"While sanctioned itself, Iran has the world's second largest gas reserves after Russia and is a potential alternative given talks between Tehran and the West to reach a deal over the Islamic Republic's disputed nuclear programme.
"'High potential for gas production, domestic energy sector reforms that are underway, and ongoing normalization of its relationship with the West make Iran a credible alternative to Russia,' said a paper prepared for the European parliament...
"'Given Russia's current strategy politically, which is one of confrontation with Europe, I see the EU having little choice but to find alternative gas supplies,' he added...
"'Iran's interest to deliver gas to Europe is very big. Parts of Iran's economical and political elite as well as Western companies are preparing for an end of the sanctions,' said Frank Umbach, energy research director at King's College in London.
"Iran has long lobbied to build a designated pipeline that would connect its huge South Pars gas field with European customers -- the so-called Persian Pipeline.
"'It's an extremely ambitious project,' Handjani said. 'Even if half of it gets built it would be major accomplishment for both Europe and Iran...'
"Independent feasibility studies show that if sanctions were to be eased and investments started soon, Iran could supply 10-20 billion cubic metres (bcm) of gas a year to Turkey and Europe by the early 2020s." (EU turns to Iran as alternative to Russian gas)
This is why Obama wants to ease sanctions; it's because he needs to find an alternate source of gas for Europe while he prosecutes his war on Russia. Defeating Russia has become Washington's top strategic priority. The United States is willing to risk everything -- even nuclear war -- to maintain its stranglehold on global power and to extend its hegemony into the next century.