Skip to comments.Trump Presidency May Jeopardize Iranís New Oil Contracts
Posted on 11/09/2016 8:34:27 AM PST by bananaman22
Just when western oil majors started resuming investments in Irans oil and gas after the lifting of the sanctions, the election victory of Donald Trump who has spoken against the nuclear deal that led to lifting of said sanctions may make international oil companies rethink their enthusiasm in bidding in Irans new oil and gas contract tenders.
Last month, Iran invited international E&P companies to start pre-qualifying for bidding under the new petroleum contract models approved in September.
But in March of this year, Trump said in a speech addressing the American Israel Public Affairs Committee:
My number-one priority is to dismantle the disastrous deal with Iran.
(Excerpt) Read more at oilprice.com ...
So do you feel that this could be a good thing or a bad thing?
I feel it is a good thing. We have plenty of oil.
You mean we might not keep rewarding Iran for calling us Satan and being vociferous about how we need to be wiped out?
Keep the Iran contracts because Trump should bomb the mullahs out of power and the new friendly republic of Iran will need money to rebuild.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.