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.

Surviving the cure: Morocco adapts to COVID-19

Surviving the cure: Morocco adapts to COVID-19

As the fallout from the COVID-19 continues, Morocco has sought to manage the effects on its economy through a series of stimulus measures designed to support businesses and workers. Heavily reliant on tourism and industrial exports, the country’s recovery will depend on the resumption of demand in key European markets.

Managing COVID-19: China, OPEC and the energy markets

Managing COVID-19: China, OPEC and the energy markets

The coronavirus epidemic has put Asian oil and gas demand growth back in the spotlight – this time as a spoiler not the savior it has been in the last three decades.  That period had its scares – the Asian financial crisis of 1997-98 and the global financial crisis of 2008-09 – but Asian demand could generally be relied upon to buoy growth and bounce back quickly after crises. In the wake of COVID-19, forecasts of an economic rebound in China by mid-year may be correct, but certain structural factors could alter the longer-term trajectory of demand growth. For OPEC and the oil markets, the conditions make for an uncertain 2020.