By Catherine Kent
Reuters reports
that Iran has caught the European Union’s eye as a potential gas-supplying
suitor. Iran has the world’s second largest gas reserve, and could reduce the
Europe’s reliance on Russia (prior to the recent sanctions, Russia supplied one
third ($80 billion a year) of Europe’s natural gas). Once a pipeline is built,
the only thing standing in the way of this EU-Iran relationship is the existing
sanctions on Iran.
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