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Abstract

In late March 2021, China and Iran signed a cooperation pact to stimulate investments in Iran’s oil, gas and petrochemical infrastructure. We refer to this pact as the ‘Iran-China deal’ throughout this manuscript. This deal attracted substantial attention for its effects on global oil markets and the geopolitics of the region. Reports suggest that China may invest as much as $400 billion in Iran’s infrastructure and oil sector over 25 years owing to the deal. In exchange, Iran will supply oil to China at below-market prices.

Authors

Emre Hatipoglu

Research Fellow Emre Hatipoglu’s research connects political science to the study of energy markets. Before joining KAPSARC as a research fellow, he… Emre Hatipoglu’s research connects political science to the study of energy markets. Before joining KAPSARC as a research fellow, he was associate professor at the Faculty of Arts and Social Sciences, Sabancı University, Istanbul, where he was the program coordinator of the International Studies (B.A.), Conflict Analysis and Resolution (M.A.) and European Studies (M.A.) programs between 2013-2017. Dr. Hatipoglu served on the advisory board of the Sakıp Sabancı Center for Turkish Studies at Columbia University between 2016-2019, where he was also a Visiting Fulbright Scholar during the 2017-2018 academic year. Dr. Hatipoglu’s research has been published in the Journal of Politics, Energy Research and Social Science, and Foreign Policy Analysis, among others. Dr. Hatipoglu is the editor-in-chief of the journal Energy Transitions and the co-host of the KAPSARC Global Energy Relations Dataset Project. Dr. Hatipoglu obtained his Ph.D. from Penn State University.      

Expertise

  • Political Economy of Energy; Global Governance of Energy; International Trade; Economic Sanctions

Publications See all Emre Hatipoglu’s publications

Majed A. Al Suwailem

Research Fellow Majed is a Research Fellow at KAPSARC with a focus on energy security, oil trade, and market structure. He has…

Majed is a Research Fellow at KAPSARC with a focus on energy security, oil trade, and market structure. He has more than 15 years of experience in the oil and gas industry in the fields of simulation and modeling, asset management, oil field development, disruptive technologies, and business planning, gained at Chevron and Saudi Aramco.

Majed holds a B.S. degree in petroleum engineering from the University of Tulsa in the United States, along with two M.S. degrees in petroleum engineering, and reservoir geosciences and engineering, respectively, from Texas A&M University and the Institut Francais du Petrole (IFP School). He recently earned his Master of Science degree in public economics and policy from Purdue University.

 

Expertise

  • Energy Security
  • International Trade
  • Market Structure

Publications See all Majed A. Al Suwailem’s publications

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