University of Dundee DOCTOR of PHILOSOPHY Exports of Iranian

Total Page:16

File Type:pdf, Size:1020Kb

University of Dundee DOCTOR of PHILOSOPHY Exports of Iranian University of Dundee DOCTOR OF PHILOSOPHY Exports of Iranian natural gas to regional and international markets a study of political, legal and economic barriers Hassanzadeh, Elham Award date: 2013 Link to publication General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. • Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal Take down policy If you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim. Download date: 26. Sep. 2021 DOCTOR OF PHILOSOPHY Exports of Iranian Natural Gas to Regional and International Markets Elham Hassanzadeh 2013 University of Dundee Conditions for Use and Duplication Copyright of this work belongs to the author unless otherwise identified in the body of the thesis. It is permitted to use and duplicate this work only for personal and non-commercial research, study or criticism/review. You must obtain prior written consent from the author for any other use. Any quotation from this thesis must be acknowledged using the normal academic conventions. It is not permitted to supply the whole or part of this thesis to any other person or to post the same on any website or other online location without the prior written consent of the author. Contact the Discovery team ([email protected]) with any queries about the use or acknowledgement of this work. Exports of Iranian Natural Gas to Regional and International Markets: a Study of Political, Legal and Economic Barriers Elham Hassanzadeh Submitted in Partial Fulfilment of the Requirements for the Award of the Degree of Doctor of Philosophy in Graduate School of Natural Resources Law, Policy and Management, Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) University of Dundee April 2013 i Table of Contents Table of Content.......................................................................................................................i List of Tables, Figures and Maps ........................................................................................... iv Declaration ............................................................................................................................. vi List of Abbreviations ............................................................................................................. vii Acknowledgements ................................................................................................................ xi Abstract ................................................................................................................................... 1 Part One- General Background to the Research ...................................................................... 3 1.Chapter 1: Introduction ......................................................................................................... 4 Introduction and Background .............................................................................................. 4 1.1.Importance and Objectives of the Study ........................................................................ 5 1.2.The Conceptual Background of the Research ............................................................. 13 1.3.Statement of Problems and Research Questions ......................................................... 16 1.4.Literature Review ........................................................................................................ 17 1.5.Research Methodology ................................................................................................ 24 1.6.Organisation of the Thesis ........................................................................................... 27 2.Chapter 2: A Background to Iran’s Natural Gas Industry .................................................. 29 2.1.Introduction ................................................................................................................. 29 2.2.The History of Iranian Natural Gas Industry ............................................................... 29 2.3.Iran’s Natural Gas Policy ............................................................................................ 37 2.4.Organisation of Iran’s Natural Gas Industry ............................................................... 40 2.5.Natural Gas Reserves and Production ......................................................................... 42 2.6.Natural Gas Transmission System ............................................................................... 47 2.7.Natural Gas Distribution System ................................................................................. 53 2.8.Natural Gas Domestic Consumption in Iran ................................................................ 54 2.8.1.Residential and Commercial Sector...................................................................... 55 2.8.2.Power Generation and Petrochemical Sectors ...................................................... 56 2.8.3.Industrial, Transportation and Agricultural Sectors ............................................. 56 2.8.4.Gas Re-injection into the Oil Fields ..................................................................... 57 2.9.Natural Gas Export Projects ........................................................................................ 59 2.9.1.Pipelines ............................................................................................................... 59 2.9.2.Liquefied Natural Gas (LNG) ............................................................................... 67 2.10.Natural Gas Imports................................................................................................... 71 Part Two- Diagnosis of Challenges Affecting the Development of the Iranian Natural Gas Industry .................................................................................................................................. 73 ii 3.Chapter 3- Political Challenges: International Sanctions and Politicisation of the Petroleum Sector ................................................................................................................... 74 3.1.Introduction ................................................................................................................. 74 3.2.Domestic Politics and the Impact on Politicisation of the Petroleum Industry ........... 75 3.2.1.A Historical Overview of the Petroleum Sector’s Political Sensitivity ................ 75 3.2.2. Politicisation: A Consequence of the Petroleum Sector’s Sensitivity ..................... 86 3.3.International Sanctions against Iran............................................................................. 93 3.3.1.The United States’ Unilateral Sanctions ................................................................... 93 3.3.1.1.The Iran Sanctions Act (ISA) ............................................................................ 94 3.3.1.2.The Comprehensive Iran Sanctions Accountability and Divestment Act (CISADA) ...................................................................................................................... 97 3.3.1.3.The Executive Order 13590 ............................................................................... 98 3.3.2.The United Nations Sanctions .................................................................................. 99 3.3.3.The European Union Sanctions .............................................................................. 100 3.4.The Impact of Sanctions on Iran ................................................................................ 101 3.4.1.Overall Economic Effects ....................................................................................... 102 3.4.2.The Impact on Development of Iran’s Energy Sector ............................................ 106 4.Chapter 4- Legal Challenges: The Iranian Investment Framework in the Petroleum Sector ............................................................................................................................................. 115 4.1.Introduction ............................................................................................................... 115 4.2.General Remarks on Foreign Investor-Host State Relations ..................................... 116 4.3.The Iranian Petroleum Contractual Framework ........................................................ 117 4.3.1.Origin and Background of the Iranian Buyback Contracts ..................................... 120 4.3.1.1.The Constitution .............................................................................................. 121 4.3.1.2.The Petroleum Act 1987 .................................................................................. 123 4.3.1.3.The Budget Acts and the Five-Year Development Plans ................................ 123 4.3.2.The Structure of Buyback Contracts....................................................................... 125 4.3.2.1.The Definition of Buyback Contracts .............................................................
Recommended publications
  • Payandan Shareholders
    PAYANDAN PAYANDAN 1. Company Background Creative Path to Growth Payandan Shareholders PAYANDAN Payandan’s shares belong to Mostazafan Foundation of Islamic Revolution. • Mostazafan Foundation owns 49% • Sina Energy Development Company owns 51% Mostazafan Foundation of Islamic Revolution Sina Energy Development Company PAYANDAN Mostazafan Foundation of Islamic Revolution PAYANDAN SEDCO Sina Financial Paya Saman Pars (Oil & Gas) & Investment Co (Road & Building) Sina Food Industries Iran Housing Group Saba Paya Sanat Sina (Power & Electricity) (Tire, Tiles, Glasswork, Textile, Etc) Ferdos Pars Sina ICT Group (Agriculture) Parsian Tourism Kaveh Pars & Transport Group (Mining) Alavi Foundation Alavi Civil (Charitable) Engineering Group Sina Energy Development Holding Company PAYANDAN SEDCO as one of subsidiaries of The Mostazafan Foundation of Islamic Revolution is considered one of pioneer holding companies in area of oil & gas which aims on huge projects in whole chains of oil and gas. Payandan (Oil & Gas General Contractor) North Drilling (Offshore Drilling) Pedex (Onshore Drilling) Behran (Oil Refinery Co) Dr Bagheri SEDCO Managing Director Coke Waste Water Refining Co Payandan in Numbers PAYANDAN +40 1974 Years ESTABLISHED +1400 +4000 EMPLOYEES CONTRACTOR +200,000,000 $ ANNUAL TURNOVER 75 COMPLETED PROJECTS Company Background PAYANDAN • 48” Zanjan-Mianeh Pipeline • 56” Saveh-Loushan • South Pars – SP No. 14 Pipeline (190KM) • South Pars – SP No. 13 • 56" Dezfoul- Kouhdasht Pipeline (160KM) 1974 1996 2003 2005 2007 2009 2011 2013 2015 2017 • Nargesi Gas • F & G Lavan • 56” Asaluyeh Gathering & • South Pars – SP Pipeline Injection No. 17 & 18 • 30” Iran- Payandan is • South Pars – SP No. 22,23,24 Armenia established (oil and • 48” Iraq Pipeline Naftkhane- Pipeline gas contractor) Baghdad (63KM) (113KM) • 56” Naeen-Tehran Gas Pipeline (133KM) • Parsian Gas Refinery • 56” Loushan-Rasht Gas Pipeline (81KM) • Pars Petrochemical Port • Arak Shazand Refinery • Kangan Gas Compressor Station • South Pars – SP No.
    [Show full text]
  • Geopolitics of the Iranian Nuclear Energy Program
    Geopolitics of the Iranian Nuclear Energy Program But Oil and Gas Still Matter CENTER FOR STRATEGIC & CSIS INTERNATIONAL STUDIES A Report of the CSIS Energy and National Security Program 1800 K Street, NW | Washington, DC 20006 author Tel: (202) 887-0200 | Fax: (202) 775-3199 Robert E. Ebel E-mail: [email protected] | Web: www.csis.org March 2010 ISBN 978-0-89206-600-1 CENTER FOR STRATEGIC & Ë|xHSKITCy066001zv*:+:!:+:! CSIS INTERNATIONAL STUDIES Geopolitics of the Iranian Nuclear Energy Program But Oil and Gas Still Matter A Report of the CSIS Energy and National Security Program author Robert E. Ebel March 2010 About CSIS In an era of ever-changing global opportunities and challenges, the Center for Strategic and International Studies (CSIS) provides strategic insights and practical policy solutions to decision- makers. CSIS conducts research and analysis and develops policy initiatives that look into the future and anticipate change. Founded by David M. Abshire and Admiral Arleigh Burke at the height of the Cold War, CSIS was dedicated to the simple but urgent goal of finding ways for America to survive as a nation and prosper as a people. Since 1962, CSIS has grown to become one of the world’s preeminent public policy institutions. Today, CSIS is a bipartisan, nonprofit organization headquartered in Washington, D.C. More than 220 full-time staff and a large network of affiliated scholars focus their expertise on defense and security; on the world’s regions and the unique challenges inherent to them; and on the issues that know no boundary in an increasingly connected world.
    [Show full text]
  • Iran and the Gulf Military Balance - I
    IRAN AND THE GULF MILITARY BALANCE - I The Conventional and Asymmetric Dimensions FIFTH WORKING DRAFT By Anthony H. Cordesman and Alexander Wilner Revised July 11, 2012 Anthony H. Cordesman Arleigh A. Burke Chair in Strategy [email protected] Cordesman/Wilner: Iran & The Gulf Military Balance, Rev 5 7/11/12 2 Acknowledgements This analysis was made possible by a grant from the Smith Richardson Foundation. It draws on the work of Dr. Abdullah Toukan and a series of reports on Iran by Adam Seitz, a Senior Research Associate and Instructor, Middle East Studies, Marine Corps University. 2 Cordesman/Wilner: Iran & The Gulf Military Balance, Rev 5 7/11/12 3 INTRODUCTION ............................................................................................................................................. 5 THE HISTORICAL BACKGROUND ....................................................................................................................... 6 Figure III.1: Summary Chronology of US-Iranian Military Competition: 2000-2011 ............................... 8 CURRENT PATTERNS IN THE STRUCTURE OF US AND IRANIAN MILITARY COMPETITION ........................................... 13 DIFFERING NATIONAL PERSPECTIVES .............................................................................................................. 17 US Perceptions .................................................................................................................................... 17 Iranian Perceptions............................................................................................................................
    [Show full text]
  • Petroleum: an Engine for Global Development
    OPEC th International Seminar Petroleum: An Engine for Global Development 3–4 June 2015 Hofburg Palace Vienna, Austria www.opec.org Reasons to be cheerful It was over quite quickly. In fact, the 165th Meeting whilst global oil demand was expected to rise from of the OPEC Conference finished two hours ahead of 90m b/d to 91.1m b/d over the same period. In ad- Commentary schedule. Even the customary press conference, held dition, petroleum stock levels, in terms of days of for- immediately after the Meeting at the Organization’s ward demand cover, remained comfortable. “These Secretariat in Vienna, Austria on June 11 and usually numbers make it clear that the oil market is stable and a busy affair, was most probably completed in record balanced, with adequate supply meeting the steady time. But this brevity of discourse spelled good news growth in demand,” OPEC Conference President, Omar — for OPEC and, in fact, all petroleum industry stake- Ali ElShakmak, Libya’s Acting Oil and Gas Minister, holders. As the much-heralded saying goes — ‘don’t be said in his opening address to the Conference. tempted to tamper with a smooth-running engine’. And Of course, there are still downside risks to the glob- that is exactly what OPEC’s Oil and Energy Ministers al economy, both in the OECD and non-OECD regions, did during their customary mid-year Meeting. They de- and there is continuing concern over some production cided to leave the Organization’s 30 million barrels/ limitations, but with non-OPEC supply growth of 1.4m day oil production ceiling in place and unchanged for b/d forecast over the next year, in general, things are the remainder of 2014.
    [Show full text]
  • Drone Attacks on Saudi Oil Infrastructure Are a Calibrated Message from Iran
    Drone Attacks on Saudi Oil Infrastructure are a Calibrated Message from Iran © 2019 IAI by Micha’el Tanchum The 14 May 2019 drone attack on two Saudi Ministry of Energy,1 resulting oil pumping stations in Saudi Arabia, in a temporary and precautionary ISSN 2532-6570 allegedly carried out by Iranian- shutdown of the pipeline for evaluation. supported Houthi forces in Yemen, On the day of the drone attacks, a was a sophisticated operation. Coming television station operated by Houthi at a time of increased tensions in the forces in Yemen reportedly claimed the region, and notwithstanding Iranian rebels had conducted drone attacks on denials, the attack represents a carefully Saudi installations, without specifying calibrated response to the tightening the exact time or targets of the attacks.2 of oil sanctions against Iran and the US Trump administration’s policy of In prior attacks on Saudi Arabia, Houthi “maximum pressure” on Tehran. rebels have used Qasef-1 drones, copies of Iran’s Ababil-2 drone that The attacks were preceded three days are allegedly produced in Iran despite earlier by acts of sabotage against ships Houthi claims of local production.3 in the United Arab Emirates (UAE) oil The Qasef-1 was used to conduct the port of Fujairah. Taken together, these attacks against oil export infrastructure 1 “Saudi Energy Minister Says Two Pump of the leading Gulf state members of Stations on the East-West Pipeline Were the anti-Iran bloc are a signal that the Attacked, Confirming Sabotage Targets Global collective ability of Saudi Arabia, the Oil Supply”, in Saudi Press Agency, 14 May 2019, https://www.spa.gov.sa/1923830.
    [Show full text]
  • In the Name of God Development of Yadavaran Oilfield Moving On/ 26 China's Colorful Presence in Iran's Petroleum Industry
    Oct . 2009 - 119 In The Name of God INDEX OCT. 2009 / No.119 Articles on Oil & Gas in the English section, in cooperation with IranOilGas.com Published by: IRANIAN ASSO - CIATION FOR ENERGY ECO-NOMICS (IRAEE) ISSN 1563-1133 Rivalries in the Area of Natural Gas; An Director and Editor-in - Chief: Engin Propelling Political Developments / 2 Seyed Gholamhossein Hassantash Editorial Manager: Homayoun Mobaraki Challenges Facing Iran’s Petroleum Industry / 6 Editorial Board: Majid Abbaspour, Reza Farmand, Ali Moshtaghian, Mohammad-reza Omidkhah, Ebrahim Bagherzadeh, Fereidoun Barkeshly, Hassan Khosravizadeh, China’s Oil Needs Affect its Iran Ties / 7 Mohammad-ali Movahhed, Behroz Beik Alizadeh, Ali Emami Meibodi, Seyed Mohammad-ali Tabatabaei, Afshin Javan, Hamid Abrishami, Mohammad-bagher Heshmatzadeh, Mehdi Nematollahi, Mozafar Jarrahi, Ali / 8 Shams Ardakani, Mohammad Mazreati Layout : Adamiyat Advertising Agency Iran Ranks First in the Middle East in Terms Advertisement Dept : of Transport of Gas / 11 Adamiyat Advertising Agency Tel: 021 - 88 96 12 15 - 16 Energy Intensity Reduction Potentials in OPEC and Its Advantages / 11 Translators: Mahyar Emami, Hamid Barimani Subscription: Hamideh Noori Development of Yadavaran Oilfield Moving on / 26 IRANIAN ASSOCIATION FOR ENERGY ECONOMICS China’s Colorful Presence in Iran’s Petroleum Unit 13, Fourth flour, No.177, Vahid Dastgerdi (Zafar) Ave., Tehran, Iran Tel: (9821) 22262061-3 Industry / 27 Fax: (9821) 22262064 Web: www.IRAEE.org E-mail: [email protected] 1 Oct . 2009 - 119 Rivalries in the
    [Show full text]
  • Iran in the European Gas Market: a Russian Point of View
    NoteNote dede l’Ifril’Ifri Iran in the European Gas Market: a Russian Point of View Igor Tomberg October 2009 Gouvernance européenne et géopolitique de l’énergie The Institut français des relations internationales (Ifri) is a research center and a forum for debate on major international political and economic issues. Headed by Thierry de Montbrial since its founding in 1979, Ifri is a non-governmental and a non-profit organization. As an independent think tank, Ifri sets its own research agenda, publishing its findings regularly for a global audience. Using an interdisciplinary approach, Ifri brings together political and economic decision-makers, researchers and internationally renowned experts to animate its debate and research activities. With offices in Paris and Brussels, Ifri stands out as one of the rare French think tanks to have positioned itself at the very heart of European debate. The opinions expressed in this text are the responsibility of the authors alone. ISBN : 978-2-86592-611-4 © All rights reserved, Ifri, 2009 IFRI IFRI-BRUXELLES 27 RUE DE LA PROCESSION RUE MARIE-THÉRÈSE, 21 75740 PARIS CEDEX 15 1000 - BRUXELLES, BELGIQUE PH. : +33 (0)1 40 61 60 00 PH. : +32 (0)2 238 51 10 Email : [email protected] Email : [email protected] SITE INTERNET : Ifri.org Contents POLITICAL CONTEXT ........................................................................... 2 THE ENERGY CONSTITUENT OF THE “IRANIAN QUESTION”..................... 5 A DIFFICULT CHOICE: PIPELINE OR LNG .............................................. 9 EUROPEAN COMPANIES EXPAND CONTACT WITH IRAN ........................ 12 NABUCCO: A BONE OF CONTENTION IN THE ANTI-IRANIAN COALITION? ...................................................................................... 15 AZERBAIJAN ALONE WILL NOT SAVE NABUCCO ................................. 18 CENTRAL ASIA IS BIDING ITS TIME .....................................................
    [Show full text]
  • Iran Last Updated: July 16, 2021 Overview Iran Holds Some of the World’S Largest Proved Crude Oil Reserves and Natural Gas Reserves
    Background Reference: Iran Last Updated: July 16, 2021 Overview Iran holds some of the world’s largest proved crude oil reserves and natural gas reserves. Despite Iran’s abundant reserves, crude oil production stagnated and even declined between 2012 and 2016 as a result of nuclear-related international sanctions that targeted Iran’s oil exports and limited investment in Iran's energy sector. At the end of 2011, in response to Iran’s nuclear activities, the United States and the European Union (EU) imposed sanctions, which took effect in mid-2012. These sanctions targeted Iran’s energy sector and impeded Iran’s ability to sell oil, resulting in a nearly 1.0 million barrel-per-day (b/d) drop in crude oil and condensate exports in 2012 compared with the previous year.1 After the oil sector and banking sanctions eased, as outlined in the Joint Comprehensive Plan of Action (JCPOA) in January 2016, Iran’s crude oil and condensate production and exports rose to pre-2012 levels. However, Iran's crude oil exports and production again declined following the May 2018 announcement that the United States would withdraw from the JCPOA. The United States reinstated sanctions against purchasers of Iran’s oil in November 2018, but eight countries that are large importers of Iran’s oil received six-month exemptions. In May 2019, these waivers expired, and Iran’s crude oil and condensate exports fell below 500,000 b/d for the remainder of 2019 and most of 2020. According to the International Monetary Fund (IMF), Iran’s oil and natural gas export revenue was $26.9 billion in FY 2015–2016, decreasing more than 50% from $55.4 billion in FY 2014–2015.
    [Show full text]
  • God and Man in Tehran: Contending Visions of the Divine from The
    GOD and MAN in TEHRAN CONTENDING VISIONS of the DIVINE from the QA JA RS to the I S LA M I C REP U B LI C H O S S E I N K A M A LY God and Man in Tehran GOD and MAN in TEHRAN Contending Visions of the Divine from the Qajars to the Islamic Republic HOSSEIN KAMALY COLUMBIA UNIVERSITY PRESS NEW YORK Columbia University Press Publishers Since 1893 New York Chichester, West Sussex cup .columbia .edu Copyright © 2018 Columbia University Press All rights reserved Library of Congress Cataloging-in-Publication Data Names: Kamaly, Hossein, author. Title: God and man in Tehran : contending visions of the divine from the Qajars to the Islamic Republic / Hossein Kamaly. Description: New York : Columbia University Press, 2018. | Includes bibliographical references and index. Identifiers: LCCN 2017031095 | ISBN 9780231176828 (hardcover : alk. paper) | ISBN 9780231541084 (e-book) Subjects: LCSH: God (Islam) | Tehran (Iran)—History. Classification: LCC BP166.2 .K225 2017 | DDC 202/.11095525—dc23 LC record available at https: // l c c n . l o c . g o v /2017031095 Columbia University Press books are printed on permanent and durable acid-free paper. Printed in the United States of America Cover design: Jordan Wannemacher Cover image: © Kamyar Adl / Alamy Stock Photo For my family Mojdeh, Mohammad, Mitra, and Reza With love Contents Preface ix Acknowledgments xv On Transliteration and Dates xvii ONE O God, O Heaven, O Nature 1 TWO Mediatory Theology and Its Discontents 29 THREE God with Us 64 FOUR The Law: God’s and Man’s 86 FIVE Falsafeh and the Madraseh 110 SIX Sufism Returns, and with a Vengeance 145 SEVEN Varieties of Skeptical Expression 176 Appendix 191 [ vii ] CONTENTS Notes 193 References 197 Index 221 [ viii ] Preface God, a word everyone knows, but one that carries different meanings for different people.
    [Show full text]
  • Country Analysis Brief: Iran
    Country Analysis Brief: Iran Last Updated: April 9, 2018 Overview Iran holds the world’s fourth-largest proved crude oil reserves and the world’s second- largest natural gas reserves. Despite its abundant reserves, Iran’s crude oil production has undergone years of underinvestment and effects of international sanctions. Natural gas production has expanded, the growth has been lower than expected. Since the lifting of sanctions that targeted Iran’s oil sector, oil production has reached more than 3.8 million barrels per day in 2017 Iran holds some of the world’s largest deposits of proved oil and natural gas reserves, ranking as the world’s fourth-largest and second-largest reserve holder of oil and natural gas, respectively. Iran also ranks among the world’s top 10 oil producers and top 5 natural gas producers. Iran produced almost 4.7 million barrels per day (b/d) of petroleum and other liquids in 2017 and an estimated 7.2 trillion cubic feet (Tcf) of dry natural gas in 2017.1 The Strait of Hormuz, off the southeastern coast of Iran, is an important route for oil exports from Iran and other Persian Gulf countries. At its narrowest point, the Strait of Hormuz is 21 miles wide, yet an estimated 18.5 million b/d of crude oil and refined products flowed through it in 2016 (nearly 30% of all seaborne-traded oil and almost 20% of total oil produced globally). Liquefied natural gas (LNG) volumes also flow through the Strait of Hormuz. Approximately 3.7 Tcf of LNG was transported from Qatar via the Strait of Hormuz in 2016, accounting for more than 30% of global LNG trade.
    [Show full text]
  • Natural Gas Market Review 2009
    NAturAL GAS MARKet REVieW 2009 Please note that this PDF is subject to specific restrictions that limit its use and distribution. The terms and conditions are available at www.iea.org/about/ copyright.asp INTERNATIONAL ENE R G Y A GENCY 2009 NAturAL GAS MARKet REVieW The global economic crisis has not spared the gas sector. Over the past year, we have moved from a tight supply and demand balance with extremely high gas prices to an easing one with plummeting gas prices. Since the last quarter of 2008, demand has been declining dramatically, essentially because of the global recession. Yet significant new volumes of liquefied natural gas will come on stream within the next few years, and the United States’ unconventional gas production has risen rapidly, with global consequences. It remains to be seen how these demand and supply pressures will play out, particularly in the pivotal power sector, in both OECD and non-OECD countries. Meanwhile, the security of gas supplies has once again become a critical issue, in particular in Europe after it experienced its worst supply disruption during the Russian- Ukraine crisis in January 2009. Moreover, the current market climate of weakening demand, lower prices and regulatory uncertainties added to the tough financial environment are likely to jeopardise investments, in particular in capital-intensive projects, further undermining long-term energy security in the most fundamental way when economies recover. The Natural Gas Market Review 2009 looks at these and other major developments and challenges in the different parts of the gas value chain in a selection of IEA countries – the United States, Canada, Spain, Norway, the Netherlands, and Turkey – as well as in non-IEA member countries in the Middle East, North Africa, Southeast Asia, and China.
    [Show full text]
  • Development of Energy Sector in Iran in Light of Energy Trilemma. an Analysis of Legal and Policy Challenges
    Development of Energy Sector in Iran in Light of Energy Trilemma. An Analysis of Legal and Policy Challenges Mohammad Mohsen Masjedi ADVERTIMENT. L'accés als continguts d'aquesta tesi doctoral i la seva utilització ha de respectar els drets de la persona autora. Pot ser utilitzada per a consulta o estudi personal, així com en activitats o materials d'investigació i docència en els termes establerts a l'art. 32 del Text Refós de la Llei de Propietat Intel·lectual (RDL 1/1996). Per altres utilitzacions es requereix l'autorització prèvia i expressa de la persona autora. En qualsevol cas, en la utilització dels seus continguts caldrà indicar de forma clara el nom i cognoms de la persona autora i el títol de la tesi doctoral. No s'autoritza la seva reproducció o altres formes d'explotació efectuades amb finalitats de lucre ni la seva comunicació pública des d'un lloc aliè al servei TDX. Tampoc s'autoritza la presentació del seu contingut en una finestra o marc aliè a TDX (framing). Aquesta reserva de drets afecta tant als continguts de la tesi com als seus resums i índexs. ADVERTENCIA. El acceso a los contenidos de esta tesis doctoral y su utilización debe respetar los derechos de la persona autora. Puede ser utilizada para consulta o estudio personal, así como en actividades o materiales de investigación y docencia en los términos establecidos en el art. 32 del Texto Refundido de la Ley de Propiedad Intelectual (RDL 1/1996). Para otros usos se requiere la autorización previa y expresa de la persona autora.
    [Show full text]