Iran is resuming energy exports and foreign vessels are able to call on Iranian Ports. While most focus on crude, the potential of natural gas is largely ignored. Iran is poised to become a leading producer and exporter of natural gas which could redefine the nation and impact the global energy landscape. Since the 1970’s, Iran has harbored aspirations of becoming a LNG exporter. Prior to the recent sanctions, those dreams were becoming a reality with the construction of three LNG projects poised to turn Iran into a major global supplier. However, those plans were placed on hold as access to funding, technology, expertise, etc. were curtailed due to international political intervention. But with the removal of sanctions, restrictions on Iran’s LNG industry have been fully lifted. Additionally, foreign LNG carriers are permitted to call on Iranian ports. Officials have indicated that once domestic demand has been satisfied, Iranian […]