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2007-05-03 India-Pakistan

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Posted by Sherry 2007-05-03 11:31|| || Front Page|| [3 views since 2007-05-07] Top

#1 It is also the question of oil (and gas).
China has totally beaten India in the contest for oil and gas reserves. While Chinese oil companies have been buying up exploration blocks, Indian state companies have been hobbled as they needed approvals. While China may have paid more than the fair price, they at least have the oil and gas fields. India does not.

China can also buy Uranium on the international market. India cannot. So no expansion of nuclear power.

So the deals for Iranian oil and gas fields are very important for India. Gas is supposed to delivered by both LNG and pipeline.

The pipeline deal of course will give Pakistan a powerful weapon against India

Posted by John Frum 2007-05-03 11:51|| 2007-05-03 11:51|| Front Page Top

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