The Fuse quotes Global Energy Center Nonresident Senior Fellow Sara Vakhshouri on the future of Iran’s economy and industry after the lifting of international sanctions:
“The situation will change hugely. Iran will soon have access to technology and investment,” Sara Vakhshouri, President of SVB Energy International and a senior Fellow at the Atlantic Council Global Energy Center, told The Fuse in an interview.
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“Iran’s main priority is now to export gas through GCC (Gulf Cooperation Council) countries, and that has a price advantage,” Vakhshouri told The Fuse before she spoke at an Atlantic Council event on Tuesday. “GCC countries all need gas because all of them are oil-producing countries and their energy consumption is very high. They can substitute their liquid fuel in their power generators or industries (petrochemical industry in case of Saudi Arabia) by Iranian gas and free up their crude oil for export.”