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Thread: Iran Helps Syria Ship Oil to China.....

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    Iran Helps Syria Ship Oil to China.....

    LONDON (Reuters) - Iran is helping its ally Syria defy Western sanctions by providing a vessel to ship Syrian oil to a state-run company in China, potentially giving the government of President Bashar al-Assad a financial boost worth an estimated $80 million.

    The Syrians planned to sell the oil directly to the Chinese but they could not find a vessel," said an industry source who added that he had been asked to help Sytrol execute the deal but did not take part.

    The source added Sytrol had enlisted contacts in Venezuela to help find a vessel that could pick up the cargo. The problem was ultimately resolved by the Iranian authorities, who sent the tanker M.T. Tour to take on the cargo.

    The Maltese-flagged tanker is owned by shipping firm ISIM Tour Limited, which has been identified by the U.S. Department of Treasury as a front company set up by Iran to evade sanctions.....snip~

    http://news.yahoo.com/exclusive-iran...092722480.html
    Reuters – 8 hrs ago<<<<<More Here.
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    Interesting. Not surprising.

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    Quote Originally Posted by Peter1469 View Post
    Interesting. Not surprising.
    Morning Pete.....I thought we might start seeing some co-operation between Syria and Iran with both being involved with what they are.
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    Iran and Syria have been butt buddies for decades. If Syria's government was replaced with a Sunni government it would be a serious blow to Iran.

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    Yeah that pretty commonly known I would say. Still I didn't consider Iran would have some front-company with Maltese flags to get around those sanctions. I figured they would do buisness with who they usually do, China and Russia. That they would look to their allies is no surprise.
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    Quote Originally Posted by MMC View Post
    Yeah that pretty commonly known I would say. Still I didn't consider Iran would have some front-company with Maltese flags to get around those sanctions. I figured they would do buisness with who they usually do, China and Russia. That they would look to their allies is no surprise.
    We have a unit in the Department of Treasury, I believe, that hunts down these corporations and put them on the black list. They are very good at it.

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    Quote Originally Posted by Peter1469 View Post
    We have a unit in the Department of Treasury, I believe, that hunts down these corporations and put them on the black list. They are very good at it.
    must not be too good, they completely missed all the illegal trade Halliburton and subsidiaries had with Iraq state owned oil companies while Hussein was under sanctions

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    Quote Originally Posted by 2Ts View Post
    must not be too good, they completely missed all the illegal trade Halliburton and subsidiaries had with Iraq state owned oil companies while Hussein was under sanctions
    I honestly don't know if they were around at that time. If they were I would bet that they knew about it. But they can't act if they are told no.

    I captured a bunker in Iraq during Desert Storm full of US chemical 60mm mortar rounds. Probably hand delivered by Cheney.

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