Friday, September 14, 2012

Singaporean Run Dirty Iran Oil Shipping Business








According to Reuters 13.9.12 :

a. Titan (Singaporean owned company) hired out 2 (oil tankers) Titan Ruchira and Titan Tulysan to Glannmarine. They used to transfer and stored 4 million barrel oil from NITC(Iranian tankers) in the area sea off Labuan island of East Malaysia....to avoid US sanction...then ship to China, Korea, Taiwan, Vietnam, Philippines ...those unsuspecting states or in secret collaborations...

b. Western (London) insurers cover about 90% of world tankers fleet and are currently barred from carrying Iran oils.

c. More than half of Iran oil tanker fleet were anchored in the Gulf carrying about 33 million barrels of oil awaiting customers and delivery...

d. By these methods...Iran able to sell oil below market prices and no need for insurances !

e. Question: what currency that Iran receive for this oil exports....gold, euro, yuan...or barter for commodities and manufactured products ?

NOW IRAN REALIZE THAT GOLD IS INTERNATIONAL MONEY AND FREE FROM US DOLLAR OR ITS BANKING CONTROL !

REMEMBER PRESIDENT CHAVEZ OF VENEZUALA WHO RECALLED ITS GOLD....

25 Nov 2011 – Venezuela plans to bring home around 160 tonnes of gold, worth more than $11bn (£7bn). "The gold is returning to where it was always meant ...

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