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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Triangle of the global energy center (Iran-Saudi Arabia-Iraq)

    Rocky
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    • Post n°1

    Triangle of the global energy center (Iran-Saudi Arabia-Iraq) Empty Triangle of the global energy center (Iran-Saudi Arabia-Iraq)

    Post by Rocky Sat 08 Apr 2023, 10:13 am

    Triangle of the global energy center (Iran-Saudi Arabia-Iraq)

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    Dr. Bilal Al-Khalifa
    This region, which is West Asia, is characterized by several points, including its possession of most of the world's energy resources, and that it represents the link between East, West and South (Africa), i. Hence, the region has a great historical depth.
    First: in terms of energy
    1- Oil
    A- Oil reserves
    In the OPEC statistics for the year 2020, Saudi Arabia has 297 billion barrels of oil reserves, the Islamic Republic has 157 billion barrels, and Iraq has 145 billion barrels, knowing that the global reserves are 1732 billion barrels, and only OPEC has 1216, so the volume of oil for the energy forces triangle is 599 billion, and thus it is The percentage of that to OPEC is 49%, and the percentage of what it occupies to the world is 43.5%, and from here we see the important global position and this confirms our naming it the triangle of the global energy center, and we conclude its importance in changing the global economic and energy map if they agree and that the agreements between them proceed as planned by kiss them.
    b- Oil production
    The Islamic Republic produces 3,084 million barrels per day of crude oil. The Kingdom of Saudi Arabia produces 11,039 million barrels per day. As for Iraq, it produces 4,112 million barrels per day. The total production of the power center triangle is 18,235 million barrels per day, and it occupies 20% of world production and 58% of world power. OPEC production, more than half of OPEC production combined.
    2- Gas
    The Islamic Republic of Iran has reserves of natural gas amounting to 32.1 trillion standard cubic meters, Iraq has 3.5 trillion, and Saudi Arabia has 6 trillion standard cubic meters, so the total is 41.1 trillion cubic meters, and this means that its percentage of the world is 21.8%, which is an impressive number And major in the field of gas.
    Energy center triangle and current economic change
    After the Russian-Ukrainian war, the world seemed to be witnessing rapid economic and political change, especially in the past few days. Many countries have actually begun to deal with their local currency or the Chinese yuan in dealings with the eastern axis, and that all the steps that America and NATO took were counterproductive to them, and that these steps accelerated the end of the era of the dollar and hastened the emergence of the eastern axis.
    The Saudi-Iranian rapprochement is in the interest of the eastern axis and is an important step for Saudi Arabia because the rapprochement with the Islamic Republic (which is a very important pole in the eastern axis) is one of the big and important steps taken by Saudi Arabia in the recent period, including the request to join Shanghai, BRICS, the Arab-Chinese agreement and investment in China and others.
    Inevitably, this rapprochement, in which Iraq will be one of its most important poles and a unifying element for others, with geographical, religious and political wisdom, depends greatly on the political decision makers in Iraq, as they can catch up with global changes and line up with the rising global powers. No, it will not be a global pole in its union with the energy triangle.
    As for one of the important steps in the formation of the energy triangle, it is the establishment at the beginning of projects in which the three have contributions, for example but not limited to electric energy (energy projects) in the establishment of stations funded (for example) from Saudi Arabia and established by Iranian hands in Iraqi territory with its contribution With part of the cost, each country has a certain share of the plant, and it is a gesture of economic cooperation, and it may come to exporting it globally.
    There are joint steps taken, and the three succeeded with others, including Russia, in taking very large economic positions, which is the decision of OPEC Plus two days ago, when they decided to make a voluntary reduction in oil production by 1.66 million barrels of oil per day.
    There are other projects in which the three can participate, such as oil projects, especially in the field of refining and petrochemicals, the agricultural sector, the tourism sector, and others.
    Conclusion: There is a western pole led by America, which is NATO, and there is an eastern alliance led by China, which is Shanghai and BRICS. Why is there not a third pole of the world in whose heart is neither eastern nor western, but Islamic? We hope that these moves are a good sign for that Islamic pole, especially since it has All ingredients for success.

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