What is the news on the Iranian Oil Bourse?

[TheWatcher]

This has been a topic of discussion for quite awhile, and it was supposed to go online this week.

Has anybody heard anything about whether this has occurred or not?

M3 reporting ended yesterday, and that was suppose to happen about the same time that the Bourse went online.

[Tace]

The Iranian Oil Borse Is Delayed For At Least Six Months

I'll see if I can find a link.

[FloridaPat]

14. Just in time to make Iran the October suprise!

[truebrit71]

1. I believe it has been pushed back until June...

...I seem to recall a post with that info in another thread here within the last few days...

[Dunvegan]

2. Any reason given why?

[Javaman]

5. So moron* won't drop bombs on them. nt

[truebrit71]

6. I think that there were some technical issues as related to trading...

..involved in the delay...I could be wrong though.....:shrug:

[RufusEarl]

3. I had not heard that,

the last i heard it was going to happen in March the 28th i believe. Any new info would be appreciated, this IMHO would be Bush's reason to go into Iran. I can only hope Iran stays with the greenback to prevent an invasion by Bush.

[TheWatcher]

4. Indeed

This has been a great topic of concern for many of us. It's one of the principle reasons many suspect Bush really wants to attack Iran, and the concern has been that something would happen before or soon after the Bourse goes online.

I hope we can keep up to date on this, because besides the obvious designs for the Bush Crime Family to invade, it could also have serious consequences for our economy.

[Karenina]

7. Kick!

:kick:

[RufusEarl]

12. I agree completely!

If you don't mind add me to your list, and if you obtain any info on this matter i would like to be notified. Thanks in advance!

[mattclearing]

8. Here's something on that:

http://www.iranian.ws/iran_news/publish/article_14125.shtml

This is the only report on it from Google News, and it's also pretty condemning of "conspiracy theorists," for what it's worth.

[mmonk]

9. and it mentions full spectrum dominance

as something no country is willing to challenge at the moment. That (full spectrum dominance) is not a conspiracy theory.

[mattclearing]

10. No it isn't.

http://www.defenselink.mil/news/Jun2000/n06022000_20006025.html

[liam_laddie]

11. Oil bourse

Over at DailyKos, "Jerome a Paris," who's based in Europe and does
research and financing of energy projects, has several comments
about this topic. Here's a start:

<http://www.dailykos.com/storyonly/2006/2/24/74940/5678>

[Emit]

13. Here's some news about it

http://en.rian.ru/world/20060320/44575239.html

World
Iran denies reports it will open euro oil exchange
19:15 | 20/ 03/ 2006

TEHRAN, March 20 (RIA Novosti) - Iran denied Monday media reports that it was to open a euro-based oil exchange.

"We have no information on opening an oil exchange in the free economic zone on Kish Island ," a spokesman for the Iranian Oil Ministry told RIA Novosti. He said the ministry would have had been informed if the exchange had opened.

The spokesman said the exact date of the oil exchange opening on Kish Island was still unknown. Some media reported Monday that oil would be traded exclusively in the European currency at the Iranian exchange.

Experts said the transition to euro from dollar in payments for oil could cause a default of the U.S. currency. All oil deals are currently made in dollars, allowing Washington to maintain permanent demand for the national currency.

And then there is also this curious article:

http://english.people.com.cn/200603/21/eng20060321_252385.html

March 21, 2006
Qatar to establish Middle East's first international energy bourse

Qatar will establish an international energy bourse, first of its kind in the Middle East region, the Qatar News Agency reported Tuesday.

Gulf Energy, a global consortium of energy consultants and investors, signed Tuesday with the Qatar Financial Center Regulatory Authority (QFCRA) a memorandum of understanding on the establishment of the bourse, said the report. The bourse is expected to be established as part of the Energy City project in Qatar, which is the first project to be carried out by the Gulf Energy.

According to the signed document, the QFCRA will be responsible for preparing the necessary procedures for organizational activities of the bourse, which will be specialized in the energy industry trade.

Qatari Minister of Economy and Commerce Sheikh Mohammed bin Ahmad bin Jassem Al-Thani was quoted as saying that the bourse is considered an important step with the country's plan to become one of the largest liquefied gas exporter by 2010.

Qatar also seeks to be a leading producer and exporter of oil products in order to meet the demands of the energy products and provide financial services that would go in line with the high international standards, the minister added. Gulf Energy said the project would "raise the global stakes of Middle East's energy sector, reshape the dynamics of its oil and gas business and expand its role in the management of resources."