U.S. Oil Firm Sidesteps Sanctions on Iran

[Boston Globe] Farah Stockman - In the oil fields of Iran, a 2,000-pound drilling tool, called the azimuthal density neutron tool, probes deep under the earth for fresh supplies of crude, the lifeblood of one of the most formidable foes of the U.S. While helping to enrich Iran's economy, the drilling tool also presents a potential risk to American security, were it to fall into the wrong hands. It is powered by a radioactive chemical that scientists say could fuel a so-called "dirty bomb," capable of spreading radiation across many city blocks. The tool is the type of sophisticated technology that the U.S. has sought for 13 years to prevent from reaching Iran, a country the U.S. government says is financing terrorism with its oil profits. But the device - developed by the oil-services firm Schlumberger in labs in Connecticut and Texas - was brought to Iran through a legal loophole that allows multinational corporations to use foreign subsidiaries to sidestep U.S. sanctions, according to a Boston Globe investigation. Scientists say that if the five curies of americium-241 used in Schlumberger's tool were to be lost or stolen, the material could be combined with TNT to create a crude nuclear device known as a "dirty bomb" that could contaminate an area of many city blocks.


2008-12-09 08:00:00

Full Article

BACK

Visit the Daily Alert Archive