A Future SCO Energy Club and China’s Increasingly Close Ties with Kazakhstan

As noted in a recent Central Asia News article, China and Kazakhstan signed several bilateral agreements during the visit of Chinese President Hu Jintao, which some observers and analysts say will galvanize the development of Kazakh-Chinese relations. Among the most notable were agreements on:

“…an extension of the Sino-Kazakh Atasu-Alashankou oil pipeline, linking mainland China to the Caspian Sea, giving Beijing direct access to an energy-rich region controlled by Kazakhstan; and

…Kazakh President Nazarbayev’s presentation of a draft of strategy for creating an Shanghai Cooperation Organisation (SCO) energy agency, which would be a type of “brain center” and database…”

There can be little doubt of China’s increasing interest in firming its relationship with oil-rich Central Asia. It will be intriguing to watch this play out in the years ahead — will it possibly lead to a new Great Game between Russia and China over this resource rich part of the world?



This entry was posted on Friday, August 24th, 2007 at 7:14 am and is filed under China, Kazakhstan.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.