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Mokhtar Al-Bokhari 16USD Billion Oil Deal with Iran

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Post time 27-12-2007 10:38 AM | Show all posts |Read mode
Iran, Malaysia Sign $16 billion Oil Deal
Wednesday, Dec. 26, 2007 By AP/ALI AKBAR DAREINI

Iran and Malaysia signed a $16 billion agreement to develop two Iranian gas fields, state-run television reported Wednesday, describing the deal as the largest energy contract in Iran.

Iran's Pars Oil and Gas Company (POGC) and Malaysia's SKS Ventures signed the multibillion dollar contract to develop Golshan and Ferdows gas fields in southern Iran.

The contract was formally signed by Ali Vakili, director of POGC, and Mokhtar Al-Bokhari, director of SKS Ventures, in the capital Tehran on Wednesday, according to the report.

"This contract worth $16 billion. Some $6 billion is for development of offshore and $10 billion for development of onshore gas fields for a period of 25 years," Vakili told the official IRNA news agency.

Iran's Oil Minister, Gholam Hossein Nozari, said the deal was a vindication of his country's efforts to counter pressures to isolate his nation.

"This is the biggest investment contract in the country's energy sector," the official IRNA news agency quoted Nozari as saying.

The multibillion dollar contract was signed weeks after China's biggest oil refiner, Sinopec, and Iran signed a $2 billion agreement on developing the Yadavaran oil field despite U.S. calls for sanctions over Iran's nuclear program.

China rejected U.S. complaints about the deal. That agreement, coinciding with U.S.-led efforts to pressure Iran with threats of tighter economic sanctions to rein in Tehran's nuclear program, drew a sharp rebuke from Washington.

Nozari said an economic boom in southeastern Asia has sharply increased its need for imported oil and gas and that the contract with Malaysia has to be seen in that light.

The reserves at the Golshan gas field, 65 kilometers from the southern port city of Bushehr, is estimated more than 50 trillion cubic feet of gas and it is expected to produce 2.5 billion cubic feet of natural gas per day.

The Ferdows' gas reserves is estimated at around 10 trillion cubic feet and it would produce more than 880 million cubic feet of gas on a daily basis.

Link : http://www.time.com/time/business/article/0,8599,1698326,00.html
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I have not seen anyone post on the above news yet , so I take the opportunity to post the above.
I think this is the first giant step taking by Mokhtar Al-Bokhari to venture in Petroleum Business.
Congratulation to him.



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Post time 27-12-2007 10:43 AM | Show all posts
Hohoho... Pak Cik kayo...!
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Post time 27-12-2007 10:54 AM | Show all posts
tahniah untuk beliau...
semoga berjaya..insya-Allah.
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Post time 27-12-2007 10:55 AM | Show all posts
US banyak terlepas peluang. Kau nak sanction Iran sangat, orang lain sambar peluang buat bisnes kat Iran. Padan muka US.
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Post time 27-12-2007 10:58 AM | Show all posts
ho ho ho.. aku suka [walaupun bukan aku yg kayo ]

tahniah.. tahniah..
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Post time 27-12-2007 11:03 AM | Show all posts
tahniah Mokhtar Al-Bokhari !
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Post time 27-12-2007 11:03 AM | Show all posts
Originally posted by Kilokahn at 27-12-2007 10:55 AM
US banyak terlepas peluang. Kau nak sanction Iran sangat, orang lain sambar peluang buat bisnes kat Iran. Padan muka US.


US bukan nak sambar peluang buat bisnes, dia nak bolot semua dan takde orang berbisnes dengan dia.....
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Post time 27-12-2007 11:04 AM | Show all posts
SYOKNYER RAYE...
WAKAKAKKA

AKU SUKE TINDAKAN BERANI TU
BUKAN CM DATUK TU
LABURKAN 1.3 JUTA NAK BUAT ALBUM ANAK DIA
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 Author| Post time 27-12-2007 11:06 AM | Show all posts
Originally posted by shernaz at 27-12-2007 11:04 AM
SYOKNYER RAYE...
WAKAKAKKA

AKU SUKE TINDAKAN BERANI TU
BUKAN CM DATUK TU
LABURKAN 1.3 JUTA NAK BUAT ALBUM ANAK DIA


he he he.. dia ingat boleh dapat royalty macam royalty minyak juga kot?..
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Post time 27-12-2007 11:07 AM | Show all posts
Originally posted by naz_1969 at 27-12-2007 11:06 AM


he he he.. dia ingat boleh dapat royalty macam royalty minyak juga kot?..

datuk mana ni?
datuk loyar kat bera tu ke?
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 Author| Post time 27-12-2007 11:09 AM | Show all posts
Originally posted by juwaini at 27-12-2007 11:07 AM

datuk mana ni?
datuk loyar kat bera tu ke?


engkorang ni..ni bukan ruang gossip tawwww...
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Post time 27-12-2007 11:12 AM | Show all posts
Originally posted by naz_1969 at 27-12-2007 11:09 AM


engkorang ni..ni bukan ruang gossip tawwww...

ish, dah selak sikit2, kena la baca sampai habisssssssss......
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Post time 27-12-2007 11:16 AM | Show all posts

Reply #1 naz_1969's post

a very brave move by bokhari!! kudos for his move to go into iran.. all the best in this biz venture into politically-volatile middle-east..

lepas ni mula la US start pressure msian gomen soh drop d deal etcetc.. nanti threaten mcm2 laaaa nanti nih.. bosan lahhh... dirty ol dubya!! :@ :@ :@
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 Author| Post time 27-12-2007 11:21 AM | Show all posts
Malaysia ignores US pressure to sign $16bn gas deal with Iran
By Najmeh Bozorgmehr in Tehran

Published: December 27 2007 02:00 | Last updated: December 27 2007 02:00

Iran has signed a $16bn (
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Post time 27-12-2007 07:28 PM | Show all posts
Originally posted by linb at 26-12-2007 09:16 PM
a very brave move by bokhari!! kudos for his move to go into iran.. all the best in this biz venture into politically-volatile middle-east..

lepas ni mula la US start pressure msian gome ...



US pon ade interest gak ngan msia through one of his giant oil company jv wif petronas. so nk pressure lebey2 pon ta boleh ooo
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Post time 27-12-2007 07:58 PM | Show all posts

hmm...

Syed Mokhtar Al-Bukhary - low profile kat hamba Allah ni tapi among the billionaires, dia ni yg i respect. Humble pie, tak lah craving for media attention sangat but pleasant.
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Post time 27-12-2007 07:59 PM | Show all posts
tahniah!!!!!!!!
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Post time 27-12-2007 08:09 PM | Show all posts
Tahniah Malaysia.Kita masuk pun bukan buta2,ada strategi dan backup.Malaysia biasanya akan masuk tender di negara2 'risiko tinggi'bila ada geng negara2 kuasa besar spt China dan Russia pun dapat sama projek,jadi US badigol tu tak boleh nak bising sangat.Melelehlah airliur US,susah2 kita jv lah sikit dgn kompeni dia,dapat gak dia merasa,pastu senyap lah

Tahniah juga pada Syed Mokhtar,drp orglain dapat makan sorang kenyang sorang2, baik dia dapat,ada gak bahagian utk rakyat marhain tu nanti.
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Post time 27-12-2007 08:53 PM | Show all posts

Reply #14 naz_1969's post

hmm..would the US still be thinking of inavading Iran? As Iran is also strategically colaborating herself economically and  with China and Russia?
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Post time 27-12-2007 10:06 PM | Show all posts
Tahniah Syed Mokhtar.....taknak ajak scomi join venture ka??
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