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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (151980)	11/18/2004 5:19:31 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 281500

Don't forget also that they would like to sell their products (energy) to the Chinese, not to mention the Japanese. After inking a multi-billion dollar deal with Iran, I might imagine that the Chinese would not look kindly on a US invasion there. China: (OCt 2004) China's oil giant Sinopec Group has signed a US$70 billion oil and natural gas agreement with Iran, which is China's biggest energy deal with the No. 2 OPEC producer. Under a memorandum of understanding signed Thursday, Sinopec Group will buy 250 million tons of liquefied natural gas over 30 years from Iran and develop the giant Yadavaran field. chinadaily.com.cn Japan: (Spring 2004) Japan and Iran have signed a basic agreement for a Japanese consortium to develop a major oil field in southwestern Iran, Japanese media reports say. The reports Thursday said the deal grants the consortium full development rights to the Azadegan oil field, which has estimated reserves of about 26 billion barrels and is believed to be one of the largest in the Middle East. cnn.com If Hubberts Peak is anywhere near by, some of these countries are going to be able to pick and choose partners...