"the new triangel" : Russia, Iran, China

[donsu]

http://www.atimes.com/atimes/China/GF04Ad07.html


The ties that bind China, Russia and Iran

The military implementation of the George W Bush administration's unilateralist foreign policy is creating monumental changes in the world's geostrategic alliances. The most significant of these changes is the formation of a new triangle comprised of China, Iran and Russia.

Growing ties between Moscow and Beijing in the past 18 months is an important geopolitical event that has gone practically unnoticed. China's premier, Wen Jiabao, visited Russia in September 2004. In October 2004, President Vladimir Putin visited China. During the October meeting, both China and Russia declared that Sino-Russian relations had reached "unparalleled heights". In addition to settling long-standing border issues, Moscow and Beijing agreed to hold joint military exercises in 2005. This marks the first large-scale military exercises between Russia and China since 1958.

-snip-

Beijing and Moscow warm to Tehran.
In March 2004, China's state-owned oil trading company, Zhuhai Zhenrong Corporation, signed a 25-year deal to import 110 million tons of liquefied natural gas (LNG) from Iran. This was followed by a much larger deal between another of China's state-owned oil companies, Sinopec, and Iran, signed in October 2004. This deal, worth about $100 billion, allows China to import a further 250 million tons of LNG from Iran's Yadavaran oilfield over a 25-year period. In addition to LNG, the Yadavaran deal provides China with 150,000 barrels per day of crude oil over the same period.

This huge deal also enlists substantial Chinese investment in Iranian energy exploration, drilling and production as well as in petrochemical and natural gas infrastructure. Total Chinese investment targeted toward Iran's energy sector could exceed a further $100 billion over 25 years. At the end of 2004, China became Iran's top oil export market. Apart from the oil and natural gas delivery contracts, the massive investment being undertaken by China's state-owned oil companies in Iran's energy sector contravenes the US Iran-Libya Sanctions Act. This law penalizes foreign companies for investing more than $20 million in either Libya or Iran.
-snip-
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meanwhile, rummy is maintaining, securing, building bases, bases, bases, bases around the oil and gas fields

while

closing bases in the US.

the oil barons and their militaries are going to rumble

[DemsUnited]

1. This is scary stuff.

Thanks for posting & keep it kicked.

:kick:

[donsu]

2. and this isn't the only "new triangle"

nt

[rockedthevoteinMA]

3. I think we're screwed.

I told family about this alliance that is being built between these three countries this weekend, and they all looked at me like I had three heads. Oh well. I hate being right about this crap.

Edited to add more.

[Doctor_J]

5. They will also bring in India and some of Old Europe

as soon as Canada gets on board, hell's coming to breakfast

[Double T]

4. It is starting to feel a little like Siberia around here...

....left out in the cold. This is real proof that the Bush Administration has failed miserably with Foreign Policy and we will pay the price.

[RUMMYisFROSTED]

6. It's all about Russia.

They've been bouncing between the US and China more than a whore on a pogo stick.

Goldstein.