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China Plans to Develop Iran's Yadavaran Oil Field

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According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.

Thinkpad (AXcess News) Beijing - China and Iran are close toclosing a dealto develop Iran's Yadavaran oil field. The agreement comes at a time when Iran is under possible UN Security Council sanctions over its nuclear program. China has stayed neutral in Iran's political fight with the European Union and United States with Russia trying to negotiate terms with Iran to avoid sanctions. China has not said if it would back out of the oil deal with Iran, but the energy starved Asian nation is most likely to move forward with the oil field development regardless of Iran's nuclear outcome.

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Microsoft A Chinese government delegation is due to visit Iran as early as March to formally sign an agreement allowing China Petrochemical or Sinopec to develop Yadavaran. The deal would complete a memorandum of understanding signed in 2004.

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Laptop Computers In exchange for developing Yadavaran, one of Iran's largest onshore oil fields, China would agree to buy 10 million tons of liquefied natural gas a year for 25 years beginning in 2009, the report said, citing Sinopec board member Mou Shuling.

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Laptop Computer The deal is thought to be potentially worth about $100 billion.

Alashankou portion of an oil pipeline to China that is planned to extend from the country's Caspian coast eastward to the Chinese border in future construction.

Desktop Computer Chinese and Iranian officials in Beijing said they could not confirm the report.

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