Showing posts with label PKK. Show all posts
Showing posts with label PKK. Show all posts

Tuesday, October 30, 2007

More Worries about the BTC Pipeline

We've been worrying about the integrity of the BTC Pipeline here at Futurejacked, but with a focus on Georgia-Abkhazia-South Ossetia.

John Robb brings up the same topic from the point of view of the PKK:

The PKK's Opportunity to Win Strategically

Current tightness in the oil markets (peak oil?) has presented the PKK, the Kurdish guerrilla group fighting the Turkish government, with an amazing opportunity. It can become responsible for sending oil prices over $100 a barrel and sowing panic in global markets.

How? This objective can be accomplished through a series of attacks on the BTC pipeline that runs from Azerbaijan to the Turkish port of Ceyhan (in a fashion similar to earlier attacks that PKK has made on less substantial pipelines)...

On the surface, all still seems reasonably well on the geopolitical-finance front. But when the collapse comes, it is going to pull much of the world system of trade and energy down into a heap of rubble.

Whether it is the PKK or Abkhazian separtists striking the BTC Pipeline, or a strike on Iran that leads to the closing of the Straits of Hormuz, or a further deterioration of mortgage-backed securities - the kindling is stacked high and dry, a gang of drunken fools is running around with matches, trying to set it all aflame.