Iran Seeks to Undermine U.S. Energy Plan for Europe

Iran plans to import more oil and gas from Central Asia as it seeks to undermine a U.S.-backed project to build pipelines from the Caspian Sea to Europe.

Iran intends to build its own energy link from Kazakhstan and Turkmenistan to rival a U.S.-supported web of pipelines, Mahmood Khaghani, director of Caspian Sea affairs in the Iranian Oil Ministry, said in Baku, Azerbaijan, today.