Via Energy Daily, a report that China began work Monday on an oil pipeline to connect its northeastern border with crude-rich Russia. As the article notes: “…China’s Vice Premier Wang Qishan launched the project, which will link the Siberian border town of Mohe with refineries in China’s Daqing city over 900 kilometres (558 miles) away, […]
Read more »Courtesy of The New York Times, adroit analysis of the rise – and fall – of Venezuela’s petroleum-funded influence in South/Central America, and the more recent ascendancy of China & Brazil in the region. As the article notes: “…President Hugo Chávez’s push to extend his sway in Latin America is waning amid low oil prices […]
Read more »Via The Atlantic, an interesting look at the future of Gwadar, a potential deepwater port at the extreme southwestern tip of Pakistan close to the border with Iran. As the article notes, it is much more a part of the Middle East than of the Indian subcontinent, equipped with a highway, and oil and natural-gas […]
Read more »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 […]
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