24-01-2012, 06:28 PM
Ed Jewett Wrote:BP exempted from US ban on Iran oil
January 24, 2012 by legitgov
ShareThisBP exempted from US ban on Iran oil 23 Jan 2012 BP Plc, UK, and EU have reportedly convinced US lawmakers to exempt a BP-led project from the newly-proposed Washington sanctions on Iran. This is a clear indication that the West is pushing for stricter embargoes on Tehran without harming its own economy. US senators have discussed provisions that could bar companies like BP from working with the National Iranian Oil Company (NIOC), Reuters quoted one congressional aide as saying on Monday. The project, known as Shah Deniz, is a USD20 billion enterprise in the Caspian Sea off Azerbaijan, in which the Iranian state-owned oil company Naftiran Intertrade Co., an NIOC subsidiary, holds a 10% stake.
Cute! Friends in high places and Big Bucks never hurts to get around any law, order or regulation, does it?!
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass