Energy Factor in Iran-Turkey Relations

Abstract

This paper outlines the mutually beneficial opportunities for cooperation on energy policy that are likely to emerge between Iran and Turkey. A number of recent developments, in both countries' domestic political situation and beyond, have prompted renewed cooperation in spite of a difficult past. Keeping in mind Iran's important role as an energy producer, and Turkey's ideal geopolitical position as a key conduit to Western markets, convergence on energy policy follows as a logical matter of course for both actors. A qualitative analysis of the perceptions of various key decision-makers will be presented here, using information obtained from interviews, to provide some understanding of the constantly changing relationship between the two countries. These insightful qualitative analyses will be supported by empirical data showing the real economic and political impacts of these various periods of diplomatic warming and cooling. With Western markets seeking a viable alternative to Russian gas exports, and Iranian sanctions likely to be eased gently over the foreseeable period, the possibility of both states achieving their individual energy policy goals may be within reach, and could provide an economic boost to the region as a whole.