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| China-Japan-Koreas |
| China's Changing Oil Calculus |
| 2013-11-13 |
| h/t Instapundit Last month, China and Russia announced an $85 billion equity deal to jointly develop Russia’s east Siberian oil resources for export to China in an unprecedented agreement between the two countries. This comes on the heels of Chinese president Xi Jinping’s tour of Central Asia to forge closer trade ties with Kazakhstan, Uzbekistan, Turkmenistan and Kyrgyzstan. Promoting a “New Silk Road” of regional commerce, he spoke illustriously of “camel bells echoing in the mountains” and “wisps of smoke rising in the desert” as in the days of yore. Although much less romantic, “Hydrocarbon Highway” more aptly describes Xi’s vision. In recent weeks, China has signed nearly $100 billion in energy contracts to increase Chinese access to the abundant petroleum resources of Central Asia. A major advantage of obtaining oil from Siberia and Central Asia is that it could travel to China overland—and thus beyond the reach of U.S. naval power. As long as it doesn't come from oil ticks |
| Posted by:g(r)omgoru |
| #3 But this should make the eco-nuts giddy as they can point to this as the reason to quit mining and shipping Powder River Basin coal to China through the Northwest and not need to build any coal terminals for the BNSF to deliver to. Won't stop them from creating a vast could of pollutants that will eventually drift our way, but it won't be U.S. coal that done it! |
| Posted by: USN, Ret. 2013-11-13 23:32 |
| #2 The real reason is to lower the dependence on oil from ME sources. The US interrupting China's oil would be basically an act of war. I think China is getting weary of dealing with the likes of Saudi Arabia and Iran. They are a bit.....psychotic? |
| Posted by: Alaska Paul 2013-11-13 20:52 |
| #1 A major advantage of obtaining oil from Siberia and Central Asia is that it could travel to China overland--and thus beyond the reach of U.S. naval power. ..and the bulk of the Russian land forces which are farther west. |
| Posted by: Procopius2k 2013-11-13 17:59 |