Friday, July 16, 2010

Why all the anti-Iran sabre rattling? Here is why:

Iran, Armenia to split oil pipeline cost

YEREVAN, Armenia, July 16 (UPI) -- The Armenian and Iranian governments agreed to split the cost evenly for the construction of a 217-mile oil pipeline, the Armenian oil minister said.

Iran sits on some of the largest oil and gas deposits in the world. Armenia would receive 70,000 barrels of oil through the proposed Shahnazi-Zadeh pipeline.... UPIScienceNews