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Dec16
India Proposed Oil Reserve for Asian Countries

When I think of European Union (EU) and the level of cooperation that EU countries could achieve, I really feel sad for Asian countries. There is still a sense of deep rooted mistrust among Asian countries. So, regional cooperation is something that we cannot find in Asia in the scale of EU countries. It is nice to see that things are changing slowly but changing none the less. Indian Minister for Petroleum and Natural Gas, Murli Deora has proposed the idea of building a common oil reserve for Asian countries.

Zee News reported:

India today proposed building of strategic storage of oil by Asian countries as a cushion against supply disruptions and a three-tier cooperation mechanism to ensure a sustainable global hydrocarbon economy.

"I am of the opinion that developing Asian countries should seriously consider building strategic storage of oil," Minister for Petroleum and Natural Gas, Murli Deora said at the first meeting of Energy Ministers of India, China, the US, Japan and South Korea here.

 

Well, I am happy with this idea but I am not so hopeful about its implementation. India and China both have to be serious about the matter of energy security. They have the fastest growing economies in the world now.

Just let us hope for the best.


1 Comments/Trackbacks




Dear Sir/Madam

PRIVATE AND CONFIDENCIAL TRANSACTION

My name is KEN ROBERT; I am the operational manager in account management section in charge of credit and foreign bills of one of the prime banks here in South Africa . I realize you will be surprised to receive this mail; And I am writing in respect of a foreign customer of my bank who perished with his whole family in an auto crash. There is an account opened in this bank in 1998 by this great late INDUSTRIALIST who died without a written or oral WILL attached to the account.
Since his death, I personally have watched with keen interest to see the next of kin but all has proved abortive as no one has come to claim his funds and no other person knows about this account or anything concerning it, the account has no other beneficiary and until his death he was the manager of his company.

The total amount involved is 106,000,000.00 USD. [One hundred and six million United States Dollar]. We wish to start the first transfer with $6,000,000.00[Six million] and open successful transaction without any disappointment from your side; we shall re-apply for the transfer of the remaining balance to your account. I have secretly discussed this matter with the general manager of the bank who I must involve in order to have a smooth and a successful transfer of the fund to any foreign bank account which you are going to nominate.

On this note, I decided to seek for a reliable foreigner who will act as the foreign beneficiary of the fund from the deceased by providing his/her bank account where the fund will be transferred for immediate investment on any viable project as no one has come up to be the next of kin.
The banking ethics here does not allow such money to stay more than six years without claim hence the money will be recalled to the government treasury as unclaimed after this long period of dormancy. In view of this, I got your contact through the INTERNATIONAL TRADE CENTRE/ CHAMBER OF COMMERCE HERE IN JOHANNESBOURG when searching for a reliable person who will assist me by providing (HIS/HER) safe bank account for the transfer or find a reliable person who will be capable of receiving such amount in his or her personal account.

At the conclusion of the transfer 65% of the fund will be for me, I will give you 20% of the total transfer sum, 10% for charity both in Africa and in your country while the remaining 5% will be set aside to settle expenses both parties might incur during the transfer process. Upon the receipt of your reply, I will send to you detailed information about the transaction. I will not fail to bring to your notice that this business is 100% risk and trouble free and that you should not entertain any fear as all modalities for fund transfer can be finalized within 7 to 9 banking days, after you apply to the bank as the beneficiary of the fund from the deceased.

WHEN YOU RECEIVE THIS LETTER, KINDLY SEND ME AN EMAIL OR YOU CAN CALL ME AND PLEASE FURNISH ME WITH YOUR DIRECT CONTACT FAX AND PHONE NUMBER WHEN REPLYING, FOR SECURITY REASONS.
Phone: +27 737 564 896
email: kenroberto_ed@yahoo.com
yours truly,
KEN ROBERT.


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