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KENYA TO BUY IRANIAN OIL
Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Kenya has agreed to import 4 million tonnes of Iranian crude oil per year, a senior Kenyan energy official said on Monday. Under President Mwai Kibaki, the east African nation has increasingly turned to new economic partners, forging close ties with nations like China and Libya under Muammar Gaddafi's leadership. The shift in foreign policy stance has sometimes caused unease among its traditional western allies. Kenya is a key strategic ally in the U.S. led fight against militant Islam. http://www.businessdaily.../-/15q754j/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Yanks must be seething! Watadu? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Recent articles on the Iranian oil sanctions: Iran tries to dodge sanctions http://www.bbc.co.uk/new...ld-middle-east-18640746
US grants China 6 months oil sanctions reprieve http://www.bbc.co.uk/new...rld-asia-china-18639255
South Korea to halt Iran oil imports amid sanctions http://www.bbc.co.uk/news/business-18589716
And isn't it hilarious that, er... Hillary says China cut their imports from Tehran yet they rose after a payment dispute was solved?! http://www.bbc.co.uk/news/business-18545973
US exempts seven states from sanctions over Iran oil http://www.bbc.co.uk/new...ld-middle-east-18405298
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Iran war my foot! 4 countries have given the Iranian oil ban the middle finger through direct swaps bypassing the SWIFT system. I'm waiting to see how euroland will cope with their imposed Iran oil ban. KE is walking a tight rope trading persian oil. Some pink faced money masters will be pissed. Watch KES for the attack will strike there... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley
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Courting sanctions. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Rank: Elder Joined: 11/7/2007 Posts: 2,182
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fck sanctions, we need oil, a lot of it. LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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This somalia war is taking in too much oil so we need the guaranteed supply from Iran "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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murchr wrote:This somalia war is taking in too much oil so we need the guaranteed supply from Iran Is persia the place we can get guaranteed oil? Why risk sanctions which the KE econ cannot afford? Very senseless move this...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 7/5/2010 Posts: 2,061 Location: Nairobi
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This is hilarious,..I don't believe a word of it. The US can't sanction China. Or Russia. Period.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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How will payment be done? since it has to go through the exchanges in europe or the US.... China does it through barter trade.... are we going to pay cash?
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah wrote:murchr wrote:This somalia war is taking in too much oil so we need the guaranteed supply from Iran Is persia the place we can get guaranteed oil? Why risk sanctions which the KE econ cannot afford? Very senseless move this... hisah, when did you start toeing the line?  GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 3/26/2012 Posts: 1,182
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youcan'tstopusnow wrote:hisah wrote:murchr wrote:This somalia war is taking in too much oil so we need the guaranteed supply from Iran Is persia the place we can get guaranteed oil? Why risk sanctions which the KE econ cannot afford? Very senseless move this... hisah, when did you start toeing the line? I think at the current stage, going by the pink masters is the better option. We are not China, nor Russia. One has to be smart when picking fights. You pick the ones you can win, on this, we might be pounded silly.
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Rank: Elder Joined: 10/1/2009 Posts: 2,436
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So on one hand we are importing Iranian oil, while on the other hand we are arresting 2 Iranian agents who have come to plant a not-so-whinny tiny 15kg of explosives under our backsides, thus we are irking and risking sanctions from US and the West, the same fellas who if God forbid the Iranian bombs were to have gone off, we would have ran to for rescue equipment/medical and investigative aid?  What an effing convoluted thing geopolitics is.
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Rank: Elder Joined: 7/26/2007 Posts: 6,514
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Intelligentsia wrote:So on one hand we are importing Iranian oil, while on the other hand we are arresting 2 Iranian agents who have come to plant a not-so-whinny tiny 15kg of explosives under our backsides, thus we are irking and risking sanctions from US and the West, the same fellas who if God forbid the Iranian bombs were to have gone off, we would have ran to for rescue equipment/medical and investigative aid? What an effing convoluted thing geopolitics is. You see, there must be some deal somewhere benefiting some individual(s) hence this love for Iran. Who cares about Kenya? Not them... Business opportunities are like buses,there's always another one coming
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Intelligentsia wrote:So on one hand we are importing Iranian oil, while on the other hand we are arresting 2 Iranian agents who have come to plant a not-so-whinny tiny 15kg of explosives under our backsides, thus we are irking and risking sanctions from US and the West, the same fellas who if God forbid the Iranian bombs were to have gone off, we would have ran to for rescue equipment/medical and investigative aid? What an effing convoluted thing geopolitics is. Israel says Iran are planning terror attacks in Kenya GOD BLESS YOUR LIFE
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Rank: Member Joined: 3/20/2009 Posts: 348
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Are people jumping the gun here.Kenya has signed an agreement to import oil from iran.it is a multi year contract and it doesnt say when the first shipment will be made.It might just be after the sanctions are lifted.The west cannot stay for long without this iranian oil.if anyone has seen the spike in crude price in the last 3 days they must be crazy not to try get iran to cooperate with the international community
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Kenya cancels Iran oil deal after UN sanctions "We have terminated the MoU because the UN has declared a total trade embargo on Iran, and we are bound by the action," Patrick Nyoike, permanent secretary in the Energy ministry has said. http://www.businessdaily...6/-/tagxc6/-/index.html
GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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youcan'tstopusnow wrote:hisah wrote:murchr wrote:This somalia war is taking in too much oil so we need the guaranteed supply from Iran Is persia the place we can get guaranteed oil? Why risk sanctions which the KE econ cannot afford? Very senseless move this... hisah, when did you start toeing the line? 
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mkeiyd wrote:youcan'tstopusnow wrote:hisah wrote:murchr wrote:This somalia war is taking in too much oil so we need the guaranteed supply from Iran Is persia the place we can get guaranteed oil? Why risk sanctions which the KE econ cannot afford? Very senseless move this... hisah, when did you start toeing the line? I think at the current stage, going by the pink masters is the better option. We are not China, nor Russia. One has to be smart when picking fights. You pick the ones you can win, on this, we might be pounded silly. True.
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KENYA TO BUY IRANIAN OIL
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