India - China: Relations And Developments-2

[Naresh]

<!--QuoteBegin-Mudy+Jan 10 2007, 10:32 PM-->QUOTE(Mudy @ Jan 10 2007, 10:32 PM)<!--QuoteEBegin--><b>US tells China to reconsider $16b gas deal with Iran</b>

And China will show middle finger to US and will ask US President to say "SORRY".  <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->
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<b>Mudy Ji :</b>

I think that neither the Chinese will show the “Middle Finger” to the USA nor that Bush will have to say “SOLLY”!

Whilst Mani Shankar Ayiar was “mucking” about asking the Iranians to give “Rich Gas” instead of Lean Gas – I believe that the Natural Gas coming our of the Gas Well has certain Gases in addition to Methane which have a much Higher Liquefaction-Freezing Point than Methane. These other gases like Pentanes and other Hydrocarbons are removed and the final LNG - so called Lean Gas liquefied into LNG – is then transported by Ships.

While MSA was doing his Suicidal Dance the Chinese grabbed 10-20 Million Tonnes of LNG per year over a 25 Year Period.

However, it seems likely that the Scheduled Delivery of LNG to the Chinese by the Iranians will be delayed as seemingly the Iranians have not have the Natural Gas Liquefaction Plant ready by 2008-2009.

Now to the present Chinese foray into Iran. This is an entirely new Enterprise and I feel that the Chinese, to humour the USA, will go easy on the project.

IMO the Iranians will not get upset with the Chinese as the Iranians will be defaulting on the LNG delivery.

Thus the USA may claim a Pyrrhic victory.

Cheers <!--emo&:beer--><img src='style_emoticons/<#EMO_DIR#>/cheers.gif' border='0' style='vertical-align:middle' alt='cheers.gif' /><!--endemo-->