Via The Asia Times, an interesting summary of China’s keen interest in Central Asia’s energy resources and its efforts to take advantage of the global downturn to lock in such. As the article notes: “…may lead to a marked shift of fortune in the Great Game for control of Caspian energy reserves. On the surface, […]
Read more »Via Stratfor (subscription required), interesting analysis of the shifting dynamics in Central Asia as the global financial crisis and declining energy prices have shifted Central Asian regional leader Kazakhstan to an inward focus, and offered Uzbekistan an opportunity to reassert its historic role as regional leader. As the article notes: “…Central Asia had remained stagnant […]
Read more »Via Bloomberg, a report that China, the world’s second-biggest energy consumer, may agree next week on lending $10 billion to Kazakhstan in return for the right to take a stake in an oil producer in the Central Asian country. As the article notes: “…China National Petroleum Corp. plans to buy a minority holding in AO […]
Read more »Via Energy Daily, a report that Russia will finish an oil pipeline connecting Siberian oil fields to energy-hungry China in several weeks. As the article quotes Prime Minister Vladimir Putin: “As I have just been told by the management of Transneft, within just a few weeks the phase of reaching the Chinese border will be […]
Read more »Via Energy Daily, a report that China is close to inking a one-billion-dollar deal to receive Ecuadorian oil. As the article notes: “…China has offered us initial capital worth one billion dollars for infrastructure projects, we are going to pay little by little with our oil,” Correa said during a weekly television address. The deal […]
Read more »Via The New York Times, a report that China may be reducing its investment is some African nations. As the article notes: “…As global commodity prices have plummeted and several of China’s African partners have stumbled deeper into chaos, China has backed away from some of its riskiest and most aggressive plans, looking for the […]
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