April 20, 2006

China, Russia, UN, Sudan, Iran & Oil Lust

Oil greases China's new UN direction -- Sudan has significant reserves, while Iran's are enormous Steven Edwards, National Post, April 19, 2006


AT THE UNITED NATIONS - An indication China may become the biggest obstacle to halting Iran's suspected nuclear bomb program comes from a diplomatic standoff over Sudan.

[....] Russia joined China on Monday in opposing Security Council action against the Sudanese officials. Both countries have also said they will oppose any effort to impose sanctions against Iran if Tehran continues to defy a Security Council ruling last month to limit its nuclear program.

[....] Controversy over doing business with Sudan in the southern Greater Nile Oil Project forced Canada's Talisman Energy to sell its 25% stake in 2003. But China not only remained engaged, it turned the African country into its largest overseas oil project, building a partnership that has delivered billions of dollars in oil-equipment investments, oil revenues and weapons.

[....] China recently negotiated a US$100-billion deal to help develop Iran's Yadavaran oil field.
[. . . . ]
And every Westerner who wants to make money in China is helping to suppress any democratic impulses there.

0 Comments:

Post a Comment

<< Home