To: Ernest_at_the_Beach
From the first reference:
"Many Iranian oil export terminals were damaged during the Iran-Iraq War, but all have been rebuilt. Iran operates OPECs largest oil tanker fleet, comprising roughly 29 ships, including Very Large Crude Carriers (VLCCs). The fleet is run by the National Iranian Tanker Company, which is a subsidiary of NIOC."
Earlier in same article, NIOC is mentioned as being a Swiss owned trading firm.
To: Marine_Uncle
Check that again. It said:
with swaps handled by Naftiran Intertrade Co. (Nico), the Swiss-based trading arm of NIOC Nico is a a Swiss-based portion of NIOC. It does not say NIOC is a Swiss owned firm.
59 posted on
06/27/2007 1:59:43 PM PDT by
thackney
(life is fragile, handle with prayer)
To: Marine_Uncle
Thanks,...I missed that...thought it was Iranian owned...
Out of here for the afternoon...
60 posted on
06/27/2007 1:59:55 PM PDT by
Ernest_at_the_Beach
(The DemonicRATS believe ....that the best decisions are always made after the fact.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson