|
|
Translate:
              Oil, Gas and the New World Order
Thursday, February 21st, 2008 Large Potential Albanian Oil and Gas Discovery Underscores Kosovo’s ImportanceBy Stephen Lendman On January 10, Swiss-based Manas Petroleum Corporation broke the news. Gustavson Associates LLC’s Resource Evaluation identified large prospects of oil and gas reserves in Albania, close to Kosovo. They’re in areas called blocks A, B, C, D and E, encompassing about 780,000 acres along the northwest to southeast “trending (geological) fold belt of northwestern Albania.” Assigned estimates of the find (so far unproved) are up to 2.987 billion barrels of oil and 3.014 trillion cubic feet of natural gas. However, because of their depth, oil deposits may be capped with a layer of gas. If so, Gustavson calculates the potential to be 1.4 billion barrels of light oil and up to 15 trillion cubic feet of natural gas. Further, if only gas is present, the discovery may be as much as 28 trillion cubic feet. In any case, if estimates prove out, it’s a sizable find. In its statement, Gustavson reported: “The probability of success for a wildcat well in a structurally complex area such as this is relatively high (because) it is in a structurally favorable area (and) proven hydrocarbon source and analogous production exists only 20 to 30 kilometers away.” Currently, the Balkans region has small proved oil reserves of about 345 million barrels, of which an estimated 198 million barrels are in Albania. Proved natural gas reserves are much larger at around 2.7 trillion cubic feet. In December 2007, Albania’s Council of Ministers allowed DWM Petroleum, AG, a Manas subsidiary, to assist in the exploration, development and production of Albania’s oil and gas reserves in conjunction with the government’s Agency of Natural Resources. This development further underscores Kosovo’s importance and the cost that’s meant for Serbia. Since the 1999 US-led NATO war, it’s been all downhill for the nation, the region and its people: – Kosovo is part of Serbia; at least it was; since 1999 it’s been a Washington-NATO occupied colony stripped of its sovereignty in violation of international law; – it’s been run by three successive US-installed puppet Prime Ministers with known ties to organized crime and drugs trafficking; – it’s the home of one of America’s largest military bases in the world, Camp Bondsteel; the province/country is more a US military base than a legitimate political entity; – its part of Washington’s regional strategic objective to control and transport Central Asia’s vast oil and gas reserves to selected markets, primarily in the West; – on February 17 during a special parliamentary session, Kosovo unilaterally declared its independence; the action violates international law; Kosovo is as much part of Serbia as Illinois is one of America’s 50 states; to no surprise, Washington and dominant western countries support it; opposed are Serbia, Russia, Spain, Greece, Portugal, Slovakia, Malta, Bulgaria, Romania and Cyprus; – might makes right; the issue is a fait accompli; the February 17 declaration ignores EU division pitting one-third of its 27 members in opposition; and – unilateral western-supported independence mocks the 1999 UN Security Council Resolution 1244; it only permits Kosovo’s self-government as a Serbian province; the resolution recognizes the “sovereignty and territorial integrity of the Federal Republic of Yugoslavia;” only a new UN resolution in compliance with international law can change that legally; nonetheless, it happened anyway on another historic day of infamy when Washington again trashed international law and the rules and norms of civil society. Have Your Say: Oil, Gas and the New World Order Please read our posting guidelines before posting. Alternatively you can discuss this report here. 4 Responses to “Oil, Gas and the New World Order”
Related News
|
Tendency of the general rate of profit to fall Last post by jamiedb @ 05:19 AM Go to Forum
| Latest Topics
FEMA sources confirm coming martial law Last post by jamiedb @ 04:28 AM amero? Last post by Unregistered @ 03:59 AM Progressive Voter Guide to Drug Issues Last post by Nostalgia @ 01:59 AM Oil, soy, copper all go bust in Latin America Last post by Nostalgia @ 12:26 AM Just The Facts Please Last post by sprucejuice @ 11:00 PM Be careful what you vote for because you just might get it Last post by maasanova @ 09:55 PM March On Bank Of England Friday Last post by loki @ 09:02 PM 4,000 'dead people' found on voter rolls in Houston Last post by jamiedb @ 07:58 PM Berlusconi Says Leaders May Close World's Markets Last post by jamiedb @ 07:53 PM  Email This Page To A Friend Latest Headlines
More Breaking News  Archive |
TOP NEWS DISCUSSIONS |
LATEST NEWS DISCUSSIONS |
|
|
Spooks in the classroom Govt. Uses Contractors to Probe Iraq Contractors The establishment that destroyed America's first republic Seven Years After 9/11, Spies Finally Forced to Share |
Christy commented on: Buy Your Poison - Aspartame, Diet Soda, Splenda Who ingests toothpaste? I know I don’t. Continue Reading & Reply Mick Meaney commented on: Spooks in the classroom I’ve removed your misinformation spam links. Please keep things on topic. Cheers. Continue Reading & Reply mark smith commented on: The EU’s control structure, inside and outside Britain Its all connected to the bilderberg and new world order Continue Reading & Reply Mad Boffin commented on: Jon Snow: “Editors sold their souls” to MoD Would you put your valuables in your garden for someone to steel? So, do you suppose the... Continue Reading & Reply |
|
The views expressed in the RINF news wire and newsletter are the sole responsibility of the author (s) and do not necessarily reflect the views of the webmaster. RINF.COM: Breaking News & Alternative Media is Copyleft - Copy & Distribute Freely. News Forum |
Loading ...
Peak Oil - True or False
by Stephen Lendman
A must read.
http://www.iraq-war.ru/article/158487