Hassan Rouhani to visit Baku

[rmi5]

It all depends on how Russia plays it game, if you mean short-term then I'll have to agree, because Iran doesn't have the capacity to export gas to Europe, currently Iran faces natural gas shortages during cold sessions, however if the conflict with Russia continues Europe needs an alternative to Russian gas and Iran currently has the largest reserves of natural gas in the world. With proper investment and a decade under less strict financial sanctions Iran might be able to turn into Europe's top natural gas exporter.

Dude, mullahs are a headache for their economic partners. BTW, as I said before, Azeri, and Turkmen gas and also North African Gas are the other option instead of Russia to supply EU gas demands. mullah gas, has no advantage to these resources, which are more reliable, and closer to EU.

 

[Serpentine]

its not rival gas
if it is true then Europe would be buying Irans and Azerbaijans gas
and the pipeline is already U/C through Turkey
so as it is already getting built its easier to send it through this one

again its just a rumor but I heard Azerbaijan would be exporting Iranian gas and in return Iran and Azerbaijan agree on a common border in the Caspian Sea
( agreeing to Azerbaijans claimed line )

I don't think Iran will ever agree with those borders in Caspian sea. So this rumor is most probably false.

 

[Azeri440]

I don't think Iran will ever agree with those borders in Caspian sea. So this rumor is most probably false.

we'll see

 

[rmi5]

its not rival gas
if it is true then Europe would be buying Irans and Azerbaijans gas
and the pipeline is already U/C through Turkey
so as it is already getting built its easier to send it through this one

again its just a rumor but I heard Azerbaijan would be exporting Iranian gas and in return Iran and Azerbaijan agree on a common border in the Caspian Sea
( agreeing to Azerbaijans claimed line )

Now, it can make sense in some extent. Although, I still think that it is not practical.

 

[Sam1980]

Dude, mullahs are a headache for their economic partners. BTW, as I said before, Azeri, and Turkmen gas and also North African Gas are the other option instead of Russia to supply EU gas demands. mullah gas, has no advantage to these resources, which are more reliable, and closer to EU.

Turkmenistan has the largest reserves among the Iran's viable competitors, however its nowhere closer to Europe than Iran. Azerbaijan doesn't have necessary reserves to supply Europe on its own in the long-run. Algeria is already supplying Europe with natural gas however its not enough to meet the Europe needs. And don't forget that Europe needs to diversify its sources of energy, in international commerce they don't label the necessity be it Mullah's or Hitler's you need to diversify, among the reasons that China and India keep buying Iranian oil (beside it being cheaper than market average) is to diversify their sources of energy.

 

[Azeri440]

Turkmenistan has the largest reserves among the Iran's viable competitors, however its nowhere closer to Europe than Iran. Azerbaijan doesn't have necessary reserves to supply Europe on its own in the long-run. Algeria is already supplying Europe with natural gas however its not enough to meet the Europe needs. And don't forget that Europe needs to diversify its sources of energy, in international commerce they don't label the necessity be it Mullah's or Hitler's you need to diversify, among the reasons that China and India keep buying Iranian oil (beside it being cheaper than market average) is to diversify their sources of energy.

Azerbaijan will be supplying Europe with 60bcm of gas after Shah Deniz development project is finished

 

[Sam1980]

Azerbaijan will be supplying Europe with 60bcm of gas after Shah Deniz development project is finished

My point is the Azerbaijan's proven natural gas reserves. I'm not questioning the capabilities of Azerbaijan in being able to supply Europe with natural gas, however keep in mind that European countries collectively consume about 470 billion cubic meter of natural gas every year.

 

[rmi5]

Turkmenistan has the largest reserves among the Iran's viable competitors, however its nowhere closer to Europe than Iran. Azerbaijan doesn't have necessary reserves to supply Europe on its own in the long-run. Algeria is already supplying Europe with natural gas however its not enough to meet the Europe needs. And don't forget that Europe needs to diversify its sources of energy, in international commerce they don't label the necessity be it Mullah's or Hitler's you need to diversify, among the reasons that China and India keep buying Iranian oil (beside it being cheaper than market average) is to diversify their sources of energy.

oil imports are another story. each petrochemical plant can only consume some special types of oil with very restrict formulas. That's why US did not ask Iranian oil importers to immediately cut their own imports. since it was not possible. and that's why returning to oil market and gaining the previous share of oil market, would take 5-10 years if all sanctions get removed, and Iran magically finds money to revive oil wells.
BTW, Egypt, KSA, and Iraq also have gas resources, in addition to Algeria in possible southern gas providers.

 

[Sam1980]

oil imports are another story. each petrochemical plant can only consume some special types of oil with very restrict formulas. That's why US did not ask Iranian oil importers to immediately cut their own imports. since it was not possible. and that's why returning to oil market and gaining the previous share of oil market, would take 5-10 years if all sanctions get removed, and Iran magically finds money to revive oil wells.
BTW, Egypt, KSA, and Iraq also have gas resources, in addition to Algeria in possible southern gas providers.

The refineries could change their configuration, there is no very strict formula (we are not living in 20th century anymore), however changing the refinery configuration (in old oil refineries) results in variation of quality and quantity of the produced petrochemical products, for example: Light Distillates: Gasoline, Naphtha; Middle Distillates: Gas oil, diesel, kerosene, etc... anyway, that's almost an obsolete concept as today's refineries are able to handle any range of crude oil with the same output. And there is no shortage of crude oil similar to that of Iran's in the market either, Iraq's oil that is being produced in shared-oil wells with Iran has the similar quality to that of Iranian oil. However, as I said diversification of resources remains the wisest economic decision. Be it oil, gas, electricity, etc...

Read these two papers if you're really interested to know more about the subject of "energy diversification"

https://www.imf.org/external/pubs/ft/wp/2011/wp1139.pdf
http://www.fas.org/sgp/crs/row/R42405.pdf

 

[rmi5]

The refineries could change their configuration, there is no very strict formula (we are not living in 20th century anymore), however changing the refinery configuration (in old oil refineries) results in variation of quality and quantity of the produced petrochemical products, for example: Light Distillates: Gasoline, Naphtha; Middle Distillates: Gas oil, diesel, kerosene, etc... anyway, that's almost an obsolete concept as today's refineries are able to handle any range of crude oil with the same output. And there is no shortage of crude oil similar to that of Iran's in the market either, Iraq's oil that is being produced in shared-oil wells with Iran has the similar quality to that of Iranian oil. However, as I said diversification of resources remains the wisest economic decision. Be it oil, gas, electricity, etc...

Read these two papers if you're really interested to know more about the subject of "energy diversification"

https://www.imf.org/external/pubs/ft/wp/2011/wp1139.pdf
http://www.fas.org/sgp/crs/row/R42405.pdf

Dude, most of Iran's oil is heavy oil which only a few refineries can consume them, and in summary it is not as easy as what you think.
BTW, the purpose of diversifying resources is having more reliability. So, what's the point in adding an unreliable source in your oil provider list?!!!

 

[Sam1980]

Dude, most of Iran's oil is heavy oil which only a few refineries can consume them, and in summary it is not as easy as what you think.
BTW, the purpose of diversifying resources is having more reliability. So, what's the point in adding an unreliable source in your oil provider list?!!!

I currently have a patent pending for specialized zeolites with increased pores, so trust me on this. I don't want to go into detail of "fluid catalytic cracking".

Read the papers, if you want to know the answer to that, but to summarize the goal is to find as many suppliers as possible, the import must offset the need.

 

[rmi5]

I currently have a patent pending for specialized zeolites with increased pores, so trust me on this. I don't want to go into detail of "fluid catalytic cracking".

Read the papers, if you want to know the answer to that, but to summarize the goal is to find as many suppliers as possible, the import must offset the need.

So? how does it explain this:

BTW, the purpose of diversifying resources is having more reliability. So, what's the point in adding an unreliable source in your oil provider list?!!!

 

[Sam1980]

So? how does it explain this:

For the first question you need to first understand the concept of "Fluid Catalytic Cracking"

"As the heart of a refinery, the Fluid Catalytic Cracking (FCC) unit is continuously pushed to the limit. Refiners are continually evaluating potential FCC modifications to increase capacity and improve product yields, as well as to maximize on-stream factor and mechanical reliability in order to be more profitable while simultaneously meeting stringent environmental regulations." KBR

With new FCC technologies it doesn't matter if the oil is heavy or light. Think of it as a framework that enables cross-platformity!!

Here is a good introduction to
FCC: Fluid Catalytic Cracking - Processes > Petrochemical Processing & Refining > Fluid Catalytic Cracking | Linde Industrial Gases
But to answer your second question you need to read: https://www.imf.org/external/pubs/ft/wp/2011/wp1139.pdf
Pages 5 to 8

But it would be best if you read the both of the pdf files I gave you earlier.

Anyway, I have gotta go. TC.

 

[rmi5]

For the first question you need to first understand the concept of "Fluid Catalytic Cracking"

"As the heart of a refinery, the Fluid Catalytic Cracking (FCC) unit is continuously pushed to the limit. Refiners are continually evaluating potential FCC modifications to increase capacity and improve product yields, as well as to maximize on-stream factor and mechanical reliability in order to be more profitable while simultaneously meeting stringent environmental regulations." KBR

With new FCC technologies it doesn't matter if the oil is heavy or light. Think of it as a framework that enables cross-platformity!!

Here is a good introduction to
FCC: Fluid Catalytic Cracking - Processes > Petrochemical Processing & Refining > Fluid Catalytic Cracking | Linde Industrial Gases
But to answer your second question you need to read: https://www.imf.org/external/pubs/ft/wp/2011/wp1139.pdf
Pages 5 to 8

But it would be best if you read the both of the pdf files I gave you earlier.

Anyway, I have gotta go. TC.

Dude, I am asking about the reliability.
About the refinaries, how many of refinaries are working with this new systems that you are suggesting? Do you know how much these systems would cost? For example, have you any idea of the refinaries of East Europe and their used technology? can they be adjusted, by a minimum cost, to refine both types of oils?
Anyway, my question was something else. My question is how importing from a non-reliable oil providing source, can increase the reliability of providing oil for a country?

 

[Sam1980]

Dude, I am asking about the reliability.
About the refinaries, how many of refinaries are working with this new systems that you are suggesting? Do you know how much these systems would cost? For example, have you any idea of the refinaries of East Europe and their used technology? can they be adjusted, by a minimum cost, to refine both types of oils?
Anyway, my question was something else. My question is how importing from a non-reliable oil providing source, can increase
the reliability of providing oil for a country?

Iran won't be less reliable than Russia, sometimes you don't have many options, for example Iran is importing natural gas from Turkmenistan, they have shown to be anything but reliable but currently there are no other options for Iran; Iran can't afford to construct a whole delivery system and it is cheaper for Iran to stick with Turkmenistan gas (under current circumstances).

In order to understand how difficult and costly it is to build a natural gas delivery system read this article: How Does the Natural Gas Delivery System Work? - Natural Gas

What system are you talking about? The technology I'm talking about is no new system (as in yesterday's) All the modern refineries are using new technologies, at least majority of Iran's customers (India, China, Japan, Korea to name a few) which again are the MAIN importers of Iranian oil have the technology since 1982 and 1989 in India, Eastern European countries also have the technology however they're not an issue as they're not major importers. As a matter of fact the only country that faced problem was Sri Lanka which replaced Iran's oil with Iraq's oil to remedy the problem.

And yes the cost will be minimum. Certainly a lot less "minimum" than U.S. penalties, however even the countries that use older technologies (similar to that of Abadan's refinery) won't need to reconfigure their refineries as the Iraq's heavy crude could easily replace Iran's, however no country is willing to put aside diversification of its energy supplies and for a lesser cost at that to increase its dependencies on other countries.

As for your questions, if you read my post carefully as well as read the IMF report that I posted earlier should be sufficient to answer them.