Act III - Iran?? Maybe Not...
Sung to the Beach Boys Barbara Ann...
Bomb, Bomb, Bomb,
Bomb, Bomb, Iran....
Not so fast Joe, maybe not...
Last week's signing of a mega-gas deal between Beijing and Tehran worth $100 billion. Billed as the "deal of the century" by various commentators, this agreement is likely to increase by another $50 to $100 billion, bringing the total close to $200 billion, when a similar oil agreement, currently being negotiated, is inked not too far from now.
"The gas deal entails the annual export of some 10 million tons of Iranian liquefied natural gas (LNG) for a 25-year period, as well as the participation, by China's state oil company, in such projects as exploration and drilling, petrochemical and gas industries, pipelines, services and the like. The export of LNG requires special cargo ships, however, and Iran is currently investing several billion dollars adding to its small LNG-equipped fleet."
Though America officially refers to Iran as part of the "Axis of Evil," this does not stop it importing very large quantities of Iranian LNG through third parties. Now all that will come to a grinding halt, because Iran must naturally focus exclusively on filling its mammoth Chinese commitments.
At the same time, Iran effectively came under China's protection, because any American attack on Iran will impact directly on Chinese National Security by severing its energy resources. It is but a small step for Iran from there to full membership of the Shanghai Cooperation Organization (SCO), and overall protection by the Russian-Chinese Axis.”
http://www.energybulletin.net/3124.html
See archives...Act III Iran??
http://naybob.blogspot.com/2005_01_16_naybob_archive.html
Bomb, Bomb, Bomb,
Bomb, Bomb, Iran....
Not so fast Joe, maybe not...
Last week's signing of a mega-gas deal between Beijing and Tehran worth $100 billion. Billed as the "deal of the century" by various commentators, this agreement is likely to increase by another $50 to $100 billion, bringing the total close to $200 billion, when a similar oil agreement, currently being negotiated, is inked not too far from now.
"The gas deal entails the annual export of some 10 million tons of Iranian liquefied natural gas (LNG) for a 25-year period, as well as the participation, by China's state oil company, in such projects as exploration and drilling, petrochemical and gas industries, pipelines, services and the like. The export of LNG requires special cargo ships, however, and Iran is currently investing several billion dollars adding to its small LNG-equipped fleet."
Though America officially refers to Iran as part of the "Axis of Evil," this does not stop it importing very large quantities of Iranian LNG through third parties. Now all that will come to a grinding halt, because Iran must naturally focus exclusively on filling its mammoth Chinese commitments.
At the same time, Iran effectively came under China's protection, because any American attack on Iran will impact directly on Chinese National Security by severing its energy resources. It is but a small step for Iran from there to full membership of the Shanghai Cooperation Organization (SCO), and overall protection by the Russian-Chinese Axis.”
http://www.energybulletin.net/3124.html
See archives...Act III Iran??
http://naybob.blogspot.com/2005_01_16_naybob_archive.html
Comments