Martin Walker offers an interesting look at the emergence of a new hub of international commerce around the India Ocean which he has dubbed CHIMEA (China, India, the Middle East and Africa) in which Arab capital and energy — along with Indian & Chinese skills, investments and markets — are combining to present Africa with […]
Read more »An interesting round up of news from Central Asia Beat, including the following business & investment tidbits: Finland’s Nokian Tyres will be working with Kazakhstan’s Ordabasy JSC to build a factory in Astana. The tires will serve the Kazakh and Russian Markets, eventually going into Eastern European distribution. Germany will sponsor Kazakhstan at the WTO […]
Read more »Via Stratfor (subscription required), an interesting analysis of the second India-Brazil-South Africa (IBSA) summit held on Oct. 15-17, most notably IBSA’s influence in Africa and its potential role in the growing competition between India and China for Africa’s oil: “…India, Brazil and South Africa lack Western countries’ and China’s capital and investment capabilities and will […]
Read more »Interesting analysis by John C.K. Daly about some possible projects that would see Russia gain the upper hand in the race to exploit the Caspian’s vast energy reserves, lead to the end of cheap Eurasian natural gas, and dramatically undermine the impact of American sanctions on Iran. “…Kazakh President Nursultan Nazarbayev provided more details about […]
Read more »Via Energy Daily, news that China National Petroleum Corp (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad. Just a further example of China push into Africa’s oil & gas sector. Curious as to why other countries are not as aggressive on this continent. “A subsidiary of CNPC, […]
Read more »While Kazakhstan gets most of the press, perhaps the most interesting country in Central Asia – from a strategic hydrocarbon reserve perspective – is Turkmenistan. As this article notes, Turkmenistan’s vast natural gas stores are spurring a scramble between Russia, China, the U.S. and Europe for access to its reserves. “…Executives from Chevron Corp., Royal […]
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