Gulf countries to invest $100bn in Gas industry 9, March 2010Posted by thegulfblog.com in Iran, LNG, Qatar.
Tags: Gas investment, Iran gas, Middle east gas, Qatar gas
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MEMRI quotes MENAFN reporting that Gulf countries will be investing up to $100bn in gas technologies in the coming decade. Presumably the majority of this will be in Qatar and Abu Dhabi. Whilst there are relatively sizable fields in Saudi Arabia, their priorities are firmly set on oil. Iran has staggeringly large supplies but simply don’t have the ability to invest as heavily.
Russia: We don’t want Iran to have nukes 9, March 2010Posted by thegulfblog.com in Iran, Russia.
Tags: Iran, Iran nuclear weapons, Russia
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Russia’s Ambassador in Jordan has said that Russia do not want a nuclear Iran. Whilst this is hardly revelatory news, it is quite unusual for this to be made explicit. He also said that Russia would support targeted sanctions but not military ones.