|Gas policy of the Islamic Republic of Iran and the Russian Federation after JCPOA: potential for cooperation and competition|
|کد مقاله : 1018-IRFP-FULL|
1Yulia Sveshnikova *، 2Vahid Hosseinzadeh|
1National Research University "Higher School of Economics"
2Lobachevsky State University of Nizhni Novgorod, Russia
|Iran and Russia are amongst the countries with the largest gas reserves. For both countries the revenue from the gas production makes up the large share of their GDP. Although during the period of sanctions Iran faced problems with both extraction and developing the market for its natural gas, after the sanctions were partially withdrawn, Tehran reappeared in the international gas market with the potential to become one of the largest gas exporters and serious players in this field. The main question addressed by this paper is that what is the perspective for the coordination between Russia and Iran in the gas market after the Joint Comprehensive Plan of Action (JCPOA), is it the relationship of sheer competition or there are opportunities for the meaningful cooperation?nRussia’s “Turn to the East” policy after the Ukrainian crisis and the complications in its relationship with the West, was amplified through the new economic aspirations, in particular, more attention paid to the Asian markets for the sales of its oil and gas. nIn fact, from the point of gas reserves in possession of the two countries, they are almost on par with each other. However, they differ technologically in terms of gas recovery itself, as well as in terms of being a successful gas supplier in the market at the present time. Russia’s gas industry feels more independent as it relies on its own technology, while Iran’s development in this field depends on both external suppliers of this technology and foreign investors.|
|Russia, Iran, Turn to the East, gas, energy diplomacy, JCPOA|
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