Hurriyet: Iran may steal Turkey’s role

Energy expert and strategist Mehmet Öğütçü answered my questions on what kind of role Iran would take in energy and how the nuclear program deal would affect Turkey. 

Öğütçü has such titles as the London-based Global Resources Partnership Chairman, the special energy representative of the EU and the Bosphorus Energy Club Executive Chairman. 

His first sentence is striking: “Nobody should doubt that Iran is a super power in oil and natural gas.” As a matter of fact, in the hours following the deal, Öğütçü noted oil prices went down. With the increase in oil production, the OPEC order will be upside down.

He also predicts that with the lifting of the sanctions against Iran, major oil and natural gas companies of the West will turn to Iran.

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