Via The Financial Post, an interesting article on China Petrochemical Corporation’s (Sinopec) offer to pay $1.9 billion for Tanganyika Oil Co. to gain oil and natural gas operations in Syria. As the article notes: “…The bid for Tanganyika came one month after Sinopec Group lost to India’s Oil & Natural Gas Corp. in the tussle […]
Read more »Energy Daily recently reported that China and Venezuela signed several energy agreements that will allow the South American country to export half a million barrels of oil a day to the Asian giant from 2009. As the article notes: “…Venezuela, the fifth exporter of crude oil in the world, currently only represents 4 percent of […]
Read more »Via BusinessWeek, an interesting analysis of Kazakhstan’s position in the overall race for Central Asia hydrocarbons, particularly the likelihood that future production from the massive Tengiz field may end up going to China vs. other export lines. As the article notes: “…getting the oil out of the landlocked country [Kazakhstan] has always been a tricky […]
Read more »As reported by Energy Daily, China may build a third west-east gas pipeline in a bid to meet strong demand along its economically vibrant eastern seaboard. As the reports states: The pipeline will start from the western Xinjiang region and is likely to end in Fujian province in the southeast, supplying natural gas to the […]
Read more »As reported by Energy Daily, the president of energy-rich Turkmenistan recently pledged to significantly boost gas deliveries to China following talks with Chinese President Hu Jintao. As the article notes: “…Each year the future gas pipeline will deliver not 30 billion cubic meters, as before, but 40 billion cubic meters of gas,” Turmenistan President Gurbanguly […]
Read more »As reported by Window on Eurasia, Chinese, Kyrgyz and Uzbek experts have reached agreement on the route of a railway line between China and Central Asia, but this project – which would transform the geopolitics of the region – still faces some serious technical and political obstacles. As the article notes: “…experts have agreed on […]
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