Caspian Sea and oil still interest me

Posted: December 16, 2009 in Iran, Israel, Middle East
Tags: , , , , ,

“Follow the money” is always good advice. Money / power / control… lots to be had in and around the Caspian Sea. It’s not only Middle Eastern nuclear power (weaponry) they’re interested in controlling.

Iran to drill Caspian Sea for oil soon
Tehran Times 8 Dec 2009

According to estimates, the southern part of the Caspian Sea holds at least 32 billion barrels of oil reserves.

http://bit.ly/5OGLzQ

Iran to privatize northern oil exploration rights
Tehran Times 11 Aug 2009

Photo caption: Recently launched Iran-Alborz oil exploration platform in the Caspian Sea.

The Iranian Privatization Organization has been given the rights to privatize 80 percent of the rights to explore oil in the country’s northern sector and the Caspian Sea.

http://bit.ly/8hj1O5

“Privatize,” right.

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