June 6, 2012

Putin's Abject Beijing Energy Failure

Matthew Hulbert, Forbes


forbes

Thank goodness for that, Russia and China have got the obvious ‘deliverables’ from President Putin’s three day visit to Beijing out the way. Syria can act with impunity; Iran will get a free ride against Western inspired sanctions. Worn out lines about ‘sovereign rights of independent states’ will be trotted out, all while Beijing and Moscow can use bilateral relations to counter-balance ‘US influence’. All easy shots; but what Mr. Putin really needs to make his trip a success, are a raft of Sino-Soviet energy deals to gain credit on the Muscovite street. Putin’s problem? He stands no chance of getting them due to long standing pricing disputes.

Read Full Article ››

TAGGED: oil, China, natural gas, Vladimir Putin

RECOMMENDED ARTICLES

May 24, 2012
Chinese Energy: A Greener Shade of Grey
Tony Zhu, Morning Whistle
New report says renewables’ share of China’s energy use will rise, but predicts coal consumption up 35% and carbon emissions up 43% this decade.A new report, China energy: a greener shade of grey, from the Economist ... more ››
Tomorrow the U.S. Department of Commerce will announce its preliminary ruling on an “anti-dumping” petition filed by SolarWorld Industries America, Inc. against Chinese solar panel manufacturers. . . more ››
May 24, 2012
A Pathetic Pact for Safety on the Seas
Peter Brookes, New York Post
At a Senate Foreign Relations Committee hearing this morning, Team Obama will start its drive for ratification of the 1982 UN Law of the Sea Treaty — or LOST.Why push for a treaty that the country rejected decades ago? more ››
Solar manufacturing lobbyists have won the latest round of a trade war with China, but the entire solar industry could pay dearly for a victory that could see heavy US tariffs on Chinese solar panels make solar pricing... more ››
May 28, 2012
Chinese Energy Investment for the Brave Only
Zhu & Hua, Reuters
Private investors with the money and technology to unlock China's vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector. . . more ››