Skip to comments.Total, Shell, Statoil, Eni Pull Out of Iran
Posted on 10/02/2010 9:44:30 AM PDT by epithermal
Energy giants Total, Shell, Statoil and Eni have pledged to end their investments in Iran.
The pledges fall in line with tough new energy and financial measures the U.S. Congress imposed on Iran in June, which came atop U.N. Security Council sanctions imposed earlier the same month to curb Iran's nuclear ambitions.
(Excerpt) Read more at rigzone.com ...
This is really bad!!
Think of all the threats they will now make to the Western world!/s
Will China try to jump in?
Should read: China will jump in.
There will be no effective pressure on Iran until we interdict what they sell, now what they buy. These companies will just sell though third parties like everyone else is doing.
They have had 50+ years of oil income, and complete access to the finest western technical universities to train their own engineers.
Yet they remain dependent on the west.
Yep ... it’s that great Civilizing Farce of Islam ...
They're not needed any more.
Iran has nukes for power AND warfare.
Iran thanks all involved for coming over and teaching them everything they know and are now self sufficient.
They will NOT be a post WW2 Japan.