Skip to comments.Putin sparks fury amid claims Russia could build a second nuclear reactor in Iran in return for oil
Posted on 02/17/2014 2:31:20 PM PST by Tailgunner Joe
Last month it emerged Iran and Russia were negotiating to swap up to 500,000 barrels of oil per day for goods.
The deal sparked fears that it would undermine Western efforts to maintain economic pressure on Tehran while global powers seek to curb its nuclear programme.
In an interview published a day before the six powers including Russia resume talks with Tehran on a nuclear deal, Sanaei confirmed Russia and Iran were discussing supplies of 'a few hundred thousand barrels per day'.
'Iran could use some of the proceeds (to pay for) the construction by Russia companies of a second unit at the nuclear power plant in Bushehr,' he said.
Russia built the first reactor at Bushehr, Iran's sole nuclear power plant.
Sanaei said it was possible the oil deal, and a broad memorandum on economic cooperation, could be signed before August. Russian Economy Minister Alexei Ulyukayev is to visit Iran in April for talks on trade.
Asked what Russia could supply in exchange for the oil, Sanaei said the sides were discussing a number of possibilities including the construction of small oil refineries, Russian investment in gas fields and supplies of electricity.
In addition to the possibility of Russia building a second reactor at Bushehr, he said Tehran was interested in supplies of heavy trucks or their assembly in Iran, and other items.
'Iran is interested in buying a huge amount of railroad tracks from Russia, as well as Russian involvement in the electrification of its railways. We are also interested in Russian grain.'
Western nations fear an oil-swap deal would badly hurt efforts to forge a permanent agreement ensuring Iran's nuclear programme could not be used to make weapons in exchange for sanctions relief. An interim deal was reached in January.
(Excerpt) Read more at dailymail.co.uk ...
Obama will scare the hell out of them by drawing a line in the sand.All hail Obama!
It is written!!!!
Compared to what we have today, the cold war wasn't all that bad.
Follow the oil, the WTO and IMF.
But wouldn't that make Putin a globalist?
Thanks Tailgunner Joe.