Crosswords0 min ago
What can we learn from China?
http://www.bbc.co.uk/news/business-16336453
After spending £bns not to mention the huge loss of life including civilians the Chinese step in and get the spoils.
After spending £bns not to mention the huge loss of life including civilians the Chinese step in and get the spoils.
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Not far short of the truth Zacs
A market consuming some seven million barrels a day (3 times UK). The Daqing field, once the world's 4th largest, really on the decline, no major new finds, smidges in Xinjiang, East China Sea, Yellow Sea and S China but that, veru small short term flow fields. Some gas in the Ordos Fields in Sichuan but not easy to get at with the colossal amounts of loess over the rocks....and therefore they have to come offshore. And Afghanistan will not be easy, given the transporting of crude (if economic)......their refining is better equipped now to handle more difficult crudes with sulphur in though....
A market consuming some seven million barrels a day (3 times UK). The Daqing field, once the world's 4th largest, really on the decline, no major new finds, smidges in Xinjiang, East China Sea, Yellow Sea and S China but that, veru small short term flow fields. Some gas in the Ordos Fields in Sichuan but not easy to get at with the colossal amounts of loess over the rocks....and therefore they have to come offshore. And Afghanistan will not be easy, given the transporting of crude (if economic)......their refining is better equipped now to handle more difficult crudes with sulphur in though....
This could have a huge impact on the middle east as a whole, not to mention putting a massive strain on Chinese American relations, we have seen only recently the increase of US troops in far east to "monitor" China's activities in that area. Wouldn't be surprised in the slightest if there was a war between the US and China in the not too distant future.....
Chinese investment in Afghanistan is nothing new, and they have been involved with the Afghan owned conglomerate, the Watan Group most notably to extract steel.
http://www.watan-group.com/steel?php
The Chinese have large amounts of money to invest (we haven't) and Afghanistan has resources which need large amounts of money to exploit.
And there may be no spoils to take. No sizable oil fields currently exist in Afghanistan, and non may exist. The Chinese are desperate for oil to fuel their industry, and this is a punt on a possible new source, but could quite easily be a futile quest.
British and American companies are more interested in piping oil through Afghanistan from neighbouring landlocked companies. That is a better bet than hoping there may be oil there.
http://www.watan-group.com/steel?php
The Chinese have large amounts of money to invest (we haven't) and Afghanistan has resources which need large amounts of money to exploit.
And there may be no spoils to take. No sizable oil fields currently exist in Afghanistan, and non may exist. The Chinese are desperate for oil to fuel their industry, and this is a punt on a possible new source, but could quite easily be a futile quest.
British and American companies are more interested in piping oil through Afghanistan from neighbouring landlocked companies. That is a better bet than hoping there may be oil there.
Your question is a decade too late Rov1200. From 2002...
// Chinese executives from Shanghai have formed the Sino-Afghan Steel Co. to build a smelter in Kabul, and Afghan American steel executive Temoor Sidiqi, who emigrated in 1970 with his family, is trying to form a consortium to build a $200-million project that would start operations as a smelter but evolve into a full-fledged steel mill using iron ore from untapped mines in Bamiyan province. //
http://articles.latim.../business/fi-tanks8/2
// Chinese executives from Shanghai have formed the Sino-Afghan Steel Co. to build a smelter in Kabul, and Afghan American steel executive Temoor Sidiqi, who emigrated in 1970 with his family, is trying to form a consortium to build a $200-million project that would start operations as a smelter but evolve into a full-fledged steel mill using iron ore from untapped mines in Bamiyan province. //
http://articles.latim.../business/fi-tanks8/2
87 million barrels of reserves?
That's nothing!
Oil reserves are normally in billions
http://lugar.senate.g...wide_Oil_Reserves.gif
I don't think Saudi Arabia will be panicking yet it is 0.0003 of their reserves
That's nothing!
Oil reserves are normally in billions
http://lugar.senate.g...wide_Oil_Reserves.gif
I don't think Saudi Arabia will be panicking yet it is 0.0003 of their reserves
"You have put the answer in a nutshell JNO. No wonder Britain has slipped to 6th in the world rankings behind Brazil. Many of the other contributors fail to see the point "
I certainly didn't see the point of your question. Although I got the impression you were complaining that Britain wasn't getting the "rewards" for all that "investment" in Afghanistan.
I certainly didn't see the point of your question. Although I got the impression you were complaining that Britain wasn't getting the "rewards" for all that "investment" in Afghanistan.
Icheria its well known we have taken part in three wars recently if you include Libya. We have hoped to foster better relations with each by sending in heavy weaponry and ground support. Our foreign policy is in tatters because in each they couldn't wait to see the back of us.
However China uses soft diplomacy to get what it wants, makes no enemies from any of the competing factions and is much richer as a result.
We will never learn from this!
However China uses soft diplomacy to get what it wants, makes no enemies from any of the competing factions and is much richer as a result.
We will never learn from this!
"Icheria its well known we have taken part in three wars recently if you include Libya. We have hoped to foster better relations with each by sending in heavy weaponry and ground support. Our foreign policy is in tatters because in each they couldn't wait to see the back of us."
Sorry, but I don't see that at all.
We've actually taken part in 5 "wars" in the recent past, if you count Sierra Leone and Kosovo. Owing to the success of those campaigns Britain is actually rather popular in both those territories. I say no more than that.
Similarly Libya - I think you'll find the average Libyan is rather grateful to us for the role played in divesting them of Gaddafi. Iraq was a disaster which we should not have got involved in, but again, it depends who you ask as to what sort of response you get from people there. Similarly Afghanistan. We have better relations with both those countries' governments than we would have had had we not been involved, not that that of course, is any justification.
There are those who COMPLAIN that the UK is only getting involved out of self-aggrandizement, but here you are seemingly suggesting that that should be the only reason, or that at least it should be our "reward".
"However China uses soft diplomacy to get what it wants, makes no enemies from any of the competing factions and is much richer as a result"
Yes, but what China wants and what Britain is doing are not the same thing. China is a huge, effectively totalitarian state with enough mini-wars of oppression going on within its own borders. The Chinese care not about human rights, nor do they see themselves as threatened by certain events abroad. If they did you can be damn sure they'd be off to do some "hard" diplomacy with the best of them.
Sorry, but I don't see that at all.
We've actually taken part in 5 "wars" in the recent past, if you count Sierra Leone and Kosovo. Owing to the success of those campaigns Britain is actually rather popular in both those territories. I say no more than that.
Similarly Libya - I think you'll find the average Libyan is rather grateful to us for the role played in divesting them of Gaddafi. Iraq was a disaster which we should not have got involved in, but again, it depends who you ask as to what sort of response you get from people there. Similarly Afghanistan. We have better relations with both those countries' governments than we would have had had we not been involved, not that that of course, is any justification.
There are those who COMPLAIN that the UK is only getting involved out of self-aggrandizement, but here you are seemingly suggesting that that should be the only reason, or that at least it should be our "reward".
"However China uses soft diplomacy to get what it wants, makes no enemies from any of the competing factions and is much richer as a result"
Yes, but what China wants and what Britain is doing are not the same thing. China is a huge, effectively totalitarian state with enough mini-wars of oppression going on within its own borders. The Chinese care not about human rights, nor do they see themselves as threatened by certain events abroad. If they did you can be damn sure they'd be off to do some "hard" diplomacy with the best of them.
some people say the Chinese government plays a huge chess and the citizens never know why and how it goes. we are in the chess, one of the chess. the leaders stand on the shoulders of China. A common person can not know whether it is good or not. The government helps more other countries, yeah, they have large amounts of money...
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