Oil and the New Economic Order http://www.iags.org/new_economic_order0208.pdf
TEHRAN, March 19 (UPI) -- As Iran braces for another broadside of economic sanctions over its nuclear program, Tehran moves closer to opening up a new lifeline -- a natural gas pipeline to Pakistan and possibly India and China as well.
If everything goes as planned, this much-delayed, controversial project could wreck U.S. efforts to check Iran's expansionist ambitions.
U.S. energy analyst Gal Luft said the pipeline could also "have profound implications for the geopolitics of energy in the 21st century and for the future of South Asia."
Iran and Pakistan signed an agreement for the construction of the 560-mile, $7.5 billion pipeline from the huge offshore South Pars gas field in the Gulf through Pakistan's unruly Balochistan province to Sindh province.
The project is crucial for Pakistan's growing energy requirements. Iran will supply 750 million-1 bill…