Total Completes Iran Oil Project
September 17, 2003
Together with the Italian ENI and Canadas Bow Valley, Total completed a buyback oil project in Iran.
The Balal oil field, which was developed by the companies, was handed to National Iranian Oil Corp. (NIOC).
Under the buyback formula, Total and partners will be remunerated for their work from the proceeds of incremental production over a period of several years.
For Total it is the third buyback project in Iran and the company is interested in keeping a presence in the country. http://www.neftegaz.ru/english/lenta/show.php?id=39908
RANIAN OFFICIAL SAYS U.S. AT WAR WITH ISLAM.
Expediency Council Chairman Ayatollah Ali-Akbar Hashemi-Rafsanjani said in a 16 September speech to seminarians in Mashhad that what he alleges is a U.S. campaign against Iranian nuclear activities is nothing other than a war on Islam, IRNA reported. The United States does not want the Islamic world to be equipped with modern and sophisticated scientific and technological knowledge, he said, and would not oppose Iranian nuclear activities if Iran was not an Islamic state. Hashemi-Rafsanjani said Iran should acquire nuclear technology to keep pace with the rest of the world. Hashemi-Rafsanjani praised the work of Iranian scientists and called on Iranian political parties to maintain unity. BS
Source: RFE/RL NEWSLINE Vol. 7, No. 177, Part III, 17 September 2003
Comment: Rajsanjani is desperate, he thinks that if he can start a conflict that he can control and finally solve, he will get endorsement from the West to stay in charge of Iran and thus use Iran as his private cash cow for his family. The judiciary in Tehran should start a procedure against Rafsanjani jr. using the information obtained from Statoil in Norway.
posted on 09/17/2003 10:09:24 AM PDT
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