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Friday, July 10, 2009

Stop China: Iran's Seyyeds/Theocrats are Chinese puppets.

With EU investment drying up, Iran is relying on China — and its need for Iranian crude — to release new funds. Over the past two years, Iran has turned to Chinese firms to provide the investment to start oil production from new fields in the west of the country. State-owned NIOC awarded two of its largest upstream developments — the 18.3bn bl Yadavaran and 6bn bl North Azadegan fields — to China's Sinopec and CNPC respectively.