aa@edward Post time 2012-1-13 22:04:03

China to boost Central Asia energy ties: Well done?

This post was edited by aa@edward at 2012-1-13 22:04

There is no better time than now to raise the stakes among neighbours to jointly invest and develop for mutual benefits instead of depending on distant resources of anything "NATO" affiliated because:
Right or wrong: All nato guys & arab oil sellers will listen to the USA since all of them need to depend on it for 'something wmd'; and also for defensive shelters or those Missile Shields as sinners would tend to behave. As the containment policy of the USA is tightening around the neck of China in the Asia_Pacific rim, the forced calling of sanctions against Iran and stopping of a big Chinese oil company (as rumoured) is prematurely very explosive. Hence, China must develop oil and natural resources with its neighbours.  DOES IT MAKE SENSE?


China to boost Central Asia energy ties
BEIJING - China will continueto expand energy ties with Central Asian countries, which have proven to be afruitful model of mutually beneficial cooperation, a senior Chinese diplomatsaid on Thursday.

Zhang Hanhui, director-general of the Foreign Ministry's Department ofEuropean-Central Asian Affairs, said the Central Asian economy showed strongmomentum last year with 7 percent growth in GDP, and cooperation betweennations in the region and China has great potential to be upgraded to a newlevel.

Chinese energy enterprises have participated in oil and gas development inKazakhstan, Turkmenistan and Uzbekistan, he said.

China and Turkmenistan signed agreements in July 2007 under which the CentralAsian nation would supply 30 billion cubic meters of gas to China annuallythrough pipelines for 30 years.

In November, Turkmen President Gurbanguly Berdymukhamedov said thatTurkmenistan plans to expand its natural gas supply to China to 65 billion cu mannually via pipelines.

The gas is shipped through the China-Central Asia pipeline, which originates inTurkmenistan and goes through Uzbekistan and Kazakhstan before connecting withChina's second west-east gas pipeline, which starts in the Xinjiang Uygurautonomous region and ends in Hong Kong, with a total length of 8,704 km.The Central Asian economy hasrecovered to the pre-crisis level, Zhang said, adding that progress has beenmade toward regional integration between Central Asia and Russia.

The Customs Union of Belarus, Kazakhstan and Russia, free trade area agreementsin the Commonwealth of Independent States, and Russia's accession to the WorldTrade Organization will further deepen and broaden regional economiccooperation, he said.

China-Russia energy cooperation also made groundbreaking achievements,including an oil pipeline linking Russia's Far East and Northeast China thatbecame operational at the beginning of 2011.

It is expected to transport 15 million tons of crude oil from Russia to Chinaby the end of 2012, and 300 million tons over the next 20 years, Zhang said.

However, the two countries have failed to reach a final agreement on a naturalgas supply deal due to differences over pricing.

"It is natural for the buyer and seller to argue for a favorable price forthemselves, but both sides will maintain energy cooperation based on equality,mutual trust and understanding," he said.

China and Russia also boosted cooperation in areas such as nuclear power andaerospace, he added.

Official figures show China's trade with Russia, Kazakhstan, Kyrgyzstan,Tajikistan and Uzbekistan reached $86.8 billion in 2010, up more than sevenfoldcompared with 2001.

Kazakhstan has always advocated equal and mutually beneficial cooperation withRussia and China, said Konstantin Syroezhkin, chief researcher at theKazakhstan Institute for Strategic Studies.

China-Russia trade increased from about $8 billion in 2000 to nearly $56billion in 2010, and China is now Russia's biggest trading partner.

China and Russia face similar tasks in the future, focusing on domestic reformand development, said Pang Dapeng, an expert on Russian politics with theChinese Academy of Social Sciences.

As big neighboring countries, both countries have to strengthen cooperation ina bid to realize these important tasks, he said.

CVHuan Post time 2012-1-15 16:25:54

This post was edited by CVHuan at 2012-1-15 02:26

Unfortunately, some neighbors have big disputes with China on the South China Sea and East China Sea.

aa@edward Post time 2012-1-15 17:54:01

CVHuan Post time: 2012-1-15 16:25 static/image/common/back.gif
Unfortunately, some neighbors have big disputes with China on the South China Sea and East China Sea ...

Yes, very sad, that some of them are doing that to get heaps of kickbacks while their commoners at home are suffering badly; and of course risking another arab spring where even a tough nato ally like muba...k is landed ... !!

They do that to live a dog-life never seems ending being dogged anyway you can put it; so very sad again!

Mishao Post time 2017-8-23 20:28:57

China and Russia need to bring a military presence to CA as the US is building chemical weapons depots in the region.
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