Wednesday, 16 July 2008

Russian Oil Giant Gazprom signs deal with Iran

Gazprom has signed a memorandum on cooperation in production and transportation of oil and natural gas with the National Iranian Oil Co. The Iranian company, which all other oil companies in the world refuse to work with, is promising Gazprom “a full package of projects.” The memorandum was signed by Gazprom CEO Alexey Miller, Iranian Oil Minister Gholam Hossein Nozari and NIOC managing director Seifollah Jashnsaz. Gazprom will thus have the chance to strengthen its position in the countries with the world’s second largest gas reserves (proven reserves of 28.13 trillion cu. m.).

The memorandum envisages the formation of a joint venture to implement geological exploration and development projects, construction of refineries and transportation of Iranian gas. Nozari also mentioned transportation of oil from the Caspian Sea to the Gulf of Oman to the Iranian official IRNA information agency. A Gazprom sources also says that an Iran-Pakistan-India gas pipeline has been discussed.

The point here is that the Russians have no problem dealing with the Iranians who have been vilified in the West. Consider that the Russian government is currently fighting against Chechen rebels, who are Muslim, and yet they have good relations with the Iranians who have been portrayed as dangerous sponsors of terrorism. The US is only interested in controlling the oil, whether by limiting other countries ability to sell it or through directly having access to it. The US would love to see Iran's influence in the Middle East significantly diminished in order to secure its position in the region.

The USA is the rogue state.

[Posted at the SpookyWeather blog, July 16th, 2008.]

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