Results 1 to 9 of 9
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June 29th, 2007 01:50 AM #1
http://news.yahoo.com/s/afp/20070628...l_070628173213
LONDON (AFP) - Despite being the world's fourth-biggest producer of crude oil, Iran's lack of refineries means insufficient petrol is made in the country -- a situation that led to unrest this week.
Iran, which is also the second-biggest producer in the Organization of Petroleum Exporting Countries, is plagued by a global problem of limited refining capacity.
The Islamic republic produces 44.5 million litres of or petrol, or gasoline, a day -- which is not enough to meet demand of 79 million litres.
This is weird.does this mean they will start using nuclear power?
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June 29th, 2007 03:45 AM #2
this only means that they really need the American Businessmen and investors
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June 29th, 2007 04:11 AM #3
sa palagay ko nga .pati yong commercial airlines nila needs the americans dahil nagsstart ng malaglag sa ere due to lack of spare parts from the makers which are americans
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June 29th, 2007 10:04 AM #5
That just shows how MISMANAGED Iran has become over the past few decades (since the Revolution).
I mean, they are tying to go nuclear and wasting precious money instead of trying to harness the energy source that is readily available to them.
Venezuela might also follow this trend someday since they have limited know-how on how to extract & process tar crude oil if ever they pushed though with a 100% nationalization of their oil wells.
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June 29th, 2007 10:10 AM #6
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June 29th, 2007 03:28 PM #7
They need more investors, but the rest of the world is jittery about Iran's current regime.
But who knows? Maybe the Chinese or the Russians will send more investment money their way.
Ang pagbalik ng comeback...
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Tsikot Member Rank 3
- Join Date
- Oct 2002
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June 30th, 2007 12:09 AM #8Well, thats what happens to rogue states like North Korea, Iran and now Venezuela. They should learn to co-exist peacefully with the rest of the world and learn to respect the only remaining superpower in the world.
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June 30th, 2007 12:13 AM #9
If I were an investor wanting to make money in the oil industry, I wouldn't invest in Iran.
Why?
The news would already speak for themselves...
Puwede i try, 1. Palit air filter 2. Linis throttle body 3. Linis MAF sensor 4. Check spark...
high idle RPM at engine start