Iran's Insurance Policy
Posted by Big Gav
Energy Bulletin is speculating that Iran's $250 billion gas deal with China might include some military "insurance" to go along with it.
No doubt a Russian oil pipeline via Iran to the Gulf would be an added to policy.
The scale of the Chinese gas deal is amazing - 87 LNG tankers to be built as part of the deal (I think the current north west shelf fleet is a mere 8 tankers by comparison - though that may not include the recent $25 billion deal with China).
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