From Asia Times, two articles about competition between China and Japan over a Russian oil pipeline. In “China beats Japan in Russian pipeline race,” John Helmer writes: Despite pressure from the government and oil importers in Tokyo for priority in Russian crude deliveries to Japan, Russia’s new eastern oil pipeline will first deliver crude oil […]
According to a report in Asia Times, India has made a deal to buy natural gas and develop oil fields in Iran, which may influence relations between New Delhi and Beijing: “The deal puts energy rivals India and China in partnership in Tehran, and turns the focus back on a proposed Iran-Pakistan-India pipeline. In signs […]
Russian officials announced that Chinese National Petroleum Company could take a 20% stake in a key subsidiary of Russia’s embattled Yukos oil company. Yuganskneftegas was recently purchased by the state-owned Rosneft, which is planned to merge with Gazprom. Yukos’ chief, Mikhail Khodorkovsky, was arrested on corruption charges last year. See reports in the New York […]
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