The Malaysian-Iranian Alliance

Last year I wrote a post (link here) about the growing friendship between Malaysia and the Islamic Republic of Iran. Bearing these past developments in mind, more recent happenings of Malaysian-Iranian dealings (and the possible consequences) cannot be too terribly surprising.

The news from al-Reuters:

Iran signs $16 billion prelim LNG deal with Malaysia

TEHRAN (Reuters) - Iran and Malaysia's SKS have signed a $16 billion preliminary deal to develop Iran's southern Golshan and Ferdos gas fields and build plants to produce liquefied natural gas (LNG), state television reported on Sunday.

"The preliminary agreement to develop the fields was signed with Malaysia's SKS," Gholamhossein Nozari, head of National Iranian Oil Company(NIOC) told state
television.

"This contract includes $16 billion investment and will take 25 years to complete" he told semi-official Mehr news agency.

Read the rest at Pedestrian Infidel.