Wednesday, September 17, 2008
US traded Iraqi oil for China's cooperation with Russia! It is paying off! Will China ultimately side with us when war instigated by Bush breaks out
Three weeks ago we talked about the US trading Iraqi oil for China's cooperation with Russia! Let me remind you that Iraq and China signed a $3 billion deal this week to develop a large Iraqi oil field, the first major commercial oil contract here with a foreign company since the 2003 U.S.-led invasion. The 20-year agreement calls for the state-owned China National Petroleum Corp. to begin producing 25,000 barrels of oil a day and gradually increase the output to 125,000 a day, said Asim Jihad, a spokesman for the Iraqi Oil Ministry.
The contract revamps a deal the Chinese company had reached with Saddam Hussein in 1997 to develop the Ahdab oil field in Wasit province, south of Baghdad near the border with Iran. Unlike that deal, which called for China to share in the revenue, the current contract is based on a fixed-fee structure. estern oil companies came close this summer to reaching agreements with the ministry to return to Iraq. Those smaller technical service contracts involved giving advice on how to boost production. The China deal is a service contract, which is more lucrative and involves large-scale development of the field.
Jihad said Iraqi officials hope the deal with China "will refute all the rumors that say the American companies are the only ones benefiting from the American occupation." The contract also requires China to build a major electrical station in the area to help boost Iraq's overworked power grid. Iraq and China Sign $3 Billion Oil Contract
Today we hear that Russia's military success against Georgia is having repercussions that Prime Minister Vladimir Putin and his stand-in president, Dmitri Medvedev, surely do not welcome. Simply put, Putin has alienated China and other countries that share his interest in countering U.S. power. The Asian Development Bank, in which China plays a leading role, has extended a $40 million loan at the lowest possible rate to Georgia. The Shanghai Cooperation Organization - which includes China, Kyrgyzstan, Kazakhstan, Tajikistan, and Uzbekistan as well as Russia - refused to countenance Russia's recognition of two breakaway regions of Georgia. The rebuff of Putin is all the more striking because - at least from Putin's perspective - the central purpose of this group was to form an eastern counterweight to NATO.
China and the Central Asian states may share the Kremlin's resentment of American dominance in the world, but they are not so eager to construct a multipolar world that they will act against their national interests. Beijing has marshaled enormous resources to keep other countries from recognizing Taiwan as an independent country. China's entire propaganda campaign against the Dalai Lama is based on the false claim that he wants to split Tibet off from China. The Chinese leadership has also fiercely repressed any sign of separatism among the Muslim population in the north-western region of Xinjiang. China, in short, opposes all outside interference within its borders and extends the same privilege to other governments, however odious. Asian so called displeasure at Russia
* I personally believe their decision to help Georgia is not due to exttending the same privelage it expects but to arm twisting and buy their cooperation with oil! What the hell does all that tell you? I am happy to say that yes China's alliance may be bought but I now believe they will ally with us as I keep asserting and go against Russia in this just developing Forever war to shape the worlds future. I reiterate * With Both sides so firmly entrenched in redrawing the map in Europe thanks to Bush imposing his will for oil. This is just another small piece in the Forever War Bush has guaranteed for our future. You see what he has done in the middle east for oil causing division and Russia and the US both arming them to the teeth to fight this Bush created future mess and it is coming to a head rapidly and at the perfect time for Bush to take total control of our facade of Democracy to prosecute the lie we are living!
You know, this analyst knows Bush's true goal with purposely allowing our financial and infrastructure collapse and his instigation to war with Russia and his instigation of war with Pakistan is not to close out his Presidency but to create enough chaos to allow him to declare martial Law take control of us and prosecute this new order agenda! Remember Executive order #51 giving Bush total Dictatorial control! This election will be stolen for McPalin or Bush has till January 20th to implement Executive order #51!