Bp is part of a consortium in the Shah Deniz gas field, this gas field was discovered in 1999. It is one of the world’s largest gas-condensate fields, with over 30 trillion cubic feet - 1 trillion cubic meters - of gas in place. It is located on the deep water shelf of the Caspian Sea, 70 km south-east of Baku, in water depths ranging from 50 to 500 m. BP operates Shah Deniz on behalf of its partners in the Shah Deniz Production Sharing Agreement (PSA).

According to BP’s own web site the participating interests in Shah Deniz are: BP (operator – 25.5%), Statoil (25.5%), SOCAR (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).

One of BP’s partners in the Shah Deniz gas field ~ NAFTIRAN INTERTRADE CO. (NICO) has been under U.S. sanctions since 2008, deemed an entity "owned or controlled by the Government of Iran.

Additionally, last February it was reported by Reuters that on February 1, 2012 [Iranian oil-trading firm] Naftiran Intertrade increased its holding in British oil giant BP Plc. by 1.85 million shares. It now holds a stake worth more than $190 million (121 million pounds).

BP’s business partner Iran is one of the foremost, self-proclaimed enemies of the West and one of the most serious threats to stability in the Middle East. But above all these concerns, the most menacing threat Iran poses to international security is its harnessing of nuclear energy for the purpose of developing a nuclear bomb.

BP alternative energy decided to pursue the development of their Cape Vincent Wind project under Article 10 of the Public Service law. This law, governs the siting of major electric generating facilities statewide. This new law takes the decision making away from communities and puts it into the hands of an appointed board.  However there is another law signed by Cuomo in 2012  that may be of interest to BP as well, Jan.13, 2012 ~ Gov. Cuomo signed a law  prohibiting companies that conduct $20 million or more in business with Iran’s energy sector from bidding on contracts in New York.

Will the Public Service Commission force our community into a  deal with a company that consorts with our enemies?

Related links & Stories

CUOMO's Iran Ban

BP Website ~ Shah Denzie

BP website ~ Shah Deniz Consortium

Special report: For Iran oil trader, Western ties run deep

Sleeping with the Enemy: BP's Deals with Iran

Fact Sheet: The Threat from Iran(Updated October 2012)

Iran Sanctions Department of the Treasury

Department of Treasury resource Center

Iranian militias ‘pose threat to U.S.’

Posted by Kathryn Muschell at 10:26 PM Interesting point. Should someone ask Chandler if BP is doing more than $20 million in business with the Iranian government?

October 22, 2012 at 7:35 AM Art Pundt said...

Excellent post K! Another reason to support the blogger defense fund.

Not mention that BP admitted they lobbied for the release of the Lockerbie Pan Am 103 bomber terrorist to Libya so BP could secure blood money oil deals. $900 million worth. Wonder if any of that money will find it's way to cv to buy off our community and fund our local lease holders?

I would assume our Republican town board are good patriotic Americans. So why are they even suggesting BP come meet with us, or suggesting BP put up a solar project ? Or suggesting ways BP can gain our trust! Haven't they done any research on BP?

And why are they suggesting a sit down with BP to have BP present PILOT alternatives? That money could be BP blood money to buy off our community from Libyan oil deals. Once the money is in BP coffers it's all the same money all stained with the blood of American citizens!

Especially considering BP lobbied for the release of a terrorist cold blooded murderer that slaughtered 35 Syracuse Univ students on Pan Am 103!

We should not be providing town property to let these corporate thugs make a case as to how they will destroy our community further. It is obscene!

Really Urban, Clif,Brooks and John...this what you want to allow on town tax payer property? Really?

We did not elect you to appease thugs and the politicians that support those thugs!
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