The Billion Dollar Natural Gas Frenzy America Will Miss Out On

by | published February 21st, 2017

One thing emerged clearly during my four days of meetings with the Iranians in Frankfurt last week. There is now enough European support to allow Iran to move forward with some of the biggest natural gas and LNG (liquefied natural gas) projects in a decade.

There are still long negotiations ahead, with considerable risk assessment necessary throughout the design and implementation stages.

Some of these projects will never see the light of day because, the risk factor will simply be too high. That’s despite the impressive bottom line potential here. You see, these deals will likely provide access to deeply discounted natural resources.

Both the governments in London and Berlin have announced intentions to increase business dealings with Tehran.

And major energy companies such as French Total SA (TOT) and Anglo-Dutch Royal Dutch Shell plc (RDS-A/RDS-B) are now well into what they hope will be multi-billion-dollar natural gas and LNG projects.

There’s just one stumbling block left…

The U.S.

Here’s why… and how much it could hurt us…

Why Tensions at Iran’s LNG Summit are Running High

by | published February 16th, 2017

“Trust but verify” is a well-known phrase from the Reagan era, often used by the White House back then when discussing negotiations with the Soviet Union.

President Reagan knew he was using a much older Russian proverb – Доверяй, но проверяй (“Doveryai, no proveryai“). Such are the often strange twists in international diplomacy.

The past three days have once again reminded me that we may well be back in similar territory.

Except this time, the negotiations are being made so much harder by America’s self-inflicted wounds…