Iran's Green Revolution May Come From Energy

Against the backdrop of discussions about pending negotiations over its controversial nuclear program and the upcoming deadline of an European embargo on Iranian oil comes a quiet push by the Islamic republic to become a major electricity exporter. Tehran had said it was expecting to secure electricity deals with Syria and Lebanon and had somehow attracted an estimated $1 billion to help build new power plants in the country. With some of the largest natural gas reserves in the world, Tehran might be able to shrug off international sanctions by…

Read more...