Experts: China have an eye to African, S. American oil

[DuctapeFatwa]

"Take our technologies and capital to Africa and South America and exploit oil there so as to have diverse oil supply and avert the risk brought about by concentrated oil imports ."

This is the suggestion strongly proposed by Tan Zhuzhou, chairman of China Petroleum and Chemical Industry Association, on Feb. 25 when the decision-making process of the strategy for China's overseas energy is underway.

This is echoed by the petro-chemical experts advisory team from Shanghai Zhonghao-Sichao Consultation & Strategies Institute in their report. In the light of the volatile Middle East situation and China-Russia oil pipeline overshadowed with uncertainty, domestic energy experts have come to consensus that highlight should be given to Africa and South America in China's overseas exploitation for oil from 2004.

" Oil-rich countries in Africa and South America have developed friendly relationship with China and the trade and economic exchanges between China and these nations are expanding. Oil rich nations in these regions are generally less developed and some of them are suffering from long-term sanctions by the US. Their oil industry is poor. As they have a strong incentive to export oil for forex to alleviate poverty, they generally offer favorable terms for their oil export trade. So this gives China possibilities of spotting new or big oil suppliers. In addition, China National Petroleum Corporation (CNPC) has had successful experience in Sudan." This was put forward and verified by Han Wenke, an energy expert, in a research report of the Micro-Research Institute under the former National Planning Commission.

http://www.sudan.net/news/posted/7871.html

[kalian]

1. To be expected....

China is growing very rapidly and its demand for energy, especially
CHEAP energy, is going to grow just as fast.
The US has already "pre-empted" the Middle East but there are other
regions that are still pretty much "up for grabs". This is where
its going to get interesting.

Folks...with Peak Oil already happening...and cheap oil becoming a
luxury, we're going to see some very vicious wars ahead. If things
get out of wack...WWIII could very much happen in our life time.

On edit: http://www.airforcetimes.com/story.php?f=1-292925-2684344.php

Interesting, no? The US is beefing up its military presence in
Africa...because of "terrorists". But, you will notice that OIL is
mentioned throughout this article as well. ;)

[Darranar]

2. Interesting...

China/Japan/Korea are emerging as Comptetitor #2 with the US, the other being the EU.

The results of this could be interesting.

[kalian]

3. Don't discard the Russians...

they are a very powerful player, whether up-front or behind the
scenes.
Its all about cheap oil...or lack thereof...

[Darranar]

4. At this point, I think the Russians are falling...

what you say was true during the Cold War (obviously) and the immediate aftermath, but with the swift dismantlement of all forms of market regulation, Russia is in deep trouble.

That is not to say that at this point they can be discounted, and it is still possible that they may make a comeback.

The Russian oil barons are indeed a factor, and will likely remain one for quite a while, regardless of what happens to their home nation.

[kalian]

5. Any country that poses a serious nuclear force...

cannot and should not be discarded. That goes for France as well.
Please also remember that Russia and China have long-standing
agreements of cooperation and when one acts, the other is also
working behind the scenes.
Lest we forget that Japan, China and Russia are now working in
close cooperation with Iran... This isn't trivial and if the US
continues to follow the neocon agenda, world war is a very big
possibility.

The worse thing you can do is underestimate your opponents...

[Darranar]

6. I don't think it should be discarded...

Russia is certainly involved in the politics of the region, and is still pretty influential when it comes to international politics.

The question is whether it will play a major role in the "New World Order" that appears to be emerging.

[kalian]

7. I think they will play an important part.

But you have to view this entire situation from the Peak Oil
perspective. Remember...its not about "terrorism"...its about
cheap oil and its control. ;)

[Darranar]

8. It's about more than that, but that is one of the core issues.

[kalian]

9. More than that...?

what else is there?

[Darranar]

10. To clarify...

I'm not really talking about the "war on terrorism" specifically, but the current interests of the three powers I mentioned above.

Aside from simple expansion, the other main thing they are fighting over is control of space.

[bpilgrim]

12. RESOURCES

this will be a GLOBAL WAR for RESOURCES even more desperate and violent than the last... well if you put any stock in current and recent trends.

peace

[Crachet2004]

11. China is still taking it's first baby steps in the big, bad world of oil..

They are probably gonna wind up just buying the stuff on the open market.

Geopolitically, they are hemmed in by Russia and it's allies by land...and the US by sea. They are screwed.

If they become dependent on sources they cannot defend, they are at our mercy. And I am sure there will be no mercy if they try to get in the oil game. Halliburton, BP and Exxon/Mobil will declare war on them.

Or have their subsidiaries, the US and UK do it.