A presentation made in Tehran on 2nd November at the 15th International Conference of the International Institute for Energy Studies.

1. Transition through Gas 21 st Century Resilient Energy Markets Chris Cook IIES Conference, 1 st November 2011

2. 21 st Century Problems cannot be solved with 20 th century solutions

11. Oil and natural gas prices part company

12. 2009 through 2010 – oil is 'pegged' in a range

14. 2011 – Speculators come.....and go

17. Goodbye to the 20 th Century oil market

20. Transition through Gas – a Low Carbon Transition Plan for Iran

21. Transition in Iran Step One - unitise Natural Gas

22. Step Two – increase domestic prices to Caspian global benchmark level

23. Step Three – an energy dividend of Units is made to Iranians

24. Step Four – massive energy loan investment in Iranian renewable energy

25. Step Five – a national programme of Energy Loan investment in Energy Savings

26. Energy Diplomacy – through the Caspian Golden Gate

27. Caspian Foundation (Custodian) Investors Payment Units Services Energy Managers Littoral States Step One – Caspian Nondominium Investment

28. Step Two – Caspian gas benchmark price

29. Step Three – Energy Clearing Union ECO -> Eurasia -> Global

30. Step Four- rather than pricing oil in dollars, and gas in oil.... price dollars and oil in gas