Russian energy ties with Iran send U.S. a message - by Simon Webb and Amie Ferris-Rotman
As the United States warns the world away from business with Tehran, Moscow's tightening ties to Iran's energy sector underline Russia's differences with Washington over Iranian nuclear plans and Kosovo's independence. While the timing of Moscow's announcement on Tuesday may have been political, the deal for Russian state-controlled energy giant Gazprom to take on big new Iranian oil and gas projects was a long time in the making and dovetails with Gazprom's strategic ambitions, analysts said. Gazprom, the world's biggest gas producer, will play a larger role in developing Iran's giant South Pars gas field and will also drill for oil. "The Russian government and the United States are at loggerheads over how to engage with Iran, with Russia actively favoring a more open relationship," said Ronald Smith, chief strategist at Alfa Bank. "This makes Gazprom rather indifferent to American policy wishes."
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