The Social Sciences

Year: 2016
Volume: 11
Issue: 15
Page No. 3664 - 3672

Iran and Energy Challenge in the Eurasia Future

Authors : Pirzadeh Shahnany Meysam, Bahmanpour Hamzeh and Rastgoo Ahmad

Abstract: Iran has rich energy resources like oil and gas reserves and it is among the top four and two countries with largest proven oil and gas reserves in the world, respectively. Meanwhile, countries without sufficient energy resources in Eurasia, e.g., China and India with large and rapidly growing economies, need more amount of gas and oil than what they produce in their own countries. China, Pakistan and India are among the fastest-growing economies in the Asia now. Given the fact that two of the most populous countries in the world whose economies are in a rapid growth are placed in the Eurasia, it is predicted that the need of regional countries for energy will be increase significantly in the next few years. In addition, energy-consuming countries emphasize on diversifying their imported energy sources and oil and gas in particular. Islamic Republic of Iran is a major producer with diverse energy resources within its territory and while it is situated in the Middle East and produces oil in the Persian Gulf, it belongs to Eurasia energy sector.

How to cite this article:

Pirzadeh Shahnany Meysam, Bahmanpour Hamzeh and Rastgoo Ahmad, 2016. Iran and Energy Challenge in the Eurasia Future. The Social Sciences, 11: 3664-3672.

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