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You searched for: Content Type Commentary and Analysis Remove constraint Content Type: Commentary and Analysis Publishing Institution Future for Advanced Research and Studies (FARAS) Remove constraint Publishing Institution: Future for Advanced Research and Studies (FARAS) Topic Energy Policy Remove constraint Topic: Energy Policy
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  • Publication Date: 12-2018
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: China National Petroleum Corporation (CNPC) has replaced Total of France as a major operator in the development of phase 11 of the South Pars gas field. This is a substantial gain for the Iranian government, which strives to lure international investors to shore up its economy following the withdrawal of most foreign companies from the market due to US sanctions in last August and November. However, the project appears to hit many hurdles, including the Chinese company’s fears of heavy US fines or escalation of the US ongoing trade war against the county in the coming period.
  • Topic: Energy Policy, Government, Oil, Sanctions, Gas, Trade Wars
  • Political Geography: China, Iran, Middle East, Asia
  • Publication Date: 10-2018
  • Content Type: Commentary and Analysis
  • Institution: Future for Advanced Research and Studies (FARAS)
  • Abstract: The Indian energy sector faces a dilemma amid the US administration plans to impose the second batch of sanctions on Iran in November. The US exerts pressure on the main buyers of Iranian oil, including India, to stop importing it in the coming period. For India, Iranian oil is one of the indispensable options for its energy security because of the preferential terms granted by Iran. Despite the Indian stance rejecting the US sanctions, Indian refineries have decided to halt the Iranian oil shipments starting from next November, and hence they may turn to other producers to fill the potential gap, but at a higher cost.
  • Topic: Energy Policy, Oil, Sanctions, Donald Trump
  • Political Geography: Iran, South Asia, Middle East, India, North America, United States of America