Posted on 05/08/2007 9:29:19 PM PDT by Gengis Khan
I do know this, communism and islamism aren't the solution
Well,here goes:
Iran signs gas deal with Austria’s OMV [30-Billion-Dollar Deal]
http://www.freerepublic.com/focus/f-news/1821539/posts
Iran signs gas deal with Austria’s OMV
The Peninsula/Reuters | Apr. 22, 2006
TEHRAN • Iran signed a major agreement with Austrian energy group OMV yesterday to help develop the country’s vast gas resources and build a plant for liquefied natural gas (LNG), official Iranian media said.
State television described it as Iran’s biggest such contract with Europe, and some Iranian media put its total value at up to $30 billion over 25 years, including the sale of billions of cubic metres of natural gas to the continent.
But OMV made clear the deal was still at an early stage and did not give any figures, suggesting it had so far only signed a non-binding memorandum of understanding.
It comes at a time of escalating tension between the West and Iran over Tehran’s disputed nuclear programme. The United States, which accuses Iran of seeking to build atom bombs, has urged its allies not to invest in the Islamic Republic.
Iran sits atop the world’s second-largest gas reserves after Russia. But politics, sanctions and construction delays have slowed its gas development and analysts say it is unlikely to become a major exporter for a decade.
The huge oil and gas reserves are a strong magnet for international energy companies despite the political risks.
“Officials of Iran’s Oil Ministry and the managing director of the Austrian OMV have signed a gas agreement worth $18bn,” Iranian state radio said. The Oil Ministry’s Shana news agency estimated the long term value at $30bn.
OMV said it had signed a so-called Heads of Agreement – a non-binding document outlining the main issues of a tentative partnership accord-with Iran’s national oil company NIOC.
It concerned participation in the development of an area of the South Pars gas field, an LNG plant and a subscriber agreement for such gas, it said. LNG is gas frozen to liquid for transport in special tankers, avoiding the need for pipelines.
TALKS CONFIDENTIAL
The Austrian firm said Iran could supply LNG for a Croatian regasification plant which OMV is helping to set up and which should start operating in 2011-2012.
It added: “Further talks on this matter are confidential. Concrete results are not expected until the second half of 2007.”
UN sanctions have been imposed on Iran for its refusal to halt enrichment of uranium, but OMV spokesman Thomas Huemer said the agreement with Iran did not violate any international rules.
“We are acting within the framework of Austrian law, European law and the United Nations’ rules,” he said in Vienna.
Iran says its atom work is aimed at generating electricity so that it can export more of its valuable gas and oil.
$600 million <> $3 Billion
$3 Billion is the US aid to Pakistan.
Well yeah it was a Joke. it wasnt intended as malicious
What is your point posting that anyway? Europe are dhimmis so we want to be dhimmis too? Is that it?
World Bank offers to fund Iran-Pakistan-India gas pipeline project
http://www.freerepublic.com/focus/f-news/1827604/posts
Mumbai: The World Bank has expressed its readiness to fund the Iran-Pakistan-India gas pipeline and described the $7 billion project as a `win-win deal’ despite US reservations about the project.
World Bank vice president Praful Patel said although the bank has not been approached by Pakistan to this effect formally or informally, the bank was ready to fund as and when approached.
“IPI gas pipeline project is a win-win project for Pakistan and India besides being good and quite feasible in catering to the energy needs of Pakistan and India,” he said.
If the IPI project materialises, Pakistan would get an annual transit fee from India, which would play a pivotal role in strengthening its economy, Patel said.
He said the bank also supports the Turkmenistan-Afghanistan-Pakistan (TAP) gas pipeline project. “If Pakistan would come to ask for funding for any of the pipelines, the World Bank would seriously consider extending the funding,” he said.
The bank would give a serious consideration to finance these projects if approached, he said.
An Iranian oil official, meanwhile, suggested that Iran would welcome any involvement by the Russian oil giant Gazprom in the project, adding it would speed progress.
Gholam-Hossein Nozari, managing director of the National Iranian Oil Company, did not say whether Iran had been in contact with Gazprom on the issue and failed to provide details on what kind of participation he had in mind.
“Gazprom is a capable and big company and if it enters the peace pipeline, it will help with the progress and speed up the operation,” Iranian news agency ISNA quoted him as saying.
I didnt mean to offend, but we do have a problem with culture. WE are different in many ways.
That said, I would not ignore you
How much taxpayer money does gubmint give to India?
Indian has communists within her government and US has NPT Ayatollahs within her government so it all balances out.
Well you can’t be expected to give as much money to Pakistan as we do, but don’t worry, maybe one day you will.
True that
Along with Burns, the Under Secretary of State for Arms Control and International Security Robert Joseph also testified, saying that unlike India, Iran had signed the NPT and had committed itself to the treaty. "In terms of how Iran relates to Pakistan or India: Pakistan, Israel and India did not sign the NPT. Iran has signed the NPT. Iran has committed not to acquire nuclear weapons and yet it is clearly determined to do exactly that," Joseph remarked in response to a question.
I think Nicholas Burns is doing great work
Some people would rather call Americans ayatollahs while they advocate alliances with the real ayatollahs.
Velcome to dah quicky mart. How con I halp yooo?
Any idea which US Senator sent the letter?
WE arent the ayatollahs L0L
I have to hit the hay
or what ...
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