Let's not miss the big picture. Let's remember our theory from last week. The ongoing Syrian civil war has turned into a Mediterranean War.
1.In 2013, the US Geological Research Center announced that the existence of 3.45 trillion cubic meters of natural gas in in the Eastern Mediterranean and the shores of Syria, Israel, Egypt and Cyprus. This amount can affect all the balances of the Middle East and the fate of all the countries in the region. This is why hundreds of cruisers from dozens of countries crowded the Eastern Mediterranean.
2.The world's top weapon exporting countries (the US, Russia, China, the UK, Germany, the Netherlands, Italy and Israel) increased sales after the Arab Spring and the civil war in Syria by 47 percent; the profits of companies that sell weapons reached 210 percent on the stock market. Muslim countries also increased their weapons purchases by 74 percent. That's why nobody wants the war and chaos in the Middle East to end. However the
of the United Nations are at the same time among the top weapon-exporting and top oil/natural gas drilling countries.
Now let's look into another new issue. From which countries are the companies drilling the natural gas and oil in the Middle East? Don't be surprised, the top weapon-exporting countries also have companies drilling oil and natural gas in the Middle East.
These companies are the pillars of the economy in their countries. There are mammoth companies involved.
For example, the revenue of ExxonMobil (US) in the last 12 months is $263 billion, its profit is $127 billion. The revenue of British Petrol (UK) in the last 12 months is $243 billion, its profit is $44.5 billion. The 2015 budget of the Republic of Turkey is $163 billion.
We are talking about companies whose profit is twice the size of our budget. They have been making a great amount of money from the oil they drill. Also, they make such agreements that they get most of the oil/natural gas (more than 50 percent) since they pay the costs.
Some countries cannot even sell the oil and natural gas drilled from their territories because of these agreements.
Now there is a very critical situation: Last week Italy announced that it would send troops to Iraq in order to protect the oil drilling company, ENI, in Iraq.
In the near future, can one country invade another under the pretext of protecting the security of its own companies?
If the interests of companies like Exxon and BP, which are big enough to affect the economies of countries, are at stake, why not?
We will discuss these topics further.
Let us now learn about the energy companies of the “Mediterranean War”:
Oil:
BP (UK)
China National Offshore Oil Corporation (China)
China National Petroleum Corporation (China)
ENI (Italy)
ExxonMobil (US)
Gazprom (Russia)
Japan Petroleum Exploration Company (Japan)
Korea Gas Corporation (Korea)
Kuwait Energy (Kuwait)
Lukoil (Russia)
Petronas (Malaysia)
Shell (UK-Netherlands)
Total (France)
TPAO (partner and logistics supplier) (Turkey)
South Oil Company (Iraq)
Natural gas:
South Gas Company (Iraq)
Shell (UK-Netherlands)
Mitsubishi (Japan)
Basrah Gas Company (Iraq)
Dana Gas (Abu Dhabi)
Pakistan Petroleum (Pakistan)
Genel Energy (UK)
Marathon Oil (US)
Korea Gas (Korea)
DNO International (Norway)
Oil:
North Oil Company (Iraq)
OMV (Australia)
Talisman Energy (Spain)
Gazprom (Russia)
Korean National Oil Company (Korea)
Genel Energy (UK)
Doğan Energy (Turkey)
Gulf Keystone Petroleum (US)
Chevron (US)
Hess (US)
Sinopec (China)
Oil:
Chevron International Gas (Qatar)
ConocoPhillips (US)
ExxonMobil (US)
General Electric Oil and Gas (US)
Gulf Petroleum Ltd. (Qatar)
Maersk Oil Qatar (Denmark)
Occidental Petroleum of Qatar (Qatar)
Talisman Energy (Spain)
Natural gas:
Ras Gas (Qatar)
Qatargas (Qatar)
ExxonMobil Qatar (UK-Netherlands -Qatar)
ConocoPhilips (US)
Dolphin Energy (Qatar-France)
Oil:
Shell (UK-Netherlands)
ExxonMobil (US)
Total (France)
HERA (Spain)
GS Engineering and Construction (Korea)
TERI (India)
Kuwait National Petroleum Company (Downstream) (Kuwait)
Kuwait Oil Company (Kuwait)
Kuwait Gulf Oil Company (Kuwait)
Kuwait Petroleum Corporation (Kuwait)
Natural gas:
Shell (UK-Netherlands)
Kuwait Petroleum Corporation (Kuwait)
Oil:
Saudi Aramco (Saudi-the US recently nationalized)
Saudi Arabian Chevrom (Saudi-US)
Kuwait Gulf Oil Company (Kuwait)
Japan's Arabian Oil Company (Saudi-Japan)
Natural gas:
Saudi Aramco (Saudi)
South Rub al-Khali Company, or SRAK (Saudi-UK-Netherlands)
Luksar Energy Limited (Saudi-Russia)
Sino Saudi Gas Limited (Saudi)
ENIRepSa Gas Limited (Saudi-Italy)
Natural gas:
Egyptian Natural Gas Holding Company (Egypt)
ENI (Italy)
BG Group (UK-Netherlands)
Shell (UK-Netherlands)
Apache (US)
The Egyptian General Petroleum Corporation (Egypt).
Natural gas:
Noble Energy (US)
Delek Group (Israel)
Isramco (Israel)
ATP Oil and Gas (US)
Note: This information and more is prepared daily in English and Turkish by the Anatolian Agency Energy News Editorship. (www.aaenergyterminal.com).
