A view of the world through bloodshot eyes!
Government is not reason; it is not eloquence; it is force! Like fire, it is a dangerous servant and a fearful master.
~ George Washington -
"A society of sheep must in time beget a government of wolves." --French philosopher Bertrand de Jouvenel--
"Or in our case hyenas." --Warren / Longrange1--
Saturday, June 30, 2007
Thursday, June 28, 2007
Monday, June 25, 2007
"OH BOO" MOMENT #2007-06/25
there is much talking on a 2,000 mile-plus trip...or not.
as for me, i like to do puzzles - anything from crosswords to sudoku.
every once in awhile i'll pay attention to what everyone else is doing. this was going to be one of those days.
as we were plugging along at 70+, nancson asked nancpop, "so, what's the big deal about axle grease?"
pop replied in kind, "why, it's good for EVERYTHING!"
nancson asking, "like what, pop?"
nancpop responds, " oh, critter bites, hair conditioner, pet shampoo, waterproofing your shoes..."
nancpop then proceeded to name fifteen or twenty excellent uses for axle grease - NONE having to do with greasing axles!
i couldn't take it anymore and blared out to pop, "YOU have lost what's left of your mind!"
pop - ever the smooth, romantic, loverboy-type, responded, "NAH! that would make us equals..."
...oh boo...
as for me, i like to do puzzles - anything from crosswords to sudoku.
every once in awhile i'll pay attention to what everyone else is doing. this was going to be one of those days.
as we were plugging along at 70+, nancson asked nancpop, "so, what's the big deal about axle grease?"
pop replied in kind, "why, it's good for EVERYTHING!"
nancson asking, "like what, pop?"
nancpop responds, " oh, critter bites, hair conditioner, pet shampoo, waterproofing your shoes..."
nancpop then proceeded to name fifteen or twenty excellent uses for axle grease - NONE having to do with greasing axles!
i couldn't take it anymore and blared out to pop, "YOU have lost what's left of your mind!"
pop - ever the smooth, romantic, loverboy-type, responded, "NAH! that would make us equals..."
...oh boo...
Wednesday, June 20, 2007
I'm sorry...
...but I am rapidly losing patience with all this "religion of peace" bovine biowaste!
It is NOT a religion, it is a socio-political system that encourages the worst and lowest behavior. It wears a religious mask, but there is no salvation, except if you kill a bunch of "other" people. It has little to no concern about the welfare of others, even of their own people. The majority of mohammadin ruled countries are 2 tier societies with the majority of people living in 3rd world conditions with no incentive to improve their lot!
It sucks the life, creativity and joy out of people. It crushes love and beauty.
It wallows in blood and death.
It is anti-life and anti-G*D!
It is the Highway to Hell...
www.worldnetdaily.com/news/article.asp?ARTICLE_ID=56262
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=56259
http://www.wnd.com/redir/r.asp?http://www.breitbart.com/article.php?id=D8PSLSLO0&show_article=1
http://www.wnd.com/redir/r.asp?http://www.cbsnews.com/stories/2007/06/18/eveningnews/main2946007.shtml
It is NOT a religion, it is a socio-political system that encourages the worst and lowest behavior. It wears a religious mask, but there is no salvation, except if you kill a bunch of "other" people. It has little to no concern about the welfare of others, even of their own people. The majority of mohammadin ruled countries are 2 tier societies with the majority of people living in 3rd world conditions with no incentive to improve their lot!
It sucks the life, creativity and joy out of people. It crushes love and beauty.
It wallows in blood and death.
It is anti-life and anti-G*D!
It is the Highway to Hell...
www.worldnetdaily.com/news/article.asp?ARTICLE_ID=56262
http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=56259
http://www.wnd.com/redir/r.asp?http://www.breitbart.com/article.php?id=D8PSLSLO0&show_article=1
http://www.wnd.com/redir/r.asp?http://www.cbsnews.com/stories/2007/06/18/eveningnews/main2946007.shtml
Sunday, June 10, 2007
"OH BOO" MOMENT 422.673
...an addendum...
today, after church and lunch - nancpop, the all powerful, was in the kitchen sweeping up some mess he'd made - when i passed by and gave him the over the glasses, one eye cocked, librarian look (oh, trust me - it's hot!).
he gazed into my not cocked eye and said, "funny - who'd've (he who speaks in three-word contractions) thought you could use one of these as a broom?!?"
...oh boo...
Friday, June 08, 2007
Hasta cuando (Until when)
Don't let the left glorify a nightmare!
FJ says:
I found the original piece of "romantic" propaganda that "inspired" this music video, a love paean to Che Guevearra entitled "Until forever, my commander". This video asks the question, "until when????" and calls the "commander" a deceptive fraud!
Chavez supporters have attempted to color the student protests as a nefarious plot and coup against Chavez's socialist government. To counter that perception, before marching, university student paint the palms of their hands white and carry banners that read "We are students, not coup makers!" to signify the sacredness of civil rights and their glorious cause.
Support the student "white hand movement".
Visit Julia @ The end of Venezuela as I know it
Thursday, June 07, 2007
The immigration bill is dead. (for now)
WASHINGTON (AP) - A broad immigration bill to legalize millions of people in the U.S. unlawfully failed a crucial test vote in the Senate Thursday, a stunning setback that could spell its defeat for the year.[...]
The vote was 45-50 against limiting debate on the bill, 15 short of the 60 that the bill's supporters needed to prevail. Most Republicans voted to block Democrats' efforts to bring the bill to a final vote.
Wednesday, June 06, 2007
Why We Ain't Buyin'
What in the hell is wrong with you people in Washington?
Its as plain as the veined tomato on Teddy Kennedy's face. The American people don't want your stinking amnesty bill!
You have no intention of enforcing any of its security provisions, strengthening the border, or fining a single illegal emigrant for breaking the law!
We know what you will do, the day after that bill is signed into law, you will start whittling away at the enforcement provisions, refuse to fund provisions for border security and 12 to 20 illegal aliens will become legal overnight!
You say that something must be done now, that the country cannot tolerate 12 million illegals in this country breaking the law, I agree. But the solution isn't to wave your magic wand and make them legal!
That's like saying that we cannot tolerate 12 million murders and pass a law to give amnesty to all of the murderers in the country.
Drop this POS Bill or pay the consequences. You serve at our pleasure and you'd best remember it!
Its as plain as the veined tomato on Teddy Kennedy's face. The American people don't want your stinking amnesty bill!
You have no intention of enforcing any of its security provisions, strengthening the border, or fining a single illegal emigrant for breaking the law!
We know what you will do, the day after that bill is signed into law, you will start whittling away at the enforcement provisions, refuse to fund provisions for border security and 12 to 20 illegal aliens will become legal overnight!
You say that something must be done now, that the country cannot tolerate 12 million illegals in this country breaking the law, I agree. But the solution isn't to wave your magic wand and make them legal!
That's like saying that we cannot tolerate 12 million murders and pass a law to give amnesty to all of the murderers in the country.
Drop this POS Bill or pay the consequences. You serve at our pleasure and you'd best remember it!
Tuesday, June 05, 2007
A list of companies...
...you might steer clear of, as an investor OR in the case of Hyundai, don't buy their cars. Greed is a strong factor here, why reward it?
Twenty Four Most-Active Iranian International Business Partners
Hundreds of companies do business with Iran with American investment dollars and, based upon publicly available information, the following are among the most active of the Tehran regime’s international business partners:
Alcatel SA: French telecommunications giant Alcatel, has signed numerous multi-million dollar contracts deals with Iran as well as Sudan over the past five years. Alcatel supplies Iran with most of its telecommunications facilities, high-speed Internet service and communication devices and infrastructure for offshore oil and gas platforms. [16]
Bow Valley Energy Ltd.: Canada’s Bow Valley Energy holds 15 percent of a $300 million deal with Iran to develop the Balal field off the Persian Gulf since 1999. [17]
BNP Paribas: BNP Paribas is the only French bank to have remained in Iran after the 1979 Islamic Revolution. BNP Paribas mainly focuses on trade finance with Iran’s oil and gas industry which is controlled by the regime’s clerical elite and feared Revolutionary Guards Corp. [18]
China National Petroleum Corp.: China National Petroleum Corp (CNPC) has announced it will invest $3.6 billion dollars to develop Block 14 of Iran’s South Pars gas field this year. CNPC is currently negotiating a $16 billion deal with Iran to develop its North Pars gas field and build liquefied natural gas infrastructures. [19]
ENI Spa: Italy’s biggest energy company, Eni Spa has numerous oil and gas contracts with Iran. In 2001, Eni Spa signed a $900 million contract to develop Iran’s’ southwest Dharkovin oil field. The company holds large stakes in multiple Iranian energy projects including a South Pars contract valued at almost $4 billion. [20]
Gazprom: Russian energy giant Gazprom has been heavily involved in developing the South Pars gas field, estimated to contain 7 percent of the world’ reserves, since 1997. In 2006 Gazprom announced it would consider setting up joint oil and gas projects with Iran’s state energy companies. [21]
Hyundai: South Korea’s Hyundai supports Iran by supplying it with energy-related construction and development help, manufacturing components and ship maintenance. Among its other mega-deals with Iran, Hyundai recently signed a $1 billion contract along with Daewoo to build oil tankers for the regime. [22]
INPEX: The Japanese market accounts for 22 percent of Iran’s oil exports which account for 85 percent of Japan’s total oil imports. The Tokyo-based INPEX, which is part-owned by the Japanese government, has billions of dollars invested in many Iranian oil projects including the Soroosh, Nowrooz and Azadegan oil fields. [23]
LG Engineering and Construction Co.: In 2002, South Korea’s LG Engineering and Construction Co. signed a $1.6 billion deal for a gas processing plant project in the South Pars gas fields. The company has a 45.3 stake in the deal that allows it to claim $700 million of the total project cost. [24]
Lukoil: Russia’s Lukoil collaborates with the National Iranian Oil Company on various exploration projects. Lukoil holds large stakes in oil projects in Anaran, Moghan, Western Changuleh and other areas in Iran. In 2000, Lukoil acquired Getty Petroleum Marketing Inc. and has gas stations across the United States. [25]
Norsk Hydro: Norsk Hydro is Norway’s second largest energy company and is partially owned by the Norwegian government. Norsk Hydro has massive investments in Iranian oil projects including a $107 million contract signed with Iran last year. [26]
OMV: Austria's OMV is central Europe's leading energy company. It has several oil exploration investments in Iran’s Mehr block. In addition, OMV is the driving force behind the Nabucco pipeline project which will transport gas from Iran's Caspian Sea directly to Europe when completed in 2011. The other companies involved in the project are: Botas (Turkey), Bulgargaz (Bulgaria), MOL (Hungary) and Transgaz (Romania). [27]
ONGC: India’s Oil and Natural gas Company (ONGC) signed a $40 billion deal with Iran in 2005 to import millions of tons of liquid gas. ONGC is involved in many lucrative exploration projects in Iran and is on the verge of signing a deal in the South Pars oilfields valued at over $100 million. [28]
Petrobras: The Brazilian government control 60 percent of the Rio de Janeiro-based Petrobras Oil Company and has a final say in its investment decisions. Petrobras intends to sign a $ 470 million contract with Iran in mid-2007. Earlier contracts with Iran included a 2004 deal worth $34 million to drill in the Caspian Sea. [29]
Petronas: Malaysia’s Petronas enjoys lucrative business with Iran. Among other deals Petronas signed a $2 billion contract, along with Total and Gazprom, to develop Iran’s South Pars gas fields. [30]
Royal Dutch Shell: In 1999, The Dutch-British energy giant, Royal Dutch Shell spent over $800 to develop two Iranian offshore oil fields. Royal Dutch Shell together with Spain’s Repsol recently signed an agreement that could result in a $10 billion contract to develop sections 13 and 14 of Iran’s South Pars gas field. [31]
Siemens AG: Siemens AG helped build Iran’s nuclear reactor in Bushehr but officially stopped working on the site after the 1979 Islamic Revolution. Siemens AG is currently active in Iranian telecommunications, high-tech, automotive and power industries. Siemens also trades with other rogue states including Sudan and Syria. [32]
Statoil ASA: Norway's biggest oil and gas company Statoil ASA has multiple high profile investments in Iran. Most of its efforts are concentrated in the South Pars gas field where it holds high percentages in various exploration and development projects. Norway prosecuted Statoil in 2004 when the company was convicted on corruption charges for trying to sway Iranian officials, including former President Hashemi Rafsanjani’s son, in a $15.2 million deal in 2002. [33]
Stolt-Nielsen SA: UK-based Stolt-Nielsen SA is one of the world’s top liquid transporters, the company does business with Iran through its subsidiary Stolt-Offshore. The US Treasury began investigating the company in 2002 for trading with Iran and falsifying documents. In 2006 Stolt-Nielsen was indicted for price fixing and rigging bids. [34]
Technip Coflexip: French based Technip Coflexip builds much of Iran’s petrochemical engineering plants and provides other technical infrastructure related to the regime’s oil and gas industry. Among its many lucrative deals with Iran, Technip Coflexip built a massive ‘steam cracker’ petrochemical plant in the Persian Gulf for $186 million. [35]
Total SA: The giant French energy company Total SA has been active in Iran since 1995. Total has multiple oil exploration and development contracts with the regime including a 2006 deal valued at $1.6 billion. Total’s CEO Christophe de Margerie and two of the company’s chief executives are currently under investigation by the French authorities over corruption allegations linked to a 1997 gas project in Iran and the Iraqi oil-for-food program. [36]
In addition, the following companies are reportedly in the process of negotiating deals with Iran:
Essar Oil: India’s Essar Oil reached a deal with Iran in 2006 for oil and gas exploration and production as well as contracts to build the regime steel plants, power plants, and an oil refinery. The deal, worth billions of dollars, is still waiting approval as both sides continue to negotiate. [37]
China National Offshore Oil Corp: China National Offshore Oil Corp (CNOOC) signed a memorandum of understanding with Iran in 2006 to develop the Northern Pars gas field and build liquefied natural gas installations. The two sides are expected to sign the $16 billion deal by the end of 2007. [38]
China Petroleum & Chemical Corp: In 2004, China Petroleum & Chemical Corp (Sinopec) won a bid to buy 10 million metric tons of liquefied natural gas every year for 25 years, but the contract hasn’t been signed yet. The deal is estimated to be worth about $100 million when approved. In 2006, Sinopec signed a memorandum of understanding with Iran to develop the
Garmsar block. The deal, that has so far not been implemented, is valued between $20-38 million. [39]
Footnotes
[16] Cornwell, Susan and Pelofsky, Jeremy, "Senators cast wary eye on Lucent-Alcatel deal," The Boston Globe, April 4, 2006
http://www.boston.com/
Alcatel SA website http://www1.alcatel-lucent.com/
[17] "Calgary Oil company may face US sanctions," CBC News, April 5, 1999 http://www.cbc.ca/money/
[18] "Iran Lures BNP, HSBC for Loans; U.S. Banks Barred," Bloomberg, December 23, 2004, http://www.bloomberg.com/
[19] "US Cautions China over reported multibillion gas deal with Iran," International Herald Tribune, January 9, 2007 http://www.iht.com/
"China's CNPC Close to MoU on $3.6B Iran LNG project," www.gulfoilandgas.com, January 12, 2007
[20] "Italian oil deal with Iran," The New York Times, July 1, 2001 http://query.nytimes.com/
"Iran signs major gulf gas deal," BBC, July 27, 2000 http://news.bbc.co.uk/1/hi/world/middle_east/854663.stm
[21] Gazprom website http://www.gazprom.com/eng/articles/article8523.shtml
"Gazprom, Iran mull joint oil and gas projects," RIA Novosti, June 26, 2006 http://en.rian.ru/russia/20060626/50015959.html
[22] "Hyundai, Daewoo to share $1 billion Iran Tanker order," Bloomberg, May 9, 2005 http://www.bloomberg.com/
"Hyundai motor says wins $227 million Iran car order," Reuters, September 3, 2006 http://today.reuters.com/news/
[23] INPEX Website http://www.inpex.co.jp/
Linzer, Dafna and Faiola, Anthony, "Japan wary of plan for sanctions against Iran," The Washington Post, June 13, 2006, http://www.washingtonpost.com/
[24] "$1.6bln gas deal," Pravda, September 16, 2002, http://newsfromrussia.com/comp/2002/09/16/36679.html
[25] "Lukoil and Hydro Confirm Oil Discovery in Western Iran," www.OilVoice.com, May 17, 2005, http://www.oilvoice.com/
"Lukoil seeks to join Iran in Caspian oilfields," Reuters via Yahoo News, October 23, 2005, http://sg.biz.yahoo.com/061023/3/448u9.html
Getty Petrolium Website http://www.getty.com/LUKOILRebrand.html
[26] "Iran Signs $107M E&D Oil Contract with Norwegian Oil Co," www.gulfoilandgas.com, September 18, 2006
Norsk Hydro Website http://www.hydro.com/
[27] "OMV in Iran: Memorandum of understanding on increased co-operation," www.gulfoilandgas.com , January, 27, 2004
Nabucco Website http://www.nabucco-pipeline.com/
[28] ONGC Website
http://www.ongcvidesh.com/op_iran.asp
"India and Iran in gas export deal, BBC, January 7, 2005 http://news.bbc.co.uk/2/hi/business/4155597.stm
[29] Radowitz, Bernd, "Petrobras to Invest $470M in Iran's Caspian Sea," Dow Jones Newswires via www.rigzone.com, March 6, 2007 http://www.rigzone.com/news/article.asp?a_id=42182
Daraghi, Borzou, "Middle East: Iran: Petrobras to drill In Caspian," The New York Times, July 7, 2004 http://query.nytimes.com/
[30] "Iran forms joint LNG firm with Total and Petronas," Reuters via Forbes, February 25, 2004 http://www.forbes.com/
Richardson, Michael, "Malaysia's State Oil Company Is Going Global: Petronas Expands Its Reach," International Herald Tribune, August 22, 1996 http://www.iht.com/articles/1996/08/22/kloil.t.php
[31] Bohlen, Celestine, "Shell, Repsol, Total, Defy U.S. to Seek Iran Deals," Bloomberg, February 23, 2007 http://www.bloomberg.com/
"Shell secures Iranian oil deal," BBC, November 14, 1999, http://news.bbc.co.uk/1/hi/business/the_economy/519688.stm
[32] Heath, Michael and Meyer Henry, "Russia Denies Ultimatum to Iran over Nuclear Fuel," Bloomberg, March 20, 2007 http://www.bloomberg.com/
"Iran signs 450 million dollar deal with Germany’s Siemens," Islamic Republic News Agency, November 14, 2006 http://www.irna.com/
Siemens AG website http://www.siemens.ir/en/Siemens%20in%20Iran.html
[33] "US resolves probe against oil company that bribed Iranian official," US Department of Justice, October 3, 2006 http://66.102.9.104/
Timmons, Heather, "Norway: oil contract investigation," The New York Times, September 13, 2003 http://query.nytimes.com/
[34] "Treasury department probes shipping company," The Associated Press via Fox News, November 22, 2002 http://www.foxnews.com/story/0,2933,71232,00.html
"Stolt-Nielsen indicted for tanker shipping price fixing," The Associated Press via International Herald Tribune, September 6, 2006 http://www.iht.com/
[35] Gertz, Bill, "French firm probed in move of pumps to Iran," The Washington Times, http://www.washtimes.com/
"NPC to build world's largest steam cracker in Iran," www.gasandoil.com , October 15, 2002 http://www.gasandoil.com/GOC/company/cnm24280.htm
[36] Sethuraman, Dinakar, "Iran May Extend Investment Deadline for Total in LNG Project," Bloomberg, April 9, 2007 http://quote.bloomberg.com/
Souchard, Pierre-Antoine, "Total's CEO Quizzed in Iran Probe," The Associated Press via Yahoo News, March 21, 2007
http://in.us.biz.yahoo.com/ap/070321/france_total.html?.v=1
[37] Essar Oil Website http://www.essar.com/oil&gas/news/may04_2004.htm
"Essar, Iran in Talks to Develop Azadegan," The Tehran Times via www.gulfoilandgas.com, March 16, 2007 http://www.gulfoilandgas.com/
[38] Jones, Sally "Iran and China's CNOOC Sign $16 Billion Gas Deal," Dow Jones Newswires via www.rigzone.com December 20, 2006 http://www.rigzone.com/news/article.asp?a_id=39363
"Iran, China in Talks Over North Pars Gas Field," www.gulfoilandgas.com, January 11, 2006 http://www.gulfoilandgas.com/
[39] Goodman, Peter, "China Rushes toward Oil Pact with Iran," The Washington Post, February 18, 2006 http://www.washingtonpost.com/
"China's Sinopec signs a deal to develop oil block in Iran – report," AFX via Forbes, June 20,
Twenty Four Most-Active Iranian International Business Partners
Hundreds of companies do business with Iran with American investment dollars and, based upon publicly available information, the following are among the most active of the Tehran regime’s international business partners:
Alcatel SA: French telecommunications giant Alcatel, has signed numerous multi-million dollar contracts deals with Iran as well as Sudan over the past five years. Alcatel supplies Iran with most of its telecommunications facilities, high-speed Internet service and communication devices and infrastructure for offshore oil and gas platforms. [16]
Bow Valley Energy Ltd.: Canada’s Bow Valley Energy holds 15 percent of a $300 million deal with Iran to develop the Balal field off the Persian Gulf since 1999. [17]
BNP Paribas: BNP Paribas is the only French bank to have remained in Iran after the 1979 Islamic Revolution. BNP Paribas mainly focuses on trade finance with Iran’s oil and gas industry which is controlled by the regime’s clerical elite and feared Revolutionary Guards Corp. [18]
China National Petroleum Corp.: China National Petroleum Corp (CNPC) has announced it will invest $3.6 billion dollars to develop Block 14 of Iran’s South Pars gas field this year. CNPC is currently negotiating a $16 billion deal with Iran to develop its North Pars gas field and build liquefied natural gas infrastructures. [19]
ENI Spa: Italy’s biggest energy company, Eni Spa has numerous oil and gas contracts with Iran. In 2001, Eni Spa signed a $900 million contract to develop Iran’s’ southwest Dharkovin oil field. The company holds large stakes in multiple Iranian energy projects including a South Pars contract valued at almost $4 billion. [20]
Gazprom: Russian energy giant Gazprom has been heavily involved in developing the South Pars gas field, estimated to contain 7 percent of the world’ reserves, since 1997. In 2006 Gazprom announced it would consider setting up joint oil and gas projects with Iran’s state energy companies. [21]
Hyundai: South Korea’s Hyundai supports Iran by supplying it with energy-related construction and development help, manufacturing components and ship maintenance. Among its other mega-deals with Iran, Hyundai recently signed a $1 billion contract along with Daewoo to build oil tankers for the regime. [22]
INPEX: The Japanese market accounts for 22 percent of Iran’s oil exports which account for 85 percent of Japan’s total oil imports. The Tokyo-based INPEX, which is part-owned by the Japanese government, has billions of dollars invested in many Iranian oil projects including the Soroosh, Nowrooz and Azadegan oil fields. [23]
LG Engineering and Construction Co.: In 2002, South Korea’s LG Engineering and Construction Co. signed a $1.6 billion deal for a gas processing plant project in the South Pars gas fields. The company has a 45.3 stake in the deal that allows it to claim $700 million of the total project cost. [24]
Lukoil: Russia’s Lukoil collaborates with the National Iranian Oil Company on various exploration projects. Lukoil holds large stakes in oil projects in Anaran, Moghan, Western Changuleh and other areas in Iran. In 2000, Lukoil acquired Getty Petroleum Marketing Inc. and has gas stations across the United States. [25]
Norsk Hydro: Norsk Hydro is Norway’s second largest energy company and is partially owned by the Norwegian government. Norsk Hydro has massive investments in Iranian oil projects including a $107 million contract signed with Iran last year. [26]
OMV: Austria's OMV is central Europe's leading energy company. It has several oil exploration investments in Iran’s Mehr block. In addition, OMV is the driving force behind the Nabucco pipeline project which will transport gas from Iran's Caspian Sea directly to Europe when completed in 2011. The other companies involved in the project are: Botas (Turkey), Bulgargaz (Bulgaria), MOL (Hungary) and Transgaz (Romania). [27]
ONGC: India’s Oil and Natural gas Company (ONGC) signed a $40 billion deal with Iran in 2005 to import millions of tons of liquid gas. ONGC is involved in many lucrative exploration projects in Iran and is on the verge of signing a deal in the South Pars oilfields valued at over $100 million. [28]
Petrobras: The Brazilian government control 60 percent of the Rio de Janeiro-based Petrobras Oil Company and has a final say in its investment decisions. Petrobras intends to sign a $ 470 million contract with Iran in mid-2007. Earlier contracts with Iran included a 2004 deal worth $34 million to drill in the Caspian Sea. [29]
Petronas: Malaysia’s Petronas enjoys lucrative business with Iran. Among other deals Petronas signed a $2 billion contract, along with Total and Gazprom, to develop Iran’s South Pars gas fields. [30]
Royal Dutch Shell: In 1999, The Dutch-British energy giant, Royal Dutch Shell spent over $800 to develop two Iranian offshore oil fields. Royal Dutch Shell together with Spain’s Repsol recently signed an agreement that could result in a $10 billion contract to develop sections 13 and 14 of Iran’s South Pars gas field. [31]
Siemens AG: Siemens AG helped build Iran’s nuclear reactor in Bushehr but officially stopped working on the site after the 1979 Islamic Revolution. Siemens AG is currently active in Iranian telecommunications, high-tech, automotive and power industries. Siemens also trades with other rogue states including Sudan and Syria. [32]
Statoil ASA: Norway's biggest oil and gas company Statoil ASA has multiple high profile investments in Iran. Most of its efforts are concentrated in the South Pars gas field where it holds high percentages in various exploration and development projects. Norway prosecuted Statoil in 2004 when the company was convicted on corruption charges for trying to sway Iranian officials, including former President Hashemi Rafsanjani’s son, in a $15.2 million deal in 2002. [33]
Stolt-Nielsen SA: UK-based Stolt-Nielsen SA is one of the world’s top liquid transporters, the company does business with Iran through its subsidiary Stolt-Offshore. The US Treasury began investigating the company in 2002 for trading with Iran and falsifying documents. In 2006 Stolt-Nielsen was indicted for price fixing and rigging bids. [34]
Technip Coflexip: French based Technip Coflexip builds much of Iran’s petrochemical engineering plants and provides other technical infrastructure related to the regime’s oil and gas industry. Among its many lucrative deals with Iran, Technip Coflexip built a massive ‘steam cracker’ petrochemical plant in the Persian Gulf for $186 million. [35]
Total SA: The giant French energy company Total SA has been active in Iran since 1995. Total has multiple oil exploration and development contracts with the regime including a 2006 deal valued at $1.6 billion. Total’s CEO Christophe de Margerie and two of the company’s chief executives are currently under investigation by the French authorities over corruption allegations linked to a 1997 gas project in Iran and the Iraqi oil-for-food program. [36]
In addition, the following companies are reportedly in the process of negotiating deals with Iran:
Essar Oil: India’s Essar Oil reached a deal with Iran in 2006 for oil and gas exploration and production as well as contracts to build the regime steel plants, power plants, and an oil refinery. The deal, worth billions of dollars, is still waiting approval as both sides continue to negotiate. [37]
China National Offshore Oil Corp: China National Offshore Oil Corp (CNOOC) signed a memorandum of understanding with Iran in 2006 to develop the Northern Pars gas field and build liquefied natural gas installations. The two sides are expected to sign the $16 billion deal by the end of 2007. [38]
China Petroleum & Chemical Corp: In 2004, China Petroleum & Chemical Corp (Sinopec) won a bid to buy 10 million metric tons of liquefied natural gas every year for 25 years, but the contract hasn’t been signed yet. The deal is estimated to be worth about $100 million when approved. In 2006, Sinopec signed a memorandum of understanding with Iran to develop the
Garmsar block. The deal, that has so far not been implemented, is valued between $20-38 million. [39]
Footnotes
[16] Cornwell, Susan and Pelofsky, Jeremy, "Senators cast wary eye on Lucent-Alcatel deal," The Boston Globe, April 4, 2006
http://www.boston.com/
Alcatel SA website http://www1.alcatel-lucent.com/
[17] "Calgary Oil company may face US sanctions," CBC News, April 5, 1999 http://www.cbc.ca/money/
[18] "Iran Lures BNP, HSBC for Loans; U.S. Banks Barred," Bloomberg, December 23, 2004, http://www.bloomberg.com/
[19] "US Cautions China over reported multibillion gas deal with Iran," International Herald Tribune, January 9, 2007 http://www.iht.com/
"China's CNPC Close to MoU on $3.6B Iran LNG project," www.gulfoilandgas.com, January 12, 2007
[20] "Italian oil deal with Iran," The New York Times, July 1, 2001 http://query.nytimes.com/
"Iran signs major gulf gas deal," BBC, July 27, 2000 http://news.bbc.co.uk/1/hi/world/middle_east/854663.stm
[21] Gazprom website http://www.gazprom.com/eng/articles/article8523.shtml
"Gazprom, Iran mull joint oil and gas projects," RIA Novosti, June 26, 2006 http://en.rian.ru/russia/20060626/50015959.html
[22] "Hyundai, Daewoo to share $1 billion Iran Tanker order," Bloomberg, May 9, 2005 http://www.bloomberg.com/
"Hyundai motor says wins $227 million Iran car order," Reuters, September 3, 2006 http://today.reuters.com/news/
[23] INPEX Website http://www.inpex.co.jp/
Linzer, Dafna and Faiola, Anthony, "Japan wary of plan for sanctions against Iran," The Washington Post, June 13, 2006, http://www.washingtonpost.com/
[24] "$1.6bln gas deal," Pravda, September 16, 2002, http://newsfromrussia.com/comp/2002/09/16/36679.html
[25] "Lukoil and Hydro Confirm Oil Discovery in Western Iran," www.OilVoice.com, May 17, 2005, http://www.oilvoice.com/
"Lukoil seeks to join Iran in Caspian oilfields," Reuters via Yahoo News, October 23, 2005, http://sg.biz.yahoo.com/061023/3/448u9.html
Getty Petrolium Website http://www.getty.com/LUKOILRebrand.html
[26] "Iran Signs $107M E&D Oil Contract with Norwegian Oil Co," www.gulfoilandgas.com, September 18, 2006
Norsk Hydro Website http://www.hydro.com/
[27] "OMV in Iran: Memorandum of understanding on increased co-operation," www.gulfoilandgas.com , January, 27, 2004
Nabucco Website http://www.nabucco-pipeline.com/
[28] ONGC Website
http://www.ongcvidesh.com/op_iran.asp
"India and Iran in gas export deal, BBC, January 7, 2005 http://news.bbc.co.uk/2/hi/business/4155597.stm
[29] Radowitz, Bernd, "Petrobras to Invest $470M in Iran's Caspian Sea," Dow Jones Newswires via www.rigzone.com, March 6, 2007 http://www.rigzone.com/news/article.asp?a_id=42182
Daraghi, Borzou, "Middle East: Iran: Petrobras to drill In Caspian," The New York Times, July 7, 2004 http://query.nytimes.com/
[30] "Iran forms joint LNG firm with Total and Petronas," Reuters via Forbes, February 25, 2004 http://www.forbes.com/
Richardson, Michael, "Malaysia's State Oil Company Is Going Global: Petronas Expands Its Reach," International Herald Tribune, August 22, 1996 http://www.iht.com/articles/1996/08/22/kloil.t.php
[31] Bohlen, Celestine, "Shell, Repsol, Total, Defy U.S. to Seek Iran Deals," Bloomberg, February 23, 2007 http://www.bloomberg.com/
"Shell secures Iranian oil deal," BBC, November 14, 1999, http://news.bbc.co.uk/1/hi/business/the_economy/519688.stm
[32] Heath, Michael and Meyer Henry, "Russia Denies Ultimatum to Iran over Nuclear Fuel," Bloomberg, March 20, 2007 http://www.bloomberg.com/
"Iran signs 450 million dollar deal with Germany’s Siemens," Islamic Republic News Agency, November 14, 2006 http://www.irna.com/
Siemens AG website http://www.siemens.ir/en/Siemens%20in%20Iran.html
[33] "US resolves probe against oil company that bribed Iranian official," US Department of Justice, October 3, 2006 http://66.102.9.104/
Timmons, Heather, "Norway: oil contract investigation," The New York Times, September 13, 2003 http://query.nytimes.com/
[34] "Treasury department probes shipping company," The Associated Press via Fox News, November 22, 2002 http://www.foxnews.com/story/0,2933,71232,00.html
"Stolt-Nielsen indicted for tanker shipping price fixing," The Associated Press via International Herald Tribune, September 6, 2006 http://www.iht.com/
[35] Gertz, Bill, "French firm probed in move of pumps to Iran," The Washington Times, http://www.washtimes.com/
"NPC to build world's largest steam cracker in Iran," www.gasandoil.com , October 15, 2002 http://www.gasandoil.com/GOC/company/cnm24280.htm
[36] Sethuraman, Dinakar, "Iran May Extend Investment Deadline for Total in LNG Project," Bloomberg, April 9, 2007 http://quote.bloomberg.com/
Souchard, Pierre-Antoine, "Total's CEO Quizzed in Iran Probe," The Associated Press via Yahoo News, March 21, 2007
http://in.us.biz.yahoo.com/ap/070321/france_total.html?.v=1
[37] Essar Oil Website http://www.essar.com/oil&gas/news/may04_2004.htm
"Essar, Iran in Talks to Develop Azadegan," The Tehran Times via www.gulfoilandgas.com, March 16, 2007 http://www.gulfoilandgas.com/
[38] Jones, Sally "Iran and China's CNOOC Sign $16 Billion Gas Deal," Dow Jones Newswires via www.rigzone.com December 20, 2006 http://www.rigzone.com/news/article.asp?a_id=39363
"Iran, China in Talks Over North Pars Gas Field," www.gulfoilandgas.com, January 11, 2006 http://www.gulfoilandgas.com/
[39] Goodman, Peter, "China Rushes toward Oil Pact with Iran," The Washington Post, February 18, 2006 http://www.washingtonpost.com/
"China's Sinopec signs a deal to develop oil block in Iran – report," AFX via Forbes, June 20,
Subscribe to:
Posts (Atom)