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| Iran |
| Iran ups oil output to 4.2 million barrels per day |
| 2003-11-21 |
| Iran has reached a crude oil production level of 4.2 million barrels per day. Iranian Oil Minister Bijan Namdar Zanganeh attributed the oil production increase to the completion of projects that expanded capacity. Zanganeh said Iran had additional oil production capacity and required the money to fund development projects. "Undoubtedly Iran can boost its production to higher levels," the minister said. "The country needs to develop its oil sector to use the revenues for promotion of other sectors." About 75 percent of Iran’s hard currency revenue stems from oil exports. 25% Jihadi hospitality industry? Zanganeh said oil exports play a significant role in the five-year |
| Posted by:Alaska Paul |
| #5 "The country needs to develop its oil sector to use the revenues for promotion of other sectors." Hmmmmmmmmm...like, what??? |
| Posted by: tu3031 2003-11-21 10:34:29 PM |
| #4 It would be impossible to blockade Hormuz without a state of war - declared or otherwise. You would have to be able to passify the Iranian coast. This became much harder when technology upgraded from the Silkworm to mobile Scud lanchers through the ME. |
| Posted by: Super Hose 2003-11-21 7:17:42 PM |
| #3 Its easy to get lots of work done when all the Jihadis are out of town. |
| Posted by: frank martin 2003-11-21 5:41:39 PM |
| #2 dont they export pistachioes or something? |
| Posted by: liberalhawk 2003-11-21 3:56:35 PM |
| #1 They're just trying to fill their coffers before the US/UK blockade of the Straits of Hormuz cuts off their capacity to export. On a somewhat related note, Mansoor Ijaz claimed on Brit Hime's show on Fox News that bin Laden and Zawahiri are in Iran, bulked up a bit, and dressed/bearded like Iranian clerics (i.e., they switched from white turbans to black). He says the info comes from an "unimpeachable" source, and adds that, while Dr. Z is free to roam about the mullahcracy, bin Laden's movements are restricted. He also said that a significant number of the Revolutionary Guards were going to Afghanistan to join Hekmatyar in a winter offensive to drive out the US and recapture the country. |
| Posted by: Tibor 2003-11-21 3:52:06 PM |