Middle East: an earthquake on the world market of hydrocarbons

Developments in the Middle East attract great attention. Many experts believe this region plays a major role in formation of oil prices and the future of the world market of hydrocarbons.

The situation in the region is indeed developing very quickly.

A conflict between Saudi Arabia and Iran has put an end to plans of creating OPEC-2. Saudi Arabia is changing its strategy, while Iran is increasing its presence on the world oil market; the latter also intends to become a serious natural gas exporter being ready to join the South Corridor project and intriguing against Russia.

Meanwhile, the war in Syria may intensify at any moment affecting Iran’s production potential and Turkey’s transit possibilities.

These events directly influence the supply of hydrocarbons on the market. It means all oil producers are concerned about them, at least because they need to understand the level of oil prices in the future.

The report elaborates on the following issues:

• Discovery of Iran

  Describing the condition of Iran’s oil and gas industry is the core of our report. There are too many speculations around Iran at the moment. Our study is one of the first attempts to look at the situation objectively. This report contains answers to the questions:

  • What role will Iran play on the world market of hydrocarbons in the near future?
  • What investments are required to implement oil and gas projects?
  • What markets will Iranian hydrocarbons reach?
  • In what areas should Russian producers expect higher competition?
  • What are the rules of the game for nonresidents in Iran?

• Iraq comeback

  • Post-war restoration of Iraq’s oil industry
  • The role of nonresidents
  • The current state of main projects
  • The situation in Iraqi Kurdistan; other political risks

• Saudi Arabia: search for a new political strategy amid low oil prices

  • The layout of forces in the Establishment of Saudi Arabia
  • Attempts to build a regional power, opponents

• What should the region expect? Main risks in the Middle East.

  Variants of developments. Influence on oil prices

Contents of the report: