Full Coverages>China>Wen Visits South Asia>News
   
 

China, India seek cooperation in global oil quest
(Shenzhen Daily/Agencies)
Updated: 2005-04-05 14:07

Chinese Premier Wen Jiabao will visit India this week with the race between the world's two most populous nations to secure the energy they need to fuel their growing economies likely to be on the agenda.

With rapidly growing oil demand and increasing dependence on imports — last year over 40 percent of China's crude and some 70 percent of India's came from abroad — the two countries have more than just their rivalry in common.

They are linked by similar business models, with cash-rich, State-controlled oil firms seen having more appetite for risk than companies beholden to earnings-conscious shareholders.

"Although there is competition, both sides share a common aim," said Zhou Fengqi, a high-level adviser in the Energy Research Institute of China's National Development and Reform Commission.

"There is a basis for cooperation between the two sides, because they are both developing countries with oil demand ... but the specifics of any cooperation still needs to be researched."

A deal could include agreements for each country to refrain from trying to buy certain assets to prevent bidding wars, or working on joint projects in areas of interest, analysts said.

"We are pitted against each other almost always to the advantage of the third country," Indian Oil Minister Mani Shankar Aiyar said.

Although Chinese and Indian companies are partners in Sudan's Greater Nile Project, widespread cooperation could be a long way off with both countries on a global prowl for assets.

"The Chinese in particular, I think, would be reluctant to start excluding themselves from ... areas of certain countries just so they could avoid having Indians bidding on one or two assets," said Gavin Thompson, a Beijing-based analyst with Wood Mackenzie.

"It’s just a little bit too competitive for that to happen."

If China and India can’t cooperate over oil and gas deposits, there may still be a future for lower-level cooperation.

"Both countries have large populations without access to modern forms of energy and we need to work together developing technologies appropriate for rural areas," said R. K. Pachauri, director general of the Energy and Resources Institute in New Dehli.

Cleaner coal-burning techniques would offer another opportunity for cooperation, but neither side had promoted this kind of deal amid the jostling about overseas oil resources, he said.

 
  Story Tools  
   
 
     
主站蜘蛛池模板: 欧美人与物VIDEOS另类| 色久悠悠婷婷综合在线亚洲| 在线观看国产精品麻豆| 中文字幕最新在线| 日韩欧美一区二区三区免费看 | 国产精品中文久久久久久久| 99在线精品视频| 女人是男人的未来的人| 中文字幕乱码中文乱码51精品| 日韩一区二区三区在线| 国产在线高清视频无码| 182tv免费视视频线路一二三 | 理论片午午伦夜理片影院99| 啦啦啦最新在线观看免费高清视频| 高清国产av一区二区三区| 国产福利不卡视频| 3d动漫精品一区二区三区| 在线观看国产一区二区三区| www.天天色.com| 少妇人妻偷人精品一区二区 | 熟女性饥渴一区二区三区| 全彩里番acg海贼王同人本子| 美女视频黄a视频全免费网站一区| 国产亚av手机在线观看| 骆驼趾美女图片欣赏| 国产成人手机高清在线观看网站| www.欧美色图| 情人伊人久久综合亚洲| 中文字幕天堂网| 收集最新中文国产中文字幕| 久久久无码精品亚洲日韩蜜桃| 欧美黑人5o厘米全进去| 人间**电影8858| 男人扒开女人下面狂躁动漫版| 免费无码又爽又黄又刺激网站| 精品国产一区二区三区AV性色| 天堂中文www资源在线| 四虎成人精品在永久在线观看| 手机看片国产福利| 国产精品国产国产aⅴ| 538视频在线观看|