as OPEC+, will meet in Vienna, Austria on Wednesday to decide on the next phase of production policy.

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The prospect of a major Russian offensive in Ukraine has brought European dependence on Russian energy into sharp relief and set off a scramble for alternatives.

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The US-Iran talks remain far from certain to reach a deal for restarting nuclear controls and removing major oil sanctions, despite the recent US move to grant some sanctions relief to Tehran's civil nuclear program, analysts said.

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According to General policies on economy of resistance, following strategies are considered in Iran’s oil industry: ۱. Reducing Iran’s dependency to oil export revenues, ۲. Increasing added- value thorough complementing oil and gas value chain ۳. Keeping and developing oil and gas output capacity specifically in common oil and gas fields ۴. Energy consumption savings

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Undoubtedly, Political opposition from hardline conservative politicians to foreign investment had repeatedly delayed the release of the much-anticipated revised model IPC for IOCs and Iran’s Oil Industry Revival. Although, Total CEO has stated that will develop the project in strict compliance with applicable national and international laws, but it should be noticed whereas JCPOA is respected by Iran and its partners, it is impossible there will be a consensus on Iranian oil sanctions in the UN Security Council.

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