Home
Periodic issues
Transit of Energy Resources from Iran via Georgia to Western Markets Prospects, Risks, Challenges and Opportunities
Transit of Energy Resources from Iran via Georgia to Western Markets Prospects, Risks, Challenges and Opportunities
04-Oct-2016

The paper attempts to analyse possibilities for energy transit from Iran to Georgia and further to the Western markets that have recently opened to energy supplies from Iran as international sanctions have been lifted. Iran, estimated to be the world's fourth-largest country by proven oil reserves1, and first or second by gas reserves2, is in the process of reclaiming its share of gas and oil exports to the world, and in particular to Europe.