The Middle East and the Future of Oil Supply
The consequences of politics and conflicts
Date: Tuesday September 27th
Time: 14:30 – 16:00 (N.B. Coffee will be served from 14:00)
Venue: Konferens Spårvagnshallarna, Birger Jarlsgatan 57 A, Stockholm
The seminar is free of charge and will be held in English
The seminar will shed light on the political development and conflicts in the Middle East and the region's future as a global energy production hub.
Some of the topics related to politics and economy will be:
- The sectarian tensions between Sunnis and Shias.
- Can tensions be reduced? Is Saudi-Iranian reconciliation possible?
- Can Iraq be kept together as one nation, or are we witnessing its de facto partition?
- How vulnerable are the Arabian monarchies and the theocratic regime of Iran to internal popular calls for modernization and democracy?
The region's ability to uphold and increase oil exports will be impacted by politics, security, economic development and investments. We will look in to the following issues, among others:
- Will Iran and Iraq be able to realize the long term production growth that is commensurate with their large reserves?
- What are the likely consequences of Saudi Arabia's new Strategic Vision for its long term production?
- How will future oil demand and price uncertainty impact new production capacity investments?
- Will foreign investment and expertise be scared off by the unstable situation? Will international oil companies stick to the region?
Dr. Rouzbeh Parsi – Director of European Iran Research Group and senior lecturer at Lund University, Department of History and Human Rights, specialising on Iran and the Middle East.
Mr. Michael W. Barry – Director of Research at Facts Global Energy London and co-founder of EMC-Energy Market Consultants (UK) Limited in 1989 (now FGE London), responsible for the company's renowned short-term oil market coverage.
Staffan Riben – Chairman of NOG:s Program Committee and consultant with a long background in the international petroleum industry.