MENA Series: Iran’s specialty gas potential


Pitching and penning any article about Iran is a slightly apprehensive prospect; the inescapable elephant in the room is the well-documented political conflict in the country and the wider region. Much of 2019 has seen an escalation in tensions where Iran is concerned, whether that emanates from nearby Iran or from further afield, in the US.

Whatever the truth may be, continued tensions with a Trump administration-led US and reported links to the 14thSeptember attacks on Saudi Arabian oil facilities have done little to alleviate the complex political balance that exists in the region.

It’s a very different picture of Iran that is painted today, compared to that of summer 2015 when the news emerged that Iran had submitted to intensive inspections and restrictions on its nuclear programme in return for a lifting of international sanctions that kept more than $100bn in assets frozen. The announcement was met with great fanfare and speculation as to the great untapped market that would soon be open for business.

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