Friday, 22 November 2019

Afghanistan eyes boosting transit through Iranian Chabahar Port



According to an IRNA report, Afghanistan Ambassador to Iran, Abdul Ghafoor Liwal said his country plans to increase commodity transit through Iranian Chabahar Port. He made these remarks in a meeting with Abdolrahim Kordi, Chairman, Board of Chabahar Free Trade Industrial Zone Organization.
In the meeting, Liwal said expansion of all-out relations won’t be possible without stronger economic ties and “we are determined for stronger presence of our businessmen and traders in Chabahar Port.” 
“Chabahar is an economic and a transit bridge for Afghanistan and we are going to expand our economic relations through increasing exports and imports through Chabahar,” he said.
According to the official, following the country’s plans for boosting trade in Chabahar, setting up an Afghan bank branch in the port is one of the plans that Afghanistan is pursuing along with other programs to resolve issues like residency and certification problems.
Kordi underlined some of the port’s capacities and investment potentials, saying more than 176 Afghan companies have registered with Chabahar Free Trade Industrial Zone Organization for trade activities in the port, however only 32 of them are currently active.
“Chabahar is a strategic port and Afghan businessmen and traders need to have a greater presence in it and increase their investment,” emphasized Kordi.
If one can recall, in 2016, Iran, India and Afghanistan had decided to jointly establish a trade route for landlocked Central Asian countries. India committed up to US$500 million for the development of Iran’s Chabahar Port along with associated roads and rail lines. India launched a trade route to Afghanistan via Iran through shipping its first consignment of wheat to Afghanistan in late October 2017, bypassing longtime rival Pakistan.


Monday, 18 November 2019

Is Lebanon the next target of US lust for oil?


The protests and political upheavals in Lebanon and apprehensions by United States must be read very carefully. The developments in Lebanon have to be viewed with a different perspective after Lebanese Energy and Water Minister Neda Boustani announced the start of drilling of country’s first oil well in the waters off the coast of Beirut.
The oil well is to be drilled in the Mediterranean 30 kilometers from the Lebanese capital in the north. About a year and a half ago, Lebanon awarded its first offshore gas and oil exploration and production agreements to a consortium of France’s Total, Italy’s Eni and Russia’s Novatek for two blocks out of ten.
Ten oil blocks have been identified in the coastal waters of Lebanon with an area about 18,000 square kilometers.
The Americans, who have shown that the smell of oil drives them to the oil-rich countries, these days, pretend that they are really concerned about the situation in Lebanon and its people. Mike Pompeo, US secretary of state, has recently claimed that Iraqi and Lebanese people want their countries back from Iran.
The expression of concerns by the US over the situation in Lebanon, in the light of Boustani’s announcement, has led various Lebanese groups, especially Hezbollah, to feel the danger very well. Hezbollah Executive Council Deputy Chief Sheikh Ali Da’mush has warned that the US and its allies are seeking to undermine the political system in Lebanon and restructure it in their own favor.
The US wants a government comes to power which would be under its own control and implement Washington’s plans. For example, it wants Lebanon agree to demarcation of borders based on Israel’s wishes, grant projects for oil and gas extractions to US companies, permanently house the displaced Palestinian people, and target the axis of resistance and its missile power.
In addition to the United States, the Zionist regime is also happy with the unrest because Israel has disputes with Lebanon over common borders as well as oil and gas resources. Such an uprising provides the opportunity for Tel Aviv to plunder Lebanese natural resources.
The Zionist regime which is violating the Lebanese land, airspace and territorial waters frequently will take advantage of the protests in the country while Lebanese officials are doing their utmost to improve and calm the situation. Consequently, the officials will not be able to pay attention to regional issues, which is a matter that Hezbollah has repeatedly warned about.
Undoubtedly, one cannot have a positive view of sudden unrest in oil-rich countries in the Middle East under the shadow of US intervention. History has shown that oil-rich countries have always suffered from domestic tensions and crises so that Western powers, that usually lead the riots, can easily plunder their oil resources. 
In any case, it seems that after Syria, the US has specified Lebanon as its next destination for oil robbery, and US officials are expected to make specific comments on the developments in the country in future days.


Sunday, 17 November 2019

Can OPEC opt for production cut?


The Organization of the Petroleum Exporting Countries (OPEC) and its allies face a major challenge in 2020 as demand for crude is expected to fall sharply.
The IEA estimated non-OPEC supply growth would surge to 2.3 million barrels per day (bpd) next year as compared to 1.8 million bpd in 2019, based on production hike in the United States, Brazil, Norway and Guyana.
The hefty supply cushion that is likely to build up during the first half of next year will offer cold comfort to OPEC+ ministers gathering in Vienna at the start of next month.
While US supply rose by 145,000 bpd in October, the IEA said, a slowdown in activity that started earlier this year looks set to continue as companies prioritize capital discipline.
Demand for crude oil from OPEC in 2020 will be 28.9 million bpd, the IEA forecast; one million bpd below the exporter club’s current production.
The recovery by OPEC’s de facto leader Saudi Arabia from attacks on the country’s oil infrastructure contributed 1.4 million bpd to the global oil supply increase in October of 1.5 million bpd.
With plans underway for the Aramco IPO and the persistent need for revenues to fund the government budget, Riyadh has every incentive to keep oil prices supported.
Saudi state oil company Aramco, the world’s most profitable firm, scheduled to start its share sale on 17th November in an IPO that may help in mobilizing between US$20 billion to US$40 billion.
The IEA said that if some or all tariffs were lifted in coming months, world economic growth and oil demand growth would both rise significantly, though the rebound may not be immediate.
Sluggish refinery activity in the first three quarters has caused crude oil demand to fall in 2019 for the first time since 2009, but refining is set to rebound sharply in the fourth quarter and in 2020.


Tuesday, 29 October 2019

Washington looting Syrian oil


Recently released satellite images by the Russian Defense Ministry show tank trucks guarded by US military servicemen and private military companies were busy in smuggling oil from fields in the eastern part of Syria to other countries. It suggests that Washington is looting Syrian oil and transporting it to outside Syrian territories under American military guard. The revenues of the US government from the theft were estimated more than US$30 million per month.
Washington is capturing and holding oil fields under its control in the eastern part of Syria. This is a clear international state-sponsored gangsterism, say Russians. These resources inside the Syrian territories belong to the Syrian Arab Republic. They neither belong to Daesh nor to the American protectors. The cost of one barrel of oil smuggled from Syria estimated at US$38 generates monthly revenue for the private business exceeds US$30 million.
While US President Donald Trump has ordered a partial withdrawal of the approximately 1,000 US troops from Syrian territory, who have been enforcing an illegal military occupation under international law. The US President himself and US officials have admitted that some will be staying in Syrian. They will remain on Syrian soil not to ensure the safety of any group of people, but rather to maintain control over oil and gas fields. Donald said openly, “We want to keep the oil.”
The US military has already killed hundreds of Syrians, and possibly even some Russians, precisely in order to hold on to these Syrian fossil fuel reserves. Washington’s obsession with toppling the Syrian government refuses to die. The US remains committed to preventing Damascus from retaking its own oil, as well as its wheat-producing breadbasket region, in order to starve the government of revenue and prevent it from funding reconstruction efforts.
It is for the first time, Trump has openly confirmed the imperialist ulterior motives behind maintaining a US military presence in Syria. “We want to keep the oil,” Trump confessed in a cabinet meeting on October 21. “Maybe we’ll have one of our big oil companies to go in and do it properly.”
Few days earlier, the president had tweeted, “The US has secured the Oil.” “President Trump is leaning in favor of a new Pentagon plan to keep a small contingent of American troops in eastern Syria, perhaps numbering about 200, to combat the Islamic State and block the advance of Syrian government and Russian forces into the region’s coveted oil fields.
“We secured the oil (in Syria), and therefore a small number of US troops will remain in the area where they have the oil,” Trump said. “And we’re going to be protecting it. And we’ll be deciding what we’re going to do with it in the future.”
“We have troops in towns in northeast Syria that are located next to the oil fields. The troops in those towns are not in the present phase of withdrawal. Our forces will remain in the towns that are located near the oil fields.
Unlike Trump, others offer an excuse to justify the continued US military occupation of Syria’s oil fields. He insisted that American soldiers remain to help the Kurdish-led Syrian Democratic Forces (SDF) hold on to the resources and prevent ISIS jihadists from taking them over.
But any observer who carefully witnessed the press confirmation during his press conference would have been able to detect the real goal behind the prolonged US presence in northeastern Syria. It seems the purpose of those troops, working with the SDF, is to deny access to those oil fields by ISIS and others who may benefit from revenues that could be earned.
It is clear that the US strategy is to prevent Syria’s UN-recognized government and the Syrian majority that lives under its control from retaking their own oil fields and reaping the benefits of their revenue. US military massacred hundreds to keep control of Syrian oil fields. This is not just speculation. CNN made it plain when reported the following in an undeniably blunt passage, citing anonymous US senior military officials:
The oil fields are assets that have also been long sought after by Russia and the Assad regime, which is strapped for cash after years of civil war. Both Moscow and Damascus hope to use oil revenues to help rebuild western Syria and solidify the regime’s hold. CNN acknowledged that the US military had killed up to “hundreds” of Syrian and Russia-backed fighters seeking to gain access to Syria’s oil fields. It massacred these fighters not for humanitarian reasons, but to prevent the Syrian government from using “oil revenues to help rebuild western Syria.”
This shockingly direct admission flew in the face of the popular myth that the US was keeping troops in Syria to protect Kurds from an assault by NATO member Turkey. The CNN report was an apparent reference to the Battle of Khasham, a little known but important episode in the eight-year international proxy war in Syria.
The battle unfolded on February 7, 2018, when the Syrian military and its allies launched an attack to try to retake major oil and gas reserves in Syria’s Deir ez-Zour governorate, which were being occupied by American troops and their Kurdish proxies. The US has aimed to prevent Damascus from retaking profitable territory, starving it of natural resources from fossil fuels to basic foodstuffs.
In 2015, the then President Barack Obama deployed US troops to northeastern Syria on the grounds of helping the Kurdish militia the People’s Protection Units (YPG) fight ISIS. What started as several dozen US special operations forces quickly ballooned into some 2,000 troops, largely stationed in northeastern Syria.
While Trump has pledged to bring US soldiers home and end their military occupation of Syrian territory, it is evident that the broader regime change war continues. A brutal economic war on Damascus is escalating, not only through sanctions but through the theft of Syria’s natural treasures by foreign powers.

Sunday, 27 October 2019

Malaysia likely next victim of trade sanctions by United States


Lately, Malaysian Prime Minister, Mahathir Mohamad has expressed concerns that his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the Sino-US tariff war. While Mahathir did not mention the source of possible sanctions on the Southeast Asian country, he expressed disappointment the way proponents of free trade were now indulging in restrictive trade practices on a grand scale.
“Unfortunately, we are caught in the middle,” said Mahathir referring to the Sino-US trade war. “Economically we are linked to both markets, and physically we are also caught in between for geographical reasons. There are even suggestions that we ourselves would be a target for sanctions,” he added
The US and China were two of the three biggest export destinations for Malaysia between January and August this year. Singapore was the top destination.
To cushion the impact of the collision between the superpowers, Mahathir said Malaysia was collaborating more with its regional neighbors.
Mahathir also complained of being bullied by powerful nations, referring to a campaign by European countries against Malaysia’s agricultural mainstay, palm oil. The edible oil contributed 2.8% of Malaysia’s gross domestic product last year and 4.5% to total exports.
“Having cleared most of their forests and refusing to reduce their noxious emissions, they now try to impoverish the poor by preventing them from clearing their forest for living space and earning a living,” he said.
The European Union passed an act earlier this year to phase out palm oil from renewable fuel by 2030 due to deforestation concerns.
There are also concerns that India, one of the biggest buyers of Malaysian palm oil, would restrict imports of the product due to a diplomatic row over comments made by Mahathir on New Delhi’s recent actions in the disputed South Asian region of Kashmir.
Moreover, countries are reeling under the pain inflicted by a trade war between the most powerful economies; there is international political turmoil; savage conflicts and widespread terrorism are killing millions; and budgets that should be devoted to helping the poor are being used to buy and maintain expensive weapons of war, he said.
“There is something wrong with our way of thinking, with our value system … we still believe that conflict between nations can be resolved with war,” added the Malaysian Prime Minister.
He went on to say that “free trade” means “no protection” for small countries and their small industries, with simple products of the poor subjected to clever barriers that prevent their sale to rich markets. At the same time, globalization, despite its benefits, has imperilled the independence of smaller countries.
Applauding the efforts of the UN to end poverty, protect the environment and bring peace to all countries, Prime Minister Mahathir, underscored the need for reform in the Organization, particularly the Security Council.
“Five countries on the basis of their 70-year-old war victories cannot claim to have a right to hold the world to ransom forever,” he said, underling the need to reform the veto rights in the Security Council.

Saturday, 19 October 2019

Who killed Gaddafi?


I was amazed to read two headlines lately: 1) Declassified e-mails reveal NATO killed Gaddafi to stop Libyan creation of gold- backed currency and 2) Declassified emails reveal Gaddaffi was brutally murdered because France wanted to maintain its financial stranglehold on African Nations. I am inclined to believe that the latest attempt to malign France is aimed at saving Hillary Clinton, the then US Secretary of State.
This also reminded me of one of my blogs written as back as September 2012. Its caption was “Chris Stevens a diplomat or spy” https://shkazmipk.blogspot.com/2012/09/chrisstevens-diplomat-or-spy-killing-of.html.  I wrote this after Killing of Christopher Stevens, US Ambassador in Libya and his portrayal as friend of ‘freedom’ fighters. In the recent past many countries have been alleging that spies have become an integral part of the US diplomatic core.
Reportedly, one of the over 3,000 new Hillary Clinton emails released by the State Department on 2016 New Year’s Eve, contain damning evidence of Western nations using NATO as a tool to topple Libyan leader Muammar al-Gaddafi. The NATO overthrow was not for the protection of the people, but instead it was to thwart Gaddafi’s attempt to create a gold-backed African currency to compete with the Western central banking monopoly.
The April 2011 email, sent to the Secretary of State Hillary by unofficial adviser and longtime Clinton confidante Sidney Blumenthal with the subject line “France’s client and Qaddafi’s gold,” reveals predatory Western intentions.
The emails indicate the French-led NATO military initiative in Libya was also driven by a desire to gain access to a greater share of Libyan oil production, and to undermine a long term plan by Gaddafi to supplant France as the dominant power in the Francophone Africa region.
The email identifies French President Nicholas Sarkozy as leading the attack on Libya with five specific purposes in mind: to obtain Libyan oil, ensure French influence in the region, increase Sarkozy’s reputation domestically, assert French military power, and to prevent Gaddafi’s influence in what is considered “Francophone Africa.”
Most astounding is the lengthy section delineating the huge threat that Gaddafi’s gold and silver reserves, estimated at “143 tons of gold, and a similar amount in silver,” posed to the French franc (CFA) circulating as a prime African currency.
The email makes clear that intelligence sources indicate the impetus behind the French attack on Libya was a calculated move to consolidate greater power, using NATO as a tool for imperialist conquest, not a humanitarian intervention as the public was falsely led to believe.
This gold was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French Franc (CFA).
According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion. French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas Sarkozy’s decision to commit France to the attack on Libya.
The email provides a peek behind the curtain to reveal how foreign policy is often carried out in practice. While reported in the media that the Western backed Libyan military intervention is necessary to save human lives, the real driving factor behind the intervention was shown to be the fact that Gaddafi planned to create a high degree of economic independence with a new pan-African currency, which would lessen French influence and power in the region.
The evidence indicates that when French intelligence became aware of the Libyan initiative to create a currency to compete with the Western central banking system, the decision to subvert the plan through military means began, ultimately including the NATO alliance.


Saturday, 12 October 2019

Who has attacked Iranian oil tanker?


Reportedly, an Iranian oil tanker Sabiti was hit by missiles in Red Sea waters off Saudi Arabia on Friday. The incident is likely to further heighten friction in the region already rattled by attacks on tankers and oil installations since May. Oil prices rose on the news of the incident and industry sources said it could drive up already high shipping costs.
The Red Sea is a major global shipping route for oil and other trade, linking the Indian Ocean with the Mediterranean via the Suez Canal.
It is the latest incident involving oil tankers in the Red Sea and Gulf region, and may ratchet up tensions between Iran and Saudi Arabia, long-time regional adversaries fighting a proxy war in Yemen, at the southern end of the Red Sea.
There was no claim of responsibility for the reported incident and it has yet to be independently confirmed.
The proximity of the tanker at the time of the attack to Saudi Arabia’s Jeddah port gives western media to allege that the missiles could have been launched from the kingdom.
Another plausible theory could be that the ship was hit in an Israeli sabotage operation. The purpose would be to disrupt Iranian tanker activity in the Red Sea corridor as it heads toward the Suez Canal. A third possibility would be that the attack was conducted by a terrorist group.
An Iranian government spokesman has described targeting of an Iranian-owned oil tanker by missiles as a “cowardly attack” and said Iran would respond after the facts had been studied.
“Iran is avoiding haste, carefully examining what has happened and probing facts,” government spokesman Ali Rabei, siad.
Separately, a senior security official said video evidence had provided leads about the incident, adding that the Sabiti was hit by two missiles.
“A special committee has been set up to investigate the attack on Sabiti... with two missiles and its report will soon be submitted to the authorities for decision,” said Ali Shamkhani, secretary of Iran’s top security body.
“Piracy and mischief on international waterways aimed at making commercial shipping insecure will not go unanswered,” he said.
According to Iranian sources, leakage of cargo from the tanker has been stopped as it heads for the Gulf. The tanker is heading for Persian Gulf waters and it was expected to enter Iranian waters safely. Nasrollah Sardashti, head of National Iranian Tanker Company (NITC) that owns the damaged tanker, said the crew was safe and the vessel would reach Iranian waters within 10 days.
Saudi Arabia said it received a distress message from the damaged tanker but the vessel kept moving and switched off its transponder before it could be provide assistance.
The United States has been balaming Iran for attacks on tankers in the Gulf in May and June as well as for strikes on Saudi oil sites in September. Tehran has denied having a role in any of them.
The U.S. Navy’s Fifth Fleet, which operates in the region, said it was aware of the reports but had no further information.
According to western media, at times, Iranian narratives offer diverging accounts. State-run television, citing the national oil company, said the tanker was hit by missiles while denying a report they came from Saudi Arabia.
It also said, Iran’s Foreign Ministry said the ship was hit twice, without saying what struck it. State television broadcast images from the Sabiti’s deck saying they were taken after the attack but showing no visible damage. The ship’s hull was not in view.
Political risk consultancy Eurasia Group said it did not have firm evidence about who may have been behind the incident.