Iran: a gas giant with feet of clay

Iran: a gas giant with feet of clay

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.

China’s role in Middle East oil and gas

China’s role in Middle East oil and gas

The specter of Chinese geopolitical power rising in the Middle East has raised concerns in the West that as the power and influence of the US – and to some extent its European partners – wanes, China will exercise more influence and control over the oil and gas sectors of the region. Undoubtedly, China’s rise as an economic superpower has earned it a place at the regional table. However, as far as oil and gas is concerned the system of control exercised by Middle East governments is not about to change, while China’s involvement in the region continues to be driven by energy security concerns – not hegemonic ambition.