After the re-imposition of US sanctions in 2018 sparked a crash in its oil industry, Iran accelerated production of natural gas and gas condensates and expanded gas exports to neighbouring countries less vulnerable to sanctions. However, domestic obstacles and continued limits on its energy exports have prevented Iran from securing its place as a major gas provider to the region, and it now has another priority for its rising gas output: its downstream sector.
Solving Iraq’s electricity crisis
Increased private participation in Iraq’s power sector could see generating capacity triple over the next decade. However, structural reforms, not more infrastructure, are required if Iraq is to put an end to power shortages.
