What is the meaning of ‘Syria’?

Peeking behind the veil of religious sectarianism



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This article has been compiled entirely from internet sources. Cross referencing and validation along with use of more acceptable and reliable sites has been the principal sources of information.


By Maheen Senanayake


The sectarian angle in Syria is a veil that shrouds the true agenda of the banksters whose only aim is the protection of the petrodollar. How you might ask is the dollar connected to a war in Syria. As I was recently told, ‘if you know the history of the Russian revolution and the history of the French revolution you know the history of the world.’


In a similar context, the most recent wars had if anything taught nothing. Those in the public sphere captured by the tentacles of populist media including BBC and CNN and not in any particular order believe everything they hear and buy everything that is sold to them. Those who have relied and still rely on personal judgment and seek their information in visual language, in whatever medium, are the only ones whom the controlling power brokers of this world – the so-called `merchants’ - have not blinded.


One script writer suggest that ‘they were digging for water when the black sludge was discovered’. Today water is more expensive than oil in the Arab world.


Where water and oil don’t mix


Our story begins with a little explanation. To the uninitiated the thought of a gas or oil well conjures images of a pipe going down into the ground, and out of it flows - either a steady stream of oil or natural gas that is fed straight into a pipeline and then delivered to them with no further treatment; or the crude oil that comes out runs straight over to a refinery where (with minimum effort and maximum profit) it is transformed into gasoline or diesel fuel.


The reality of oil and gas production is considerably different, and fluid that comes out of the well is not what the uninitiated imagines. There are three major fluids that come out of a well, and these are gas, crude oil and water.


The water produced is mainly salty, trapped in the reservoir rock and brought up along with oil or gas during production. It can contain very minor amounts of chemicals added down-hole during production. These waters exist under high pressures and temperatures, and usually contain oil and metals.


The treatment of produced water is a major component of the cost of producing oil and gas. Wells may start producing little water but sooner or later all oil wells produce a much larger volume of water than oil. The ability to efficiently and economically dispose of this water is critical to the success in the oil production business.


Early in the life of an oil well, oil production is high and water production is low. As the production age of the well increases, the oil production decreases and the water production increases. When the cost of managing produced water exceeds the profit from selling oil, production is terminated and the well is closed.


Handling the water from these wells is thus not a small matter, especially in the larger production fields around the world such as Saudi Arabia. When Aramco decide to increase production from a field, or to add another field to their supply network, they cannot just drill another well, hook it into the line and see their exports increase. Because of the nature of the fluid that actually comes out of the hole, it has to be run first through a Gas Oil Separation Plant or GOSP


According to a Bloomberg report it is widely assumed that Saudi Arabia controls about a quarter of the world’s oil. Any doubts about whether the kingdom has the goods go to the heart of the global economic system.


The most vocal skeptic is Matthew R. Simmons, Chairman of Simmons & Co. International, a well-known Houston-based investment bank specializing in energy. He made headlines in February by telling a CSIS audience that the Saudi "miracle" of almost effortless, cheap production was nearing an end.


Drawing on technical papers published by the Society of Petroleum Engineers and a February 2003, visit to Saudi oil fields, Simmons thinks the Ghawar field, the world’s largest, with production of 5 million bbl. per day, could be running dry. Other fields of similar vintage — Ghawar was discovered in 1948 — such as Forties in Europe’s North Sea or Alaska’s Prudhoe Bay, have declined sharply from their peaks.


"The entire world assumes Saudi Arabia can carry everyone’s energy needs on its back cheaply," says Simmons. "If this turns out not to work, there is no Plan B."


Despite lack of transparency in Saudi data, this has to some extent been founded by the fact that although Saudi Arabia has approximately 80 oil and gas fields, more than half of its oil reserves are contained in only eight giant fields in the Eastern Province in the northeast part of the kingdom. These eight fields include Ghawar (the world’s largest oil field with estimated remaining reserves of 70 billion barrels) and Safaniya (the world’s largest offshore oilfield, with estimated reserves of 60 billion barrels).


Ghawar’s main producing structures are, from north to south: Ain Dar, Shedgum, Uthmaniyah, Hawiyah, and Haradh. Ghawar alone accounts for about half of Saudi Arabia’s total oil production capacity. The six other fields with substantive reserves are: Abqaiq (17 billion barrels); Shaybah (14 billion barrels); Berri (11 billion barrels); Manifa (11 billion barrels); Zuluf (8 billion barrels); and Abu Sa’afa (6 billion barrels).


According to the "Saudi Arabia, Arab Oil & Gas Directory 2005 (Paris: Arab Petroleum Research Center, 2005)’’ p. 372 what is interesting is that if you take the depletion amounts that Aramco reports, say 73% for Abqaiq, and you look at how much has been produced, in this case about 8.5 billion barrels, then what is left is the reserve. This is not complicated arithmetic – it comes out to 8.5 x 27 / 73 = 3.1 billion barrels. So when we are told that Abqaiq has 17 billion barrels left (which is more than it started out with) it seems not unreasonable to ask ``where?’’


It becomes more logical to suggest that the numbers that Aramco have been citing, such as those given above, were the reserve size anticipated when the field was developed, rather than what is remaining at this point in time; because by their own numbers there is less than three billion barrels left. The same arguments, as I recently noted, also apply to Northern Ain Dar and probably most of the other fields.


According to several blogs dealing with technical aspects of oil, as the water continues to rise because the field is rising toward the center of the bow, more oil wells begin to encounter water in their lower regions and those on the outside of the field see the water content (cut) still going up. Now at some point the water from a well will get to be more than 50%. If the GOSP was just treating that one well, then the GOSP would have to be shut down and reconfigured to handle the higher water content. But because the plant is taking oil from a number of wells going upfield, the overall average can be kept within the GOSP operating range, and oil can continue to be recovered, as the remaining oil column in the outer wells gets shorter.


However there comes a point when just too much water is coming from too many wells into the GOSP and at this point Aramco goes into the well, and lowers a plug of concrete down into the well to seal off the lower portions of the well. What happens thereafter is somewhat technical but suffice to say that it increases the complexities of oil extraction. In other words, Saudi supplies are diminishing. This is at the heart of the Syrian conflict and the petro dollar is at stake and its future very bleak indeed.


And as in history, the rising sun of Japan overshadowed the Churchill’s setting sun, Syria finds itself at the crossroads between Russia/China/Iran & Qatar’s vast gas fields and Saudi/American diminishing OPEC oil interests. And beneath the false humility of humanitarianism the power brokers play chess. First let us understand what it’s all about.


The petrodollar


A petrodollar is a United States dollar earned by a country through the sale of its petroleum (oil) to another country. The term was coined in 1973 by Georgetown University economics professor, Ibrahim Oweiss, who recognized the need for a term that could describe the dollar received by petroleum exporting countries (OPEC) in exchange for oil. In addition to the United States petrodollar, a petrodollar can also refer to the Canadian dollar in transactions that involve the sale of Canadian oil to other nations. Large inflow of petrodollars in a country often has an impact on the value of its currency. For Canada it was shown that an increase of 10% in the price of oil increases the Canadian dollar value versus the US dollar by 3% and vice versa.


The rise of Gazprom


The cooperation in the gas supply sector between Gazprom and GDF Suez began in September 1975, when the parties signed the first two contracts for gas supplies to the borders of Slovakia and Austria. On October 28, 1983 the third contract for gas supplies to French consumers was signed as part of the Gas –Pipes project. Between 1975 and 2012 Gazprom supplied over 330 billion cubic meters of natural gas to France. In December 2006 Gazprom and GDF SUEZ signed the agreement to extend the existing contracts for Russian natural gas supply to France until 2030. Moreover the parties had agreed to deliver additional gas volumes to GDF Suez via the Nord Stream gas pipeline. At present GDF Suez has contracted the pipeline capacity of 2.5 million cubic meters per year. In July 2010 GDF Suez entered the shareholding structure of Nord Stream AG with a 9 per cent stake. Gazprom was also given the opportunity of delivering up to 1.5 billion cubic meters of Russian gas per year directly to French end consumers since October 2007.


Syria


"Syria is the last line of defense for the US dollar and the exalted position of OPEC. Syria is the potential recognized debut of the NatGas Coop in significance." Syria is about the last gasp for the petrodollar, the emergence of energy pipeline geopolitics, the rise of the NatGas Coop, the new dominance of Russian Gazprom, the eclipse of OPEC, the fall of the house of Saud and a grand adjustment process in global commerce and banking.


Refer to trade settlement outside the US dollar and diversification away from US Treasury Bond reserves management. It took some time to realize it, but reports suggest that the the Cyprus bank incident was a misdirected attack against Gazprom. It failed. It can be surmised that the entire Arab Spring movement, an ambitious disruptive project waged with foolhardy ambitions, has turned on itself. Egypt fell, its US puppet discharged. The entire North African region will be in flames soon.


The US Govt. interfered with a grand industrialization project for European industry, to be placed on North Africa intended to take advantage of cheaper labor, available minerals, nearby resources, and easy shipping. The resentment of Europe will show in the future. The Middle East and Persian Gulf region is shifting its salute to Russia & China, as the noisy sectarian battles have been a common fixture since long ago. Bahrain has erupted. Saudi Arabia is clamping down and converting into an Islamic police state to create the Iran-Saudi repressive twins. Chaos is the longstanding objective of the US Govt. in foreign policy infection, no change in decades.


Syria is about a lot of things, most of which are volatile, many unsolvable. To be sure, the naval port of Tartus is valuable for the Russian military, always eager to wrest a seaport. Like Lebanon, Syria is a hotbed stronghold for Hezbollah, never to be taken lightly. They are mortal enemies to Israel, whose nations have exchanged covert violence for years. Syria might have tight relations with the Shiites of Iran, even some in Iraq. However, Syria represents the crossroads of many important shifting geopolitical roadways that pertain to the global financial structure and commercial systems.


Syria is the tipping point for a Grand Global Paradigm Shift. It is the last stand for the Anglo Banker world. Syria will not go easily into the Russian camp, into the Gazprom fold, into the European energy market sphere. For if it does, the entire US dollar system of commerce and the US Treasury Bond system of reserves management will fall by the wayside and open a new era with Eastern dominance. But the Western powers cannot stop it. Clouds of whatever type do not halt pipeline flow nor pipeline geopolitics.


So what does Syria mean now?


Syria stands at the threshold of the emergence of the Eastern Alliance, the new dominant energy pipelines, a new payment system detached from the US dollar and Anglo banks. Syria stands at the door which controls some incremental European energy supply. Syria stands at the threshold to Gold Trade Settlement, with a transition step that brings more importance to commodity backed currencies and proper valid systems for trade. Syria means the pipelines strangle the US dollar. Syria means the end of the US system of IOU coupons that pollute the global banking system. Syria means the status quo is coming to an abrupt end. Syria represents a clash of East versus West, which has more commercial and bank significance than anything reported by the ‘lapdog’ press. Notice the direct line from Iran through Iraq to Syria. The natgas of Iran reaches the Mediterranean sea through Syria. That, ladies and gentlemen, is the real problem.


Pipe line politics


It begins in Iran and ends at the Mediterranean seaport in Syria. It was designed to terminate at a Shiite friendly nation. Ironically, Qatar is fighting against the Syrian Assad loyalists, but the Qatari natural gas will be directed into the same pipeline. In the last year, a giant Persian Gulf gas discovery was made in a joint Iran-Qatar project. Syria is about the last gasp for the petrodollar. It represents a climax in Energy Pipeline Politics. Quietly for the last 15 to 20 years, Russia has been building crude oil pipelines and natural gas pipelines from the Mother Russian lands to points in Europe and China and the former Soviet Republics. They have been constructing modern LNG gas port facilities. They have been forging contracts to supply energy to countless nations. The US-led plans have been more interference than constructive. They have consistently attempted to obstruct, rather than to build with some justification of common benefit.


It is therefore understandable that the US news networks cannot tell why or how Syria is important relative to the US dollar. Most Americans cannot define money, let alone conceive of a petrodollar de facto standard. They have difficulty understanding anything that is not spoon fed to them by the lap dog cartel of the news corporations. They do not comprehend the global banking system having practices as an extension of Saudi crude oil sales in US dollars. They remember nothing of the Kissinger Arab Oil Surplus Recycle Pact into US Treasury Bonds and US big bank stocks. Coming to a world near you is the NatGas Coop led by Gazprom. A regular feature in geopolitical decisions will be the integration of NatGas supply to Europe and Great Britain.


The Eclipse of OPEC


Clearly heading out is OPEC and its influence. The dirty secret for 10 years has been the depletion and decline in Saudi oil reserves. The water cut has surpassed 80% on a regular basis at Saudi oilfields. It is the percentage of water in produced "oil" wells. Don’t you think it would be good to know how King Abdullah returned from a coma after a few months, where his organs were declared defunct. The Saudi OPEC core is precisely the foundation to the petrodollar and the justification for global banking systems being based in US Treasury Bonds. Coming online is the NatGas Coop. Coming online is gold trade settlement. Coming online is the BRICS Bank. Coming into prominent view is Gazprom, the leader of the NatGas Coop. It has some powerful strange bedfellows who deal in one currency, natural gas.


The demise of the Petro-Dollar.


The great US Dollar devaluation will occur when the Petro-Dollar falls by the wayside. The result will be profound price inflation in the US economy. The fall of the Saudi regime is guaranteed eventually, and likely soon. The Saudis cannot play both sides (US & Russia) successfully. They will fail with both partners. The NatGas Pipelines are critical, as they wield enormous economic leverage and power. Together, the NatGas Coop phases out OPEC and assures the end of the US dollar as it is currently known and structured. It is inevitable that the Saudis soon indicate that non-US dollar payments are accepted for crude oil sales, like accepting GB Pounds, Euros, Japanese Yen, even Swiss Francs. Watch the Saudis closely for various signals of impending doom, death signals.


As energy sales move gradually, then rapidly, away from the USD settlement, the world will go through a transformation. The banking system will change in their foundations, one nation at a time, with diversification away from USTBonds. It will be check and mate


Conclusion


Syria is the last line of defense for the US dollar and the exalted position of OPEC. Syria is the potential recognized debut of the NatGas Coop in significance in the new era emerging, Gold will prevail as the Gold Trade Standard is put in place. The United States is due for some extreme isolation. The NatGas Coop will change the global map. It will open the door to the Eurasian Trade Zone for commerce, and open the door to the Gold Trade Settlement for finance. Some quantum leaps are in store and soon. Gold will emerge with a new Gold Trade Standard, whose price will shock most observers.


 
 
 
 
 
 
 
 
 
 
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