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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 464.70+1.5%Jan 26 4:00 PM EST

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To: Chas. who wrote (55547)9/27/2009 4:36:19 PM
From: elmatador  Read Replies (1) of 219786
 
this summer the Islamic Republic has taught us a lesson in strategic maneuvering, taking major steps to bolster its economy and geopolitical posture by positioning itself as an indispensable energy supplier to hundreds of millions of people.

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Not wasting any time, Iran is now implementing the second tenet of its pipeline strategy. In July, it announced that by the end of 2009 it will be connected with its northern neighbor, Turkmenistan, Central Asia’s largest gas producer, via a pipeline. Turkmenistan’s interest in pumping its gas to Iran stems from its desire to diversify its export market. Two-thirds of Turkmenistan’s gas flow to Russia, and the dependence on one major client allows Moscow to take advantage of its former republic. But why would energy-rich Iran want to import gas from its neighbor? The answer is the Nabucco pipeline.
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