Pending a final agreement on Iran’s nuclear program and a relaxing of sanctions, Iran is already courting investors for its hydrocarbon sector. The country is keen to increase its oil exports after years of sanctions. At a time that OPEC is involved in a price war with American shale oil producers, the the prospect of an increase in Iranian oil exports poses an additional headache for the cartel.
How realistic is it that Iran will be able to ramp up its exports? And how can OPEC deal with this? Turkish Anadolu News Agency spoke about it with Sijbren de Jong (HCSS) and Richard Mallinson (Energy Aspects). The full article can be read here.
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