Russian Officials Oppose Iran’s Idea of Creating Gas Cartel

Officials at the Economic Development and Trade Ministry and the Industry and Energy Ministry do not see any economic expediency in creating a gas cartel.

On Sunday [28 January], Iranian spiritual leader Ayatollah Ali Khamene’i spoke in favour of creating “an organization for cooperation in the gas sector, similar to OPEC”.

“I do not understand why Russia would want to create a gas cartel at all. I see no sense in that,” the RIA-Novosti news agency was told by an official representative of the Economic Development and Trade Ministry in a comment on the suggestion made by Khamene’i. “Especially since Iran is coming under serious pressure from outside.”
Rigzone