Skip to main content

Home/ Socialism and the End of the American Dream/ Group items tagged oil-field-investments

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Paul Merrell

Venezuela and Russia Reach $14 Billion Oil and Gas Deal | venezuelanalysis.com - 0 views

venezuelanalysis.com/11400

war & peace economic-warfare Russia Venezuela oil-gas-development

shared by Paul Merrell on 30 May 15 - No Cached
  • Venezuelan President Nicolas Maduro concluded an agreement with Russia's state-owned Rosneft that will see an additional $14 billion in investment in the South American country's oil and gas industry over the coming years.    The move was announced by the socialist leader on Wednesday following a meeting he convened between the president of Venezuela's state oil company PDVSA, Eulogio de Pino, and Rosneft president Igor Sechin.    "We had a great meeting and agreed on investment of over $14 billion,” declared Maduro in a television address from Miraflores palace.    The new investment will reportedly go towards further developing Venezuela's Orinoco Belt in the country's northeast, which is home to some of the worlds largest reserves of crude oil and already contains 250 oil fields. PDVSA aims to double Venezuela's oil output to 6 million barrels a day by 2019, four million of which are to come from the Orinoco Belt. 
  • Speaking from the 9th meeting of the High Level Intergovernmental Commission in Moscow, Venezuelan foreign minister Delcy Rodriguez expressed her solidarity with Russia, affirming that both Venezuela and Russia "have become victims of unconventional war".    "We are convinced that we share the same idea about what is occuring on the global level. Just as the Soviets did their best to overcome the Nazis, today Russia is battling with all its strength to navigate a new geopolitical power structure that permits it to reduce the hegemony and expansionism of imperialism."
  • Paul Merrell on 30 May 15
     
    Interesting. Are China, Russia, and Venezuela getting positioned to drive down the price of oil produced by the Gulf Coast States that is only sold for U.S. dollars? China has already invested mightily in Venezuela's oil and gas infrastructure. Note that it's unlikely that Russia and Venezuela could pull off such a move without heavy subsidies from China. (This deal is seemingly against Russia's interests in its revenue from its own gas and oil.) 
Gary Edwards

The obscure legal system that lets corporations sue countries | Claire Provost and Matt... - 0 views

www.theguardian.com/...rtations-sue-states-ttip-icsid

ISDS TTIP Banksters World-Banksters

shared by Gary Edwards on 10 Jun 15 - No Cached
  • Every year on 15 September, thousands of Salvadorans celebrate the date when much of Central America gained independence from Spain. Fireworks are set off and marching bands parade through villages across the country. But, last year, in the town of San Isidro, in Cabañas, the festivities had a markedly different tone. Hundreds had gathered to protest against the mine. Gold mines often use cyanide to separate gold from ore, and widespread concern over already severe water contamination in El Salvador has helped fuel a powerful movement determined to keep the country’s minerals in the ground. In the central square, colourful banners were strung up, calling on OceanaGold to drop its case against the country and leave the area. Many were adorned with the slogan, “No a la mineria, Si a la vida” (No to mining, Yes to life). On the same day, in Washington DC, Parada gathered his notes and shuffled into a suite of nondescript meeting rooms in the World Bank’s J building, across the street from its main headquarters on Pennsylvania Avenue. This is the International Centre for the Settlement of Investment Disputes (ICSID): the primary institution for handling the cases that companies file against sovereign states. (The ICSID is not the sole venue for such cases; there are similar forums in London, Paris, Hong Kong and the Hague, among others.) The date of the hearing was not a coincidence, Parada said. The case has been framed in El Salvador as a test of the country’s sovereignty in the 21st century, and he suggested that it should be heard on Independence Day. “The ultimate question in this case,” he said, “is whether a foreign investor can force a government to change its laws to please the investor as opposed to the investor complying with the laws they find in the country.”
  • Most international investment treaties and free-trade deals grant foreign investors the right to activate this system, known as investor-state dispute settlement (ISDS), if they want to challenge government decisions affecting their investments. In Europe, this system has become a sticking point in negotiations over the controversial Transatlantic Trade and Investment Partnership (TTIP) deal proposed between the European Union and the US, which would massively extend its scope and power and make it harder to challenge in the future. Both France and Germany have said that they want access to investor-state dispute settlement removed from the TTIP treaty currently under discussion. Investors have used this system not only to sue for compensation for alleged expropriation of land and factories, but also over a huge range of government measures, including environmental and social regulations, which they say infringe on their rights. Multinationals have sued to recover money they have already invested, but also for alleged lost profits and “expected future profits”. The number of suits filed against countries at the ICSID is now around 500 – and that figure is growing at an average rate of one case a week. The sums awarded in damages are so vast that investment funds have taken notice: corporations’ claims against states are now seen as assets that can be invested in or used as leverage to secure multimillion-dollar loans. Increasingly, companies are using the threat of a lawsuit at the ICSID to exert pressure on governments not to challenge investors’ actions.
  • “I had absolutely no idea this was coming,” Parada said. Sitting in a glass-walled meeting room in his offices, at the law firm Foley Hoag, he paused, searching for the right word to describe what has happened in his field. “Rogue,” he decided, finally. “I think the investor-state arbitration system was created with good intentions, but in practice it has gone completely rogue.”
  • ...13 more annotations...
  • The quiet village of Moorburg in Germany lies just across the river from Hamburg. Past the 16th-century church and meadows rich with wildflowers, two huge chimneys spew a steady stream of thick, grey smoke into the sky. This is Kraftwerk Moorburg, a new coal-fired power plant – the village’s controversial next-door neighbour. In 2009, it was the subject of a €1.4bn investor-state case filed by Vattenfall, the Swedish energy giant, against the Federal Republic of Germany. It is a prime example of how this powerful international legal system, built to protect foreign investors in developing countries, is now being used to challenge the actions of European governments as well. Since the 1980s, German investors have sued dozens of countries, including Ghana, Ukraine and the Philippines, at the World Bank’s Centre in Washington DC. But with the Vattenfall case, Germany found itself in the dock for the first time. The irony was not lost on those who considered Germany to be the grandfather of investor-state arbitration: it was a group of German businessmen, in the late 1950s, who first conceived of a way to protect their overseas investments as a wave of developing countries gained independence from European colonial powers. Led by Deutsche Bank chairman Hermann Abs, they called their proposal an “international magna carta” for private investors.
  • In the 1960s, the idea was taken up by the World Bank, which said that such a system could help the world’s poorer countries attract foreign capital. “I am convinced,” the World Bank president George Woods said at the time, “that those … who adopt as their national policy a welcome [environment] for international investment – and that means, to mince no words about it, giving foreign investors a fair opportunity to make attractive profits – will achieve their development objectives more rapidly than those who do not.” At the World Bank’s 1964 annual meeting in Tokyo, it approved a resolution to set up a mechanism for handling investor-state cases. The first line of the ICSID Convention’s preamble sets out its goal as “international cooperation for economic development”. There was sharp opposition to this system from its inception, with a bloc of developing countries warning that it would undermine their sovereignty. A group of 21 countries – almost every Latin American country, plus Iraq and the Philippines – voted against the proposal in Tokyo. But the World Bank moved ahead regardless. Andreas Lowenfeld, an American legal academic who was involved in some of these early discussions, later remarked: “I believe this was the first time that a major resolution of the World Bank had been pressed forward with so much opposition.”
  • now governments are discovering, too late, the true price of that confidence. The Kraftwerk Moorburg plant was controversial long before the case was filed. For years, local residents and environmental groups objected to its construction, amid growing concern over climate change and the impact the project would have on the Elbe river. In 2008, Vattenfall was granted a water permit for its Moorburg project, but, in response to local pressure, local authorities imposed strict environmental conditions to limit the utility’s water usage and its impact on fish. Vattenfall sued Hamburg in the local courts. But, as a foreign investor, it was also able to file a case at the ICSID. These environmental measures, it said, were so strict that they constituted a violation of its rights as guaranteed by the Energy Charter Treaty, a multilateral investment agreement signed by more than 50 countries, including Sweden and Germany. It claimed that the environmental conditions placed on its permit were so severe that they made the plant uneconomical and constituted acts of indirect expropriation.
  • With the rapid growth in these treaties – today there are more than 3,000 in force – a specialist industry has developed in advising companies how best to exploit treaties that give investors access to the dispute resolution system, and how to structure their businesses to benefit from the different protections on offer. It is a lucrative sector: legal fees alone average $8m per case, but they have exceeded $30m in some disputes; arbitrators’ fees at start at $3,000 per day, plus expenses.
  • Vattenfall v Germany ended in a settlement in 2011, after the company won its case in the local court and received a new water permit for its Moorburg plant – which significantly lowered the environmental standards that had originally been imposed, according to legal experts, allowing the plant to use more water from the river and weakening measures to protect fish. The European Commission has now stepped in, taking Germany to the EU Court of Justice, saying its authorisation of the Moorburg coal plant violated EU environmental law by not doing more to reduce the risk to protected fish species, including salmon, which pass near the plant while migrating from the North Sea. A year after the Moorburg case closed, Vattenfall filed another claim against Germany, this time over the federal government’s decision to phase out nuclear power. This second suit – for which very little information is available in the public domain, despite reports that the company is seeking €4.7bn from German taxpayers – is still ongoing. Roughly one third of all concluded cases filed at the ICSID are recorded as ending in “settlements”, which – as the Moorburg dispute shows – can be very profitable for investors, though their terms are rarely fully disclosed.
  • “It was a total surprise for us,” the local Green party leader Jens Kerstan laughed, in a meeting at his sunny office in Hamburg last year. “As far as I knew, there were some [treaties] to protect German companies in the [developing] world or in dictatorships, but that a European company can sue Germany, that was totally a surprise to me.”
  • While a tribunal cannot force a country to change its laws, or give a company a permit, the risk of massive damages may in some cases be enough to persuade a government to reconsider its actions. The possibility of arbitration proceedings can be used to encourage states to enter into meaningful settlement negotiations.
  • A small number of countries are now attempting to extricate themselves from the bonds of the investor-state dispute system. One of these is Bolivia, where thousands of people took to the streets of the country’s third-largest city, Cochabamba, in 2000, to protest against a dramatic hike in water rates by a private company owned by Bechtel, the US civil engineering firm. During the demonstrations, the Bolivian government stepped in and terminated the company’s concession. The company then filed a $50m suit against Bolivia at the ICSID. In 2006, following a campaign calling for the case to be thrown out, the company agreed to accept a token payment of less than $1. After this expensive case, Bolivia cancelled the international agreements it had signed with other states giving their investors access to these tribunals. But getting out of this system is not easily done. Most of these international agreements have sunset clauses, under which their provisions remain in force for a further 10 or even 20 years, even if the treaties themselves are cancelled.
  • There are now thousands of international investment agreements and free-trade acts, signed by states, which give foreign companies access to the investor-state dispute system, if they decide to challenge government decisions. Disputes are typically heard by panels of three arbitrators; one selected by each side, and the third agreed upon by both parties. Rulings are made by majority vote, and decisions are final and binding. There is no appeals process – only an annulment option that can be used on very limited grounds. If states do not pay up after the decision, their assets are subject to seizure in almost every country in the world (the company can apply to local courts for an enforcement order).
  • While there is no equivalent of legal aid for states trying to defend themselves against these suits, corporations have access to a growing group of third-party financiers who are willing to fund their cases against states, usually in exchange for a cut of any eventual award.
  • Increasingly, these suits are becoming valuable even before claims are settled. After Rurelec filed suit against Bolivia, it took its case to the market and secured a multimillion-dollar corporate loan, using its dispute with Bolivia as collateral, so that it could expand its business. Over the last 10 years, and particularly since the global financial crisis, a growing number of specialised investment funds have moved to raise money through these cases, treating companies’ multimillion-dollar claims against states as a new “asset class”.
  • El Salvador has already spent more than $12m defending itself against Pacific Rim, but even if it succeeds in beating the company’s $284m claim, it may never recover these costs. For years Salvadoran protest groups have been calling on the World Bank to initiate an open and public review of ICSID. To date, no such study has been carried out. In recent years, a number of ideas have been mooted to reform the international investor-state dispute system – to adopt a “loser pays” approach to costs, for example, or to increase transparency. The solution may lie in creating an appeals system, so that controversial judgments can be revisited.
  • Brazil has never signed up to this system – it has not entered into a single treaty with these investor-state dispute provisions – and yet it has had no trouble attracting foreign investment.
  • Gary Edwards on 10 Jun 15
     
    "Luis Parada's office is just four blocks from the White House, in the heart of K Street, Washington's lobbying row - a stretch of steel and glass buildings once dubbed the "road to riches", when influence-peddling became an American growth industry. Parada, a soft-spoken 55-year-old from El Salvador, is one of a handful of lawyers in the world who specialise in defending sovereign states against lawsuits lodged by multinational corporations. He is the lawyer for the defence in an obscure but increasingly powerful field of international law - where foreign investors can sue governments in a network of tribunals for billions of dollars. Fifteen years ago, Parada's work was a minor niche even within the legal business. But since 2000, hundreds of foreign investors have sued more than half of the world's countries, claiming damages for a wide range of government actions that they say have threatened their profits. In 2006, Ecuador cancelled an oil-exploration contract with Houston-based Occidental Petroleum; in 2012, after Occidental filed a suit before an international investment tribunal, Ecuador was ordered to pay a record $1.8bn - roughly equal to the country's health budget for a year. (Ecuador has logged a request for the decision to be annulled.) Parada's first case was defending Argentina in the late 1990s against the French conglomerate Vivendi, which sued after the Argentine province of Tucuman stepped in to limit the price it charged people for water and wastewater services. Argentina eventually lost, and was ordered to pay the company more than $100m. Now, in his most high-profile case yet, Parada is part of the team defending El Salvador as it tries to fend off a multimillion-dollar suit lodged by a multinational mining company after the tiny Central American country refused to allow it to dig for gold."
Paul Merrell

U.S. Embassy in Ankara Headquarter for ISIS War on Iraq - Hariri Insider | nsnbc intern... - 0 views

nsnbc.me/...sis-war-on-iraq-hariri-insider

war & peace U.S.-foreign-policy ISIL Syria ISIL-Iraq-invasion

shared by Paul Merrell on 23 Feb 15 - No Cached
  • The green light for the use of ISIS brigades to carve up Iraq, widen the Syria conflict into a greater Middle East war and to throw Iran off-balance was given behind closed doors at the Atlantic Council meeting in Turkey, in November 2013, told a source close to Saudi – Lebanese billionaire Saad Hariri, adding that the U.S. Embassy in Ankara is the operation’s headquarter.
  • A “trusted source” close to the Saudi – Lebanese multi-billionaire and former Lebanese P.M. Saad Hariri told on condition of anonymity, that the final green light for the war on Iraq with ISIS or ISIL brigades was given behind closed doors, at the sidelines of the Atlantic Council’s Energy Summit in Istanbul, Turkey, on November 22 – 23, 2013. The Atlantic Council is one of the most influential U.S. think tanks with regard to U.S. and NATO foreign policy and geopolitics.
  • “Had Baghdad been more cooperative about the Syrian oil fields at Deir-Ez-Zor in early 2013 and about autonomy for the North [Iraq’s northern, predominantly Kurdish region] they would possibly not have turned against al-Maliki; Or he would have been given more time”, said the Hariri insider during the almost two-hour-long conversation.
  • ...6 more annotations...
  • In March 2013, U.S. Secretary of State John Kerry demanded that Iraq “stops the arms flow to Syria”, while U.S. weapons were flowing to ISIS via Saudi Arabia into Iraq and Jordan. On Monday, April 22, 2013, 27 of the 28 E.U. foreign ministers agreed to lift the ban on the import of Syrian oil from opposition-held territories to allow the “opposition” to finance part of its campaign. “ISIS that was supposed to control [the region around] Deir Ez-Zor. [Turkish Energy Minister Taner] Yildiz and [Kurdish] Energy Minister Ashti] Hawrami were to make sure the oil could flow via the Kirkuk – Ceyhan [pipeline];… Ankara put al-Maliki under a lot of pressure about the Kurdish autonomy and oil, too much pressure, too early, if you’d ask me”, the source said. He added that the pressure backfired.
  • Previous reports confirmed that Baghdad started intercepting weapons and insurgents along the Saudi – Iraqi border, cutting off important supply lines for ISIS brigades around Deir Ez-Zor, and that Al-Maliki began complaining about a Saudi – Qatari-backed attempt to subvert the Iraqi State since late 2012. Noting my remark he replied: “That is right, but the heavy increase in attacks came in May – June 2013, after al-Maliki ordered the military to al-Anbar “. A previous article in nsnbc explains how Baghdad’s blockade caused problems in Jordan, because many of the transports of weapons, fighters and munitions had to be rerouted via Jordan. The Hariri insider added that the oil fields should have been under ISIS control by August 2013, but that the plan failed for two reasons. The UK withdrew its support for the bombing of Syria. That in turn enabled the Syrian army to dislodge both ISIS and Jabhat al-Nusrah from Deir Ez-Zor in August.
  • “The situation was a disaster because in June Hariri, Yidiz, Hawrami, Scowcroft, and everybody was ready to talk about how to share the oil between the U.S., Turkey and E.U.. The Summit in November should have dealt with a fait accompli”, the Hariri source stressed, adding that Washington put a gun to al-Maliki’s head when he was invited to the White House.
  • “Certain circles in Washington put a hell of a lot of pressure on Obama to put a gun to al-Maliki’s head”, said the Hariri source, adding that “time was running out and Obama was hesitant”. Asked what he meant with “time was running out” and if he could specify who it was that pushed Obama, he said: “Barzani was losing his grip in the North (Kurdish Iraq); the election [in September] was a setback. All plans for distributing Iraqi oil via Turkey and for sidelining Baghdad were set between Kirkuk and Ankara in early November… “Who exactly pressured Obama? I don’t know who delivered the message to Obama. I suspect Kerry had a word. It’s more important from where the message came, Kissinger, Scowcroft, Nuland and the Keagan clan, Stavridis, Petreaus, Riccardione, and the neo-con crowd at the [Atlantic] Council. … As far as I know ´someone` told Obama that he’d better pressure al-Maliki to go along with Kurdish autonomy by November or else. Who exactly ´advised` Obama is not as important as the fact that those people let him know that they would go ahead, with, or without him”.
  • Asked whether he knew details, how the final green light for the ISIS campaign was given, he said: ” Behind closed doors, in the presence of both Scowcroft, Hariri, and a couple of other people”. To my question “if he could be more specific” he replied “I could; I want to stay alive you know; Riccardione was tasked with the operation that day”. Noting that a prominent member of Saudi Arabia’s royal family, Prince Abdul Rachman al-Faisal has been named as the one being “in command” of the ISIS brigades, and if he could either confirm or deny, he nodded, adding that “the Prince” is responsible for financing the operation and for part of the command structure, but that the operations headquarter is the U.S. Embassy in Ankara Turkey. “As far as I know, nothing moves without Ambassador Riccardione”, he added.
  • The green light for the use of ISIS brigades to carve up Iraq, widen the Syria conflict into a greater Middle East war and to throw Iran off-balance was given behind closed doors at the Atlantic Council meeting in Turkey, in November 2013, told a source close to Saudi – Lebanese billionaire Saad Hariri, adding that the U.S. Embassy in Ankara is the operation’s headquarter.
  • Paul Merrell on 23 Feb 15
     
    From June 2014, an important one I forgot to bookmark before. 
Paul Merrell

Russia may accept Chinese control of oil and gas fields | Economy | Worldbulletin News - 0 views

www.worldbulletin.net/...-control-of-oil-and-gas-fields

economy Russia China oil-field-investments

shared by Paul Merrell on 28 Feb 15 - No Cached
  • ussia may consider allowing Chinese investors more than 50 percent stakes in its strategic oil and gas fields, an official said on Friday, an about-face by Moscow that underlines its need for foreign help to develop energy reserves. While closely guarding control of the oil and gas fields that supply the lifeblood of its economy, Russia has forged alliances with some Western companies to obtain the know-how it needs to tap hard-to-reach deposits. But now that Western sanctions over Moscow's role in Ukraine have all but halted that cooperation, Russia has overcome a "psychological barrier" and is ready to deepen its economic ties with China, Deputy Prime MinisterArkady Dvorkovich said. "We have a strategic partnership with China and now decisions are made much faster than before. In particular, we have a gas contract, a second one will be signed soon. Now we know China better: their motives and intentions are understood," he told a conference in the Siberian city of Krasnoyarsk. "There used to be a psychological barrier. Now it doesn't exist any more. We are interested in maximum investments in new industries. China is an obvious investor for us."
Paul Merrell

Chinese delegation offers $250M investment in Egypt | Cairo Post - 0 views

www.thecairopost.com/...ffers-250m-investment-in-egypt

economic-development Egypt China steel-roilling-factory

shared by Paul Merrell on 09 Mar 15 - No Cached
  • CAIRO:  A Chinese delegation from Star Oil & Gas (SOG) holdings along with partners from the International Drilling Material Manufacturing (IDM) company met Sunday with Minister of Petroleum and Mineral Resources Sherif Ismail, offering new projects of $250M to be completely funded by the Chinese government and Chinese banks. A statement released from the ministry added that the delegation discussed a feasibility study of a new steel rolling factory to produce seamless pipes to supply the entire African market, that will be considered as a “development step” in the whole IDM system. SOG’s representative in Egypt Mohamed Al-Gohary stated that this project is going to be “a first” in the Middle East on the field of drilling and oil exploration. He assured that the Chinese trust in Egypt’s economic vision, that was one of the main reasons that encouraged them to prepare the study and discuss it with the government. Li Yang, SOG holdings head, said that the Chinese government considers Egypt as a “key investment country” in Africa.
  • A presidential statement released during that visit stated it would “usher in a new phase of relations between the two countries, as China has expressed an interest in promoting their relationship to the level of ‘strategic partnership’—a level China maintains with only a limited number of countries globally.” During the visit, President Sisi held talks and signed a number of cooperation agreements with his Chinese counterpart President Xi Jinping, on bilateral economic and technical cooperation. In previous presidential statement, spokesperson Alaa Youssef, noted that China is Egypt’s second largest trading partner. The trade between Egypt and China amounted to $10.3 billion in 2013, of which $1.9 billion were Egyptian exports to China and $8.4 billion were imports from China, according to government figures. The history of modern bilateral relations between the two countries dates back to 1956, when Egypt became the first Arab and African country to recognize the communist government of the People’s Republic of China.
Paul Merrell

MoA - Gas From Israel And The Flynn Wiretapping - Behind The Deep-State Infighting Over... - 0 views

www.moonofalabama.org/...g-over-the-trump-election.html

war & peace Russia-Gate Flynn Turkey Israel natural-gas

shared by Paul Merrell on 31 Mar 17 - No Cached
  • What is really behind the deep-state infighting over the U.S. elections and the "wire tapping" of the Trump campaign? Why was the CIA-Neocon axis vehemently lobbying against Trump? What foreign interests and what money is involved in this? Answers to these questions are now emerging. The former director of the CIA under Clinton, James Woolsey, went to the Wall Street Journal and offered some information (likely some true and some false) on the retired General Flynn and the lobbying businesses he was involved in. Woolsey is an arch-neoconservative. He had worked on the transition team of Trump but got fired over "growing tensions over Trump’s vision for intelligence agencies." Flynn is the former National Security Advisor of Trump who later also got fired. Woolsey was a board member of Flynn's former lobbying company FIG. Woolsey claims: In September 2016 he took part in a meeting between Flynn and high level Turkish officials, including the Turkish foreign minister and the energy minister who is the son-in-law of the Turkish president Erdogan. During the meeting, Woolsey claims, a brainstorming took place over how the Turkish cult leader Fethullah Gülen could -probably by illegal means- be removed from the U.S. and handed over to Turkey. Gülen is accused by the Erdogan mafia of initiating a coup attempt against it. The U.S. claims officially that there is no evidence for such an accusation and that Gülen can therefore not be rendered to Turkey. Gülen is an old CIA asset that helped the U.S. deep state to control Turkey.  Erdogan divorced from the Gülen organization after it became useless for his neo-Ottoman project. Here is the WSJ report on the Woolsey claims and a video clip with parts of his WSJ interview. Woolsey also went on CNN where he repeated his WSJ story. Flynn was accused by the anti-Trump campaign to have worked for Russia. He had taken several $10,000 for speeches he gave in Moscow. He also, at times, had argued for better U.S. relations with Russia. But Flynn's pro-Russia stand was probably honest. (Or the bribes involved were just smaller than the ones paid by others.) The money he got on the speaker circus was rather small for a man in his position. Flynn's real corruption was on another issue. After having been fired from the Trump administration, Flynn retroactively filed under the Foreign Agent Registration Act (FARA). His lobbying firm had a contract over $530,000 to work for a company near to the Turkish president Erdogan: In its filing, Mr. Flynn’s firm said its work from August to November “could be construed to have principally benefited the Republic of Turkey.” The filing said his firm’s fee, $530,000, wasn’t paid by the government but by Inovo BV, a Dutch firm owned by a Turkish businessman, Ekim Alptekin.
  • This lobbying, not the alleged Flynn-Putin relation, is the real scandal and part of the Trump/CIA/Clinton deep-state in-fighting. The meeting Woolsey described was under the "Turkish" Flynn contract. The Turkish business man, and owner of Inovo, Ekim Alptekin is a member of the Erdogan gang. But hidden at the very end of the WSJ story is the real key to understand the shady network: Inovo hired Mr. Flynn on behalf of an Israeli company seeking to export natural gas to Turkey, the filing said, and Mr. Alptekin wanted information on the U.S.-Turkey political climate to advise the gas company about its Turkish investments. It was the Israeli gas company, not the Alptekin outlet, that drove the issue. The Leviatan (and Tamar) gas fields in the Mediterranean along the Israeli coast are a huge energy and profit resource IF the gas from them can be exported to Europe. Several companies are involved in the exploration and all are looking for ways to connect the fields to the European gas network. There are (likely true) rumors that huge bribes have been payed in Israel, Jordan and elsewhere to win exploration contracts and to sell the gas. Negotiations between Israel and Turkey over the pipeline have been on and off. They depend on a positive climate towards Israel in the Turkish government which again depends on the often changing political position of the Erdogan gang.
  • The picture evolving here (lots of sleuthing and sources) is this: An Israeli company (or whoever is behind it) wants a gas pipeline to Turkey. It hires Flynn and Alptekin to arrange a positive climate for the Leviathan pipeline within the Turkish government. It offers Flynn more than half a million for a little (4-month long) influence work. His job is to create a "friendly atmosphere" for the deal by using his influence in the U.S. to accommodate Erdogan. A major point that is expected from Flynn is to arrange the handover of Gülen, by whatever means, from the U.S. to Erdogan. After accepting the (lobbying) bribe Flynn-the-whore suddenly changes his former anti-Turkish, pro-Russian, pro-Kurdish political position into a pro-Turkish, neutral-Russian and anti-Kurdish one. (His lobbying firm also makes some smaller payments related to the Clinton email-server scandal. This may be related to links between the Clinton family and the Gülen school empire.) He has a meeting with the Turkish government/Erdogan officials part of which is a discussion of a removal of Gülen to Turkey. He pens a pro Erdogan anti-Gülen op-ed which is published on the day of the election and he denigrates the Pentagon plan to work with the Kurds in Syria. The NSA, CIA and the FBI are listening to Flynn's conversations with Turkish and Israeli interests. (For the old and long history of such "wiretapping" of Turkish and Israeli connections and various dirty and criminal deals they revealed read and ask Sibel Edmonds.) The projects which Flynn is involved in, especially removing Gülen, are against the long term interests of the (neoconservative-driven) CIA. Selected tapes of his talks are transcribed and distributed within the anti-Trump campaign. This is the origin of the "wiretapping" of the Trump Tower the U.S. president lamented about. The stuff the CIA dug up about Flynn's dealing was and is used against Trump. Woolsey is caught up in this as he also worked for Flynn's lobbying firm. (His neocon-pro-Zionist history suggests that he is the senior Israeli watchdog over Flynn in all this.) He is now engaged in damage control and is "coming clean" and selectively leaking his anti-Flynn stuff to exculpate himself. (There is probably also some new, better deal involved that will pay off from him.) The Israeli-Turkish pipeline and the related deep-state fight are not the only issue involved in the campaign against Trump. There are also British interests and British intelligence involvement especially with the accusations against Russia of "hacking" of the DNC. If and how these fit in with above has not yet been revealed.
1 - 6 of 6
Showing 20▼ items per page