The Russia-Iran alliance wants as much control as possible over the two crucial components of the global supply matrix: gas supplied over land via pipelines and gas supplied via ships in liquefied natural gas (LNG), and so they are moving to create a global natural gas cartel.
The US$40 billion Memorandum of Understanding (MoU) between Gazprom and the National Iranian Oil Company (NIOC) that was signed last month is a first step toward enabling Russia and Iran to carry out their long-sta...
