Sigh....China may side with Iran...
This is a huge deal...
China and Iran are close to setting plans to develop Iran's Yadavaran oil field, according to published reports, in a multibillion-dollar deal that comes as Tehran faces the prospect of sanctions over its nuclear program.
The deal is thought potentially to be worth about $100 billion.
According to Caijing, a respected financial magazine, a Chinese government delegation is due to visit Iran as early as March to formally sign an agreement allowing China Petrochemical Corp., also known as Sinopec, to develop Yadavaran.
The Wall Street Journal also reported in Friday's editions that the two sides are trying to conclude the deal in coming weeks before potential sanctions are imposed on Iran for its nuclear ambitions. The report cited unnamed Iranian oil ministry officials familiar with the talks.
posted by GayandRight @ 11:04 AM
2 Comments:
I've said this before and I'll say it again-- I hope Israel has an accurate air-strike target list when Tehran refuses to back down and the UN is neutred as usual. It's too bad we have to rely on the Israelis to do our dirty work for us but thank god someone is willing to do it.
Get used to it bub, the next century belongs to China. The US already owes the salaries of their next two generations to China, and unlike the run down, weaponless third world countries the US is used to trodding on, they wouldn't think twice about retaliating. Better brush up on your mandarin. The good news-China is also opening up on homosexuality, so you'll be welcome there.
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