IRAN: Iran and Afghanistan, threaten Gulf security

The Afghan war and the Iran nuclear crisis are among the threats to security in the Gulf region, Kuwaiti foreign minister and deputy prime minister Sheikh Muhammed Sabah al-Salem al-Sabah said Friday.

Sheikh Muhammed was addressing delegations from more than 25 countries in the Gulf Cooperation Council at the opening of the sixth Manama Dialogue security conference in Bahrain.

Threats to GCC security ran from "Afghanistan and neighbouring Pakistan, go through Iran's confrontation with the international community, to the reality of Palestine and the suffering of the Palestinian people, down the Horn of Africa, to the crisis in Yemen," he said.

In additional and implicit swipe at Iran, he spoke of "when people call for rebellion against the regime, challenging the government and calling for the overthrow of the government in place."

Gulf officials "should recognise the risks of abusing ideologies in the relations between states," he added. Iran has been accused by the West and various Gulf states of interfering in the affairs of its neighbors and attempting to foment instability.

Sheikh Muhammed also discussed what he described as mid-term problems: the threat posed to Gulf countries by international economic downturns, and the risk of relying primarily on oil for revenue. And he added: "We must look closely at the demographic situation of our six GCC countries, and we will note that there are real demographic challenges in the mid- and long-term."

These challenges included the projected 30 percent rise in the population of the GCC countries by 2020; the large percentage of young people; and the large number of foreign workers in the Gulf.

The consequently large remittances being sent out of the Gulf and the growing number of children of foreign workers in GCC countries also posed a problem, he added. "This generation has no other home than the GCC countries -- they were born, have lived and worked here, and they represent a great challenge in terms of absorption into society from a cultural and a social viewpoint," he said.

The Manama Dialogue conference is sponsored by the International Institute for Strategic Studies. This year's conference, which lasts through Sunday, will focus on Afghanistan, Pakistan, Yemen and Iran.

Brazil starts exploitation of major oil reserves

A welder on the job in the shipyard of Angra Dos Reis, Brazil, where workers are building enormous oil platforms that will feature 14,000-ton decks the size of football fields.

Once the offshore pools of oil are tapped, Brazil's proven oil reserves are expected to double. (Juan Forero/the Washington Post)

The challenge facing Brazil's state-controlled energy company, Petrobras is huge: developing a group of newly discovered deep-sea oil fields that will catapult this country into the ranks of the world's petro-powers.

The oil pools are 200 miles out in the Atlantic and more than four miles down, under freezing seas, rock and a heavy cap of salt.

Petrobras has launched a five-year, $174 billion project to provide platforms, rigs, support vessels and drilling systems to develop tens of billions of barrels of oil. Energy officials here project that Brazil, over the next decade, will have one of the world's biggest oil reserves.

"It's going to change the role of Brazil in the geopolitics of oil," Petrobras's president, José Sergio Gabrielli, said in an interview at the company's headquarters in Rio de Janeiro. "We are going to become a much bigger producer."

Petrobras estimates that production in Brazil could reach 3.9 million barrels by 2020, up from more than 2 million a day now. Proven oil reserves would rise from 14.4 billion barrels to more than 30 billion barrels, according to government estimates, putting Brazil in the same league as such major oil exporters as Qatar, Canada, Kazakhstan and Nigeria.

The new discoveries in Brazil's offshore "pre-salt" region do not mean that the country will become a major exporter of crude, according to Gabrielli. He noted that Brazil's economy, which is the world's eighth-largest and is steadily growing, is expected to consume much of Petrobras's projected production.