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21 comments on Turkmenistan learns a lesson
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21 comments on Turkmenistan learns a lesson
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I've been following these stories highlighted above on the gas supply lines through Central Asia/Middle East with great interest since they pooped up at the New Year.
Does anyone else find it difficult to believe that Iran TRULY has the world's second largest nat gas reserves?
1) Iran imports 5% of its gas.
2) Iran claims to possess the world's second largest natural gas reserves, which it has not developed. The "Trade" (markets analysts) believe that claim.
3) Iran is pursuing nuclear technology, they claim those eforts are to make up for a short fall in domestic energy supplies.
One of these things does not go together...
Much of the gas is offshore. Some of it is in fields shared with Qatar.
Obviously, the Iranians are very badly organized. However, all the various sanctions and wars have not helped.
If I were Iranian, I would think twice about investing offshore in the Persian Gulf. Take a look at this alternative look at the recent incident in the Straits of Hormuz and tell me if the MSM is taking us for a ride Legal mist stokes US-Iran tensions in strait
Thanks for that link - it was very interesting!
If you wait 5-10 years how much do you think gas is going to be worth. Here in the UK we are looking at some pretty serious shortages which we will probably have to pay our way out of. Iran can charge top dollar while everyone else is reining in exports for domestic use.