On April 28, news broke out that Iran and Russia were under negotiations on a reported $8 billion to $10 billion energy deal. This deal would bring complications on the Obama administration's strategy of punishingRussia with economic sanctions over the crisis in the Ukraine. The deal would be the second significant economic collaboration between the two countries that could potentially lessen the effectiveness of the sanctions on Iran.
Russia would export reportedly 500 megawatts of electricity to Iran and also construct new thermal and hydroelectric generating plants and a transmission network. The deal was discussed on Sunday between Iranian energy minister Hamid Chitchian and Russian energy minister Alexander Novak.A previous negotiation between Iran and Russia, worth $20 billion, under which the Iranians would trade 500,000 barrels of oil a day for Russian goods, angered the Obama administration. The officials said such a agreement would violate the sanctions on Iran.
Iranian officials have become increasingly comfortable with Russian officials as of late despite their past history. The Iranians believe in Putin's anti-American and anti-Western stances and feel comfortable with doing business and striking a deal with them.
http://www.nytimes.com/2014/04/29/world/middleeast/russia-and-iran-in-talks-over-energy-deal.html
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