Iran history : Shah 1973 speech.
Iran history : In a 1973 speech, the Shah stated he wouldn’t renew the 25 years Western Oil contracts, which were to expire in 1979.
He starts his speech by “There are truths that the ppl of Iran have to be made aware of”,”I have absolute proof of foreign companies violating our national interests.We will not under any circumstances extend this contract” He repeats remarks of PM Mosadeq, saying the Western consortium isn’t working in Iran’s interests. He recounts that due to circumstance, he couldn’t wrestle anymore from western companies in 1953 contract. “As a nation who honor their contracts, we’ll abide until 1979 but certainly not extend.” In the 1953 agreement, the main term was for them not to violate nation’s interests, which isn’t the case”,”We’d rather become a producing state than a client state past 1979”,”West has 2 options : insist on extending the contract & stop receiving oil or become clients of a reliable Iranian oil company that will guarantee its product delivery for 25 years at fair market conditions”,”We know our weaknesses & are not ashamed of speaking of them : We don’t have enough expertise to run our oil industry”,”We need skilled & experienced foreign experts to work for us (as opposed to foreign oil companies) & train our ppl”,”West should realize that this is a chance for reliable & stable energy supply”,”I can’t forgo my nation’s well being & allow our reserves to be depleted while our well being is damaged”,”Our revolution is about our future”
After that speech, private funding and foreign assistance was given to the Islamic opposition. Meanwhile, relations between Oil companies & Shah regime became less than friendly.
http://www.youtube.com/watch?v=TGhbG57_tMk
