Friday, January 30, 2009

TURKEY, INDIA, ISRAEL, TIP PIPELINES AND IRAN, DEUTSCHE BANK


Below, I highlighted a paragraph from a relatively recent Haaretz article, entitled, "The Story of Iranian Oil and Israeli Pipes."
Following the EXCERPT I will link directly to the Haaretz article from which it came.
You MUST read Haaretz's entire article to understand the background context and then I will follow to current, convoluted, competing economic manipulations and conflicts from which it flows.

The pipeline to which they are/I am referring, above/below, is EAPC, or, Israel's THEN state owned Eilat-Ashkelon Pipeline Company PARTNERED with Iran.

Now, I am aware many of you reading this are fully conscious of the enormous background of Iranian-Israeli cooperation and collaboration, much more extensive than this pipeline.
Amongst others, one need only recall Israel's role in supplying Iran-Contra.
However, new details continue emerging publicly for the first time.

For example, what you MAY not know is Deutsche Bank's major role in financing the EAPC, Israel-Iran pipeline project, below, which is totally comprehensible when one understands that Iran's Shah, Reza Pahlavi and his family, supported Germany's WWII Nazi government and the Nazi Pahlavi dynasty was reinstated in Iran after WWII, courtesy of America's pro-Nazi government, CIA, NSC, Kissinger, Rockefeller, JP Morgan, et.al, and their continuity of what was called the Nazi German General "Reinhard Gehlen's spy network" abroad, extending to the Middle East, Eastern Europe and beyond.
So, the following excerpt about Deutsche Bank, Iran, Israel connections and, then, below it the article:

"...In the end, thanks to his connections, Shinar obtained funding from the German Deutsche Bank, through which some of the reparations money had been transferred to Israel in the 1950s and the 1960s. Shinar and Nafici met in Geneva and Zurich with Hermann Josef Abs, chairman of the board of Deutsche Bank, and discussed the loan conditions with him. Abs had a Nazi past: He was responsible for the bank's foreign operations from 1938, and after World War Two he had been imprisoned for several months. Apparently, however, this did not prevent Israeli representatives from enjoying close, friendly ties with him..."
END OF EXCERPT, FROM...

http://www.haaretz.com/hasen/spages/911655.html

Further, although it is asserted Iran-Israel's direct oil pipeline relationship discontinued after Iran's Fascist Islamic revolution, it has been pointed out that Iranian oil could/can well have continued flowing through third party channels. After all, oil, like money, is a fungible commodity.
For one aspect on this last point, see the following about Marc Rich's role importing oil for Israel:

http://www.jonathanpollard.org/2001/022101.htm

With the above historical reminder, fast forward to current developments.

It is/was proposed BOTH to revive Israel's Eilat-Ashkelon Pipeline, or Trans-Israel Pipeline, TIP, and EXPAND it to include the transit of gas and oil from Turkey to India, circumventing Iran and possibly Russia, as well. This proposal received much commentary. The following REPRINT presents a thumbnail synopsis. Once again, I will provide the direct link below it:

"25.11.2008 Istanbul: Turkey and India plan oil pipeline to the Red Sea
New pipeline(gm) Turkey, India and Israel want to improve the transport of oil from central Asia and the Black Sea region using a common pipeline. For this purpose, they planned to build an undersea pipeline from the Turkish oil port, Ceyhan to the Israeli coastal city Ashkelon, and from there, on to Eilat, on the Israeli coast of the Red Sea, as cited in the Indian media on Tuesday, after the Turkish Energy Minister, Hilmi Güler led discussions in the country. “It is not a simple project […]. Within a month, there should be a meeting between representatives from India, Israel and Turkey”, said Güler. India wants to transport the oil from Eilat further using tankers. After the Turkish reports, both Israel and Russia want to take part in the project. Ceyhan, on the Turkish Mediterranean coast, has been until now, the point where the BTC pipeline, running from Azerbaijan across Georgia, ends. Kazakhstan is, in theory, ready to supply oil, via Russia, on the western markets. In mid-November, representatives from Azerbaijan and Kazakhstan signed a principle agreement over an appropriate transport system during an energy conference in Baku. As a result, oil from Kazakhstan is to be supplied across the Caspian Sea to Azerbaijan, using tankers in order for it then to be pumped through the BTC-pipeline to the Turkish Mediterranean coast."
END OF REPRINT, FROM...

http://www.globaliamagazine.com/?id=497

Now, here's where it gets much more entangled, confused, emeshed, convoluted and fascinating.

In the following article, the writer analyzes Georgia-Russia's recent conflict/war in context of the above proposed pipeline, extending Georgia as an energy transit agent, circumventing both Russia and Iran. However, in addition to Georgia's transit role in a proposed Turkish-Israeli-India pipeline, I have, once again, excerpted and emphasized a single paragraph from the article, below, NOT related to Georgia, which perplexed me. In it, as you can see, the writer asserts EAPC IS A PRIVATELY OWNED FIRM (MY emphasis in BOLD). Please be sure to read the entire article:

"...The Ashkelon-Eilat Pipeline Company is a privately owned firm, owned jointly by Israel and the government of Iran. Tehran is currently not an active partner, and it and Israel are involved in international arbitration [Israel refuses to pay the Iran a compensation for its EAPC’s shares and other debts which are estimated to be around $5 billion]. (OGE note – keep in mind this was written on Jan. 18 and so could have changed.)..." END OF EXCERPT, FROM...

http://www.oilandgaseurasia.com/articles/p/82/article/714/

Now, the whole point of contention and conflict regarding EVERYTHING AND EVERYONE, above and elsewhere, lay in PRIVATIZATION and who gets what, how much, etc.
Consequently, whomever controls and/or owns EAPC under present circumstances has an extraordinarly powerful and lucrative position from which to multiply their profits astronomically IF and when the pipeline comes to fruition.
I have tried to ascertain information about EAPC, but, come up with NOTHING, absolutely nothing, other than the two individuals stated on EAPC's website, Oren Shachor, Chairman and President and Yair Waide, General Manager.
Here is EAPC information and a direct link to their website:

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4096059

Now come additional points of financial and economic conflicts of interests over the above proposed pipeline.

In the following, and above, as well, it is/was suggested Russia was asked to join and declined.
How true is this assertion and explanation I do not know.
One point of contention and objection, presumably, not only by Russia, is/was that Turkish PM Erdogan's son-in-law, Berat Albayrak, was appointed CEO with Turkey's Calik Group and, in turn, Turkey's Calik Group was awarded sole contractor for the above pipeline project. Again, some further aspects about the Calik, Erdogan, pipeline connections in the following link:

http://www.traderji.com/current-affairs/24075-turkey-israel-pipeline-india.html

Turkey's Calik Group is another major and controversial private conglomerate.
In the following, for example, sale of Turkey's second largest media outlet to Turkey's Calik Group, partnered with a Qatari company, in Turkey's AKP "passion to privatize," has "raised eyebrows."
Serhat Albayrak, brother of Turkish PM Erdogan's son-in-law, Berat Albayrak, mentioned in relation to the above pipeline, is CEO of this new Turkish media congolmerate.
So, the article:

http://www.hurriyet.com.tr/english/turkey/8769903.asp?gid=231&sz=93519

Then, I have EXCERPTED additional commentary about the above transaction from a second source. Once again, after the following excerpt, I will provide the direct link from which it came:

"...Perhaps more important has been the changing of hands of the Sabah group, which controlled an important part of media outlets, most notably Sabah newspaper, the largest-circulation in the country, and ATV television channel. Following a rift between its former and latter owners, Dinc Bilgin and Turgay Çiner, and the leaking of a secret protocol between them that seemed to indicate the sale was a fake transaction, the asset was sequestered, putting it under government control for a long period of time. After over a year, as the Sabah/ATV group was put to sale, only the ÇALIK group came forward with a bid. Foreign investors can own no more than 25 percent of a media outlet, and no domestic bidders were present. CALIK, on the other hand, is known for its proximity to the government. Prime Minister Erdogan’s son-in-law, Berat Albayrak is its CEO, and its media wing is run by the latter’s brother, Serhat. Even though there was just one offer, the auction was not annulled, and the bid of around US$1.1 billion was accepted. Equally remarkable was the financing of this deal. The state-owned Halk and Vakif banks each provided US$350 million for financing the deal – the largest credits ever provided by either bank, and this was done without any demands for additional guarantees. The remainder of the financing needed was provided through a Qatari government fund. This episode caused a scandal, displaying hitherto unseen relations among media, politics and power. Thus, without paying a penny, the ÇALIK group was able to take over one of the most significant media groups in the country.The rise of the ÇALIK Group is itself an issue worth separate examination. The group has a substantial focus of its activities in Turkmenistan, where it has had close links with the Turkmen government. It has also participated in several privatization auctions during the AKP government’s tenure. Most specifically, ÇALIK was awarded the construction and management of the Samsun-Ceyhan oil pipeline without a tender procedure, and it also received a license to build a refinery in Ceyhan. ÇALIK had also taken part in the tender for the privatization of Türk Telekom. However, in this case the group stayed in the auction only to bow out suddenly when it only had a single competitor left, a Lebanese firm, which hence clinched the deal..." END OF EXCERPT, FROM...

http://www.silkroadstudies.org/new/inside/turkey/2008/080604A.html

ALL the above, of course, is a consequence of PRIVATIZATION.

It is both OBSCENE and an endless process.

They, it, this privatization process can and must be annulled, overturned, prosecuted, mitigated, abridged, STOPPED, HALTED, liquidated and everything, everywhere, RENATIONALIZED.

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