Article

2006-04-27 Caucasus/Russia/Central Asia

India agrees to invest in Uzbek energy fields

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Posted by Steve White 2006-04-27 00:00|| || Front Page|| [1 views since 2007-05-07] Top

#1 Ah yes, but how are you going to get the oil/gas from Uzbekistan to India? Any pipeline has to cross the territory of either Pakistan or China.

Posted by phil_b">phil_b 2006-04-27 08:04|| http://autonomousoperation.blogspot.com/]">[http://autonomousoperation.blogspot.com/] 2006-04-27 08:04|| Front Page Top

#2 Trading.

Any production is sold to China. India gets crude from a Chinese owned field from say, Sudan.

This is arrangement with Sakhalin field in Siberia which India funded some of the development. Oil goes to China or Japan and is traded for closer sources (the Persian gulf).

Posted by john 2006-04-27 15:50|| 2006-04-27 15:50|| Front Page Top

#3 So long as China chooses to honour the contract, of course.

Posted by trailing wife 2006-04-27 19:37|| 2006-04-27 19:37|| Front Page Top

#4 The oil can also go west or north.
Once it is in the oil pipeline grid, it can be traded for other nearby sources.

Posted by john 2006-04-27 19:57|| 2006-04-27 19:57|| Front Page Top

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