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Podcast episode 15
Geopolitics - Turkey and Iraq: Turkey is selling oil from the Kurds through its Ceyhan port Iraq seeking talks with Turkish government to try and shut that down Iraq wants to sell Kirkuk’s oil to Iran - ISIS: Destroyed Iraqi oil infrastructure Ran its own fairly sophisticated oil industry Targeted airstrikes took out most of ISIS “dark” oil industry - Saudi-Russia oil deal Traditionally Saudi Arabia and Russia have not been allies Saudi Arabia and Russia are on opposing sides in Syria, definitely in Iran But they are close in energy deals – signed big LNG deal and Russian interests hoping to invest in Aramco IPO Russia and Saudi Arabia are supplying most of China’s crude oil - Egypt and Israel History of war “Cold” Peace – not much economic cooperation Egypt just signed a big natural gas deal with Israeli companies to provide Egypt with natural gas Business is leading diplomacy…
Curacao Refinery - Will Chinese firm come in and take over from PDVSA? - Would someone else come in? Curacao wants a company that will make improvements to refinery – potential opportunity for foreign companies? - Would that hurt Maduro? |