Posted on 11/27/2006 4:28:32 PM PST by Flavius
TEHRAN: Iran and China have moved a step closer to signing an energy deal worth as much as $100 billion, with the Islamic republic saying it had invited China Petrochemical's managing director to Tehran to sign an accord first reached in 2004.
The contract for Sinopec Group, as China Petrochemical is known, to develop the Yadavaran oil field in Iran and secure oil and gas supplies over a 25-year period is complete and ready to be signed, Petroenergy Information Network, the Iranian oil ministry news agency, said Saturday.
(Excerpt) Read more at iht.com ...
In return for this , Iranians will remove the diversion teams from Iraq.
Voila, peace…
Not much point in signing a 25-year pact with a regime that'll be gone in 2....
I have always laughed at those who mention a coming U.S.-China conflict with confidence as if such a showdown would actually occur. But a U.S. invasion of Iran will definitely face elements of Chinese military (special forces?)on the field, as Chinese are most serious about their oil flows, it's one of the few things they would actually be willing to go to arms against the U.S. for. I wouldn't be surprised at all if China will deploy military units to protect its exploration sites in Iran, in addition to the Iranian forces that will surely be on site as well.
Hydrogen is looking better and better. Go, GM!
Israel isn't going to allow the current regime to complete development of nuclear weapons, whatever the military and/or political consequences of a strike. Israel, after all, quite rightly considers allowing Iran to become a nuclear power as tantamount to national suicide, and I doubt if the current Iranian government will last beyond the strike(s) once they've been mounted. The Iranian people will act.
China won't be involved, nor will oil. And really, it has nothing to do with the U.S. either. If the Israelis take out the nuclear facilities - as they must - the current Iranian administration won't survive, although the end for them will be political, not military.
Just my opinion, for what it's worth.
I can't agree with you, oil is ALMOST ALWAYS involved in any conflict in the Middle East. If the Arabs didn't have oil, the whole world wouldn't be kissing their behind and sticking it to Israel. China would very likely be involved in the defense of Iran, for better or worse, for their stake in the exploration acreage is simply too sweet to give up.
Yes, you're right about the oil, but I think you're missing the point I'm attempting to make here. If the Israelis launch a quick airstrike, and it's all over fast, then the Chinese will have nothing much to do - and, if that should happen, then the current Iranian regime wouldn't survive the humiliation and loss of face with their own people, IMO.
But... it's all just speculation.
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