Home>News Center>China
       
 

India, China to sign agreement on cooperation
(AP)
Updated: 2006-01-10 20:08

India and China, competing worldwide in their search for oil and gas reserves, will jointly bid for, explore and produce energy under an agreement to be signed this week, India's oil minister said Tuesday.

Petroleum Minister Mani Shankar Aiyar said at least five agreements are to be signed between Indian and Chinese companies, with seven others likely to be finalized during his January 12-13 visit to China.

"In all spheres of energy development, there is a great deal we could learn from China and perhaps something we could give them," Aiyar said.

The agreements provide for cooperation in exploration, production, storage and stockpiling, research and development and conservation, the petroleum ministry said in a statement.

On Monday, Chinese oil company CNOOC Ltd. said it bought a 45 percent stake in a Nigerian oil field after India's biggest oil company, state-owned Oil & Natural Gas Corp., backed out despite a winning bid. CNOOC paid US$2.3 billion (euro1.9 billion) for the stake.

Aiyar refused to state the reasons for India's decision to withdraw, although media reports say the Indian Cabinet opposed the deal, saying it wasn't commercially viable.

The announcement about the agreements came a day after Indian Foreign Secretary Shyam Saran met with Chinese Vice Foreign Minister Wu Dawei in Beijing in the second round of talks to settle border disputes and strengthen their emerging strategic partnership.

India and China have a four-decade boundary dispute that arose after their 1962 war. They are also economic and military competitors and have found themselves competing for oil and gas reserves around the world.

"This visit is the opening of a new chapter in our relationship ... it will lead to new levels of understanding," Aiyar told reporters.

Aiyar said the engagement would also help structure an oil and oil products market and possibly help bring down prices in Asia, the world's largest producer of oil and gas and the fastest growing consumer.

Aiyar said he was also open to discussing a pipeline project connecting India and China, a suggestion he has made in the past.

"This relationship is not only desirable but also feasible. On several occasions we find ourselves competing with Chinese firms," he said. He added that India and China still might compete, but without "destructive competition."



Heading home for festival
Anti-violence exercise in Chongqing
Residents enjoy watermelons in winter in Wuhan
  Today's Top News     Top China News
 

Catholicism flourishes in Yunnan's Tibetan village

 

   
 

India, China to sign agreement on cooperation

 

   
 

Researcher: China unlikely to sell dollars

 

   
 

China: human cases "likely to increase"

 

   
 

Scientists faked two papers but cloned dog

 

   
 

China: North Korea talks facing tough times

 

   
  Railway ticket prices to be increased during Spring Festival
   
  CNOOC taps into Nigerian resources
   
  Innovation 'holds key to progress'
   
  8th human case of bird flu reported
   
  China's Chery cars to make US debut in 2007
   
  'Cleaning up Songhua River is a priority'
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 中文字幕aⅴ在线视频| 亚洲精品乱码久久久久久蜜桃不卡| 欧美成人免费香蕉| 在线观看亚洲精品专区| 万古战神txt下载| 日本免费无遮挡吸乳视频电影| 亚洲人成77777在线观看网| 永久黄网站色视频免费直播| 免费永久国产在线视频| 美女被免费网在线观看网站| 国产国语在线播放视频| 免费在线观看h片| 国产精品哟哟视频| 91成人精品视频| 大学寝室沈樵无删减| √8天堂资源地址中文在线| 成年人免费观看视频网站| 久久国产亚洲电影天堂| 旧里番洗濯屋1一2集无删减 | 美女视频内衣脱空一净二净| 国产免费直播在线观看视频| 狠狠色欧美亚洲综合色黑a| 国产精品免费一区二区三区四区| 91精品久久久久久久久久小网站| 在线观着免费观看国产黄| taoju.tv| 好男人资源在线观看高清社区| 中文亚洲av片不卡在线观看| 无码专区国产精品视频| 久久亚洲综合色| 日本簧片在线观看| 久久精品国产99国产精偷| 最新浮力影院地址第一页| 亚洲JIZZJIZZ中国少妇中文| 果冻传媒李琼母亲| 亚洲va久久久噜噜噜久久狠狠| 欧美人与动人物乱大交| 亚洲乱人伦精品图片| 欧洲精品一卡2卡三卡4卡乱码| 亚洲av永久无码精品网站| 最近高清中文在线国语字幕|