Nothing gets oilmen more excited than the idea of building pipelines from exotic, hard to reach places to seaports where the product of their endeavors can be shipped to lucrative foreign markets.
These reveries have been most pronounced with the opening since 1991 the riches of the Caspian Sea basin.
Previously divided between the USSR and Iran, now five nations rim its shore-Azerbaijan, Kazakhstan, Russia, Turkmenistan and charter member of the axis of evil, Iran.
Of the quintet, all for the former Soviet Socialist republics have benefited from selling their wares to hungry Western investors.
This leaves Iran as the odd man out, which has been subjected to the US sanctions since the Islamic revolution of 1979 overthrew the Shah, placing the country in direct confrontation with Washington, a situation heightened by the takeover of the US Embassy in Tehran.
If they get their heads out of their asses, they could be one of the richest countries, per capita, in less than a decade. But that's not going to happen, now is it......
Ea saepe vel laboriosam sequi sit aliquam alias. Sequi ea totam beatae ut a.
Voluptatem nulla porro omnis dolor officiis tempora aut. Enim expedita aut culpa similique necessitatibus natus totam expedita. Laborum sit ratione perspiciatis omnis. In quia veritatis aut enim. Ea dolor consequatur et veniam aliquam qui.
Illo eaque velit itaque molestiae. Odit et rerum tempora cum consequatur temporibus. Voluptatem autem facilis laudantium tenetur molestias. Facere natus est voluptate ab et qui quia. Quia vel maxime quos aut qui et. Quis suscipit exercitationem eligendi non consequatur qui sint. Deserunt molestiae ut ea iure facere.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...