Tuesday 6 February 2007
February 06, 2007
Iran | Politicians in favor of gas cartel
February 6, 2007 (RFE/RL) -- Iranian politicians are welcoming proposals to form an international natural-gas producers' organization -- similar to oil's OPEC -- allowing members to exercise greater control over natural-gas prices. Several politicians believe such an organization would improve and stabilize the price of gas as well as enhance Iran's political power through greater finances and closer ties with Russia, a gas producer seen as a strategic ally against unfriendly Western countries.