Turkish minister says Turkey, Iran to sign energy deal
Today's Zaman
27-Oct-2009 (one comment)

Turkey's Energy and Natural Resources Minister Taner Yıldız said that Iran was a country rich of oil and natural resources.

"We are developing a framework agreement according to Iran's model where there is no transfer of property, and we hope we will sign it tomorrow," Yıldız told reporters in Tehran.

Yıldız is actually accompanying Turkish Prime Minister Recep Tayyip Erdogan, who is visiting the Iranian capital.

The Turkish energy minister also said Iranian company and Turkish Petroleum Corporation would make explorations in South Pars basin, and the exploration would begin either in the first or the second week of November.

Dan Huck

Dealing With Others As Equals Mutually Beneficial

by Dan Huck on

It's interesting to compare this apparently open and above board trade arrangement with  "The $4 billion opportunity off the coast of Gaza" posted above.The amounts of natural gas are approximately the same. If the Israelis had made peace, or if they do make peace, will they be jeopardizing getting their hands on the Gazan Golden Egg?