Did Putin just take back a Peak Oilfield from exxonmobil?

[whatelseisnew]

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=338032#338055

From "Chimo" in LBN
"Raising new fears about foreign investor rights, the government on Thursday canceled the results of a 1993 tender for the Sakhalin-3 gas and oil project that was won by a consortium led by the world's largest oil company, ExxonMobil.


The move also seems to fit into the government's latest drive to strengthen control over the country's natural resources.
"As a major foreign investor in Russia, we would be very

disappointed if the decision were taken by the government to re-tender Sakhalin-3," said Glenn Waller, vice president of ExxonMobil Russia. "It would be a violation of our rights and would send a negative signal to foreign investors."


http://www.moscowtimes.ru/stories/2004/01/30/001.html
Oh for an Adam Smith ideal market!
Lots of supply etc...
Oops... supply is not there! "

[brainshrub]

1. Putin knows that the effects of Peak Oil are starting,

he needs to make sure that the oil that is left stays firmly in Russian control for the pending crisis.

http://story.news.yahoo.com/news?tmpl=story&u=/dowjones/20040126/bs_dowjones/200401261328001093

[GreyV]

2. Putin is playing all sides for his own...

Putin is playing all sides for his own ultra-nationalistic purposes ....well at least trying to. Make no mistake, Putin is not a good guy by any means. Has everyone forgotten Chechnya?

[whatelseisnew]

3. thanks

good story at your link

[kalian]

4. Putin is just plain pragmatic....

He sees what dubya and his cronies are doing and he's just making the
counter-moves. This whole "war on terror" is just another phase of
the so-called "Big Game" but unfortunately, this has world war
implications.
What Putin did in Chechnya...? Who cares? Seriously....after what the
US did (is doing) with Iraq... :eyes:

[DUreader]

5. Well then there is the possibility that Poppy and Putin cut a deal

Daddy Dub* was recently at a bigOil/carlyle Russia meetup, I think Soros was there too.

Something went down , maybe a trade for the Georgian oil/gas,

Baker was there.

In that kind of context, what Putin IS STILL Doing in Chechenya could

just be another part of the trade.

Notice that the US mostly stopped commenting on that Human Rights Catastrophe.

[Loonman]

6. Putin is sharp

Sharp as a tack.

[DUreader]

7. Power Struggle Over Oil, latest Janes.com Extract

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=104&topic_id=1068790


Power Struggle Over Oil, latest Janes.com Extract




http://www.janes.com/regional_news/europe/news/fr/fr040129_1_n.shtml




Oil refineries in western Europe have suffered a severe shortage of oil because Russian exports through the
Bosphorus Strait have been drastically reduced in recent days. Turkish authorities say they have cut back
traffic through the narrow waterway from the Black Sea to the Mediterranean because of bad weather and
enforcement of strict regulations governing oil traffic. Really? Foreign Report has another explanation.

The strait is considered to be one of the world's most dangerous waterways when there is bad weather, and
the Turks are paranoid about collisions involving tankers that could cause explosions in the heavily
populated areas around Istanbul. But European oil sources suspect that the slowdown imposed on Russian
oil exports through the strait is part of an effort by the Turkish government to reduce such traffic over time
because it will compete with the US-backed pipeline being laid from the oilfields outside Baku in Azerbaijan,
through Tbilisi, Georgia, to Turkey's loading terminal at Ceyhan on the Mediterranean.


snip, .......more...........

[DUreader]

8. kick