Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. The Saudis know that if the U.S. doesn’t build the nuclear power reactors for them, Russia or China would be happy to do so. In the past Saudi Arabia tried to purchase nuclear reactors for electricity generation, which would have also given it the knowhow, technology, equipment, materials and infrastructure for a potential military program. countries were imposed, followed by Statoil from its 75 percent stake in 2011, after the sanctions were intensified. Lukoil pulled out of its 25 percent stake in the entire Anaran block in 2008/9 after various sanctions by the U.S. and E.U. In June, Iran approved a draft agreement for a 25-year strategic collaboration with China on economic and security-related issues, worth about $600 billion ($17 billion a year). The entire area around the Azar field was peppered with a vast number of mines planted during the 1980-1988 Iran-Iraq war. Apparently Riyadh, under the leadership of Crown Prince Mohammed bin Salman, realized that if it wants to block Iran from developing nuclear weapons, its salvation won’t come from Trump or Netanyahu; and it may be signaling that it has also decided to embark on the nuclear road. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. According to foreign reports, for years Saudi Arabia has been nurturing close ties with Israel in intelligence and technology, and in cybersecurity as well. This is also glaringly evident in Russia’s re-engagement with Syria and recently with Libya as well, and its sale of weapons to Egypt and Saudi Arabia. Located in Mehran at the edge of the Zagros mountains and the other side of the shared reservoir that yields the Badra field on the Iraq side, Azar is poised to begin full Phase 1 production of 65,000 bpd. Jerusalem and Riyadh share a common denominator in their opposition to the Iranian nuclear program, Iran’s aspirations for hegemony in the Middle East (expanding into Yemen, Syria, Iraq and Lebanon) and also in their hostility towards Hezbollah. Originally, Norway’s Statoil started developing the Anaran oil field in 2003 and when oil was found in 2005 (in both Azar and Changuleh) it was joined by Russia’s Lukoil in developing the site. Copyright 1995 - Zarif said that Iran admires the positive results that China has achieved in fighting the epidemic and thanks China for its medical supplies and technical support. One is mental paralysis regarding Iran and Syria; an inability to realize that things can change. This includes not only the major fields in the huge West Karoun cluster – across which China has pledged to increase collective output by at least 500,000 barrels per day (bpd) within the next two years – but also the more challenging fields that nonetheless are rich in oil, especially those that are shared with Iraq. The question is whether it will also build facilities to enrich uranium, and other sites to necessary to enhance the nuclear program. When Netanyahu and Gantz talk about Iran, they dwell on the Iranian-Syrian axis and insist that the international community, especially the United States, should escalate the sanctions against the Islamic Republic. now moving ahead at pace, Iran has a buyer for all of the crude oil it can produce, albeit, , so Tehran is pushing oil field development across the board. Onshore, according to the Iran source, around six to eight percent of fields are experiencing loss of output that can only be restored with EOR techniques, whilst offshore the figure is between 12 to 15 percent, so plugging these gaps is crucial in meeting further net crude production increase targets., the online edition of Haaretz Newspaper in Israel, and analysis from Israel and the Middle East, © Haaretz Daily Newspaper Ltd. All Rights Reserved, Get email notification for articles from Yossi Melman, Mossad and Bibi’s Top Security Advisor Squabbling Over Relations With Arab States, Does Iran Really Want to Build Nuclear Weapons at Any Cost? Overall, China's oil appetite is seen going up considerably. //
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