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In the Name of God بسم الله

Tension Between Iran And Iraq Over Oil Production

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  • Advanced Member

http://www.tehrantimes.com/economy-and-business/111875-iran-criticizes-iraqs-move-to-fill-vacuum-in-oil-market-caused-by-sanctions-

 

 

Iran criticises Iraq over filling the vacuum  left in the oil market by the Western sanctions on Iran.

 

The increase of oil production by Iraq has made international markets not very affected by the sanctions on Iran.

 

This role was played previously by Saudi Arabia and other producers. Iran has called the action "unfriendly". The oil fields increased production are the oil fields south of Iraq, not those in Kurdistan.

 

 

Should Iraq lower its production? The increased in oil revenue did not really help Iraq it mostly went to the pockets of corrupt officials. 

 

Thoughts?

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  • Advanced Member

(salam)

I said it before and I'll say it again. Iran's isolation gives it the oppertunity to develop it's own internal self supporting energy system. Which than can be exported. The way to destroy those multi-national parasites is by taking their toys away NOT by competing them, you can't win that way, and those ways are destructive anyway. Iran has the golden oppertunity to develop cars that can drive with water as fuel, and by solar panels and wind mills and wave dynamo's it can provide FREE electricity for the whole population. To build nuclaer stations is not the way, simply because it gives poisonious waste products and just look at Japan in Fukushima after two years they still are unable to stop the leaks. Iran would be really at the cutting edge of the world's energy science when they as first country in the world go for 100% clean fuel and energy available for all, also the poor people of the world. That would be a real revolution, when poor people in Africa for example can drive vehicles fueled by clean energy in vehicles made in Iran. Actually you don't need water for fuel, in fact it's a waste of precious water. Cars and trains can drive on gas produced by rotting waste and our sewers are full with that, aren't they? In northern Norway for example there are allready busses and trains driving on waste gas. The only reason it doesn't get used worldwide is because the multi-national oil industry is powerfull enough to put a stop to it (untill the oil fields are depleted ofcourse). And really, waste producing vulatile gas is everywhere, so those international parasites can't make money off it.  But that is the way forward, in honouring God's creation by not exploiting the earth or pollute it, taking the "underdeveloped" countries out off the claws of the multi-nationals and thereby delivering those parasites the death blow.

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^ The sanctions are not harmful because of what Iran can't get from others (which is a kind of de facto protectionism which Iran would have preferred to implement anyway), but rather, what others can't get from Iran. Namely, the bar on oil exports. Iran has had to replace its number #1 source of hard currency and revenue.

 

I think that's why we see, for example, satellite launches have been delayed indefinitely. Iran has been doing budgetary acrobatics for the past two years.

 

China has re-opened its borders to Iranian oil (thanks God), and agreed to unfreeze Iranian assets. So that's good news.

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  • Advanced Member

^ The sanctions are not harmful because of what Iran can't get from others (which is a kind of de facto protectionism which Iran would have preferred to implement anyway), but rather, what others can't get from Iran. Namely, the bar on oil exports. Iran has had to replace its number #1 source of hard currency and revenue.

 

I think that's why we see, for example, satellite launches have been delayed indefinitely. Iran has been doing budgetary acrobatics for the past two years.

 

China has re-opened its borders to Iranian oil (thanks God), and agreed to unfreeze Iranian assets. So that's good news.

 

If the sanctions are not harmful and they are good for Iran then why is opening trade with China is a good thing? 

 

Also what are your thoughts on Iraq  taking Iran's share of oil production and Iran's criticism over it?

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If the sanctions are not harmful and they are good for Iran then why is opening trade with China is a good thing? 

 

Also what are your thoughts on Iraq  taking Iran's share of oil production and Iran's criticism over it?

 

I never said sanctions were not harmful. In fact, I was stating the REASON why it is harmful.

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