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China wins permit to look for oil in Somalia
ft ^ | 7/15/07 | ft

Posted on 07/15/2007 8:27:41 PM PDT by Flavius

The Chinese state oil giant, CNOOC, has won permission to search for oil in part of Somalia, underlining China's willingness to brave Africa's most volatile regions in its hunt for natural resources.

Somalia has been a no-go area for US oil companies since it descended into anarchy in the early 1990s. This year the capital, Mogadishu, has seen its worst violence in 16 years as insurgents seek to topple a fragile interim government.

(Excerpt) Read more at ft.com ...


TOPICS: News/Current Events
KEYWORDS: china; energy; geopolitics; hegemony; oil; somalia

they do not care


1 posted on 07/15/2007 8:27:46 PM PDT by Flavius
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To: holdonnow; sono; rodguy911; Bahbah; Cannoneer No. 4; Cindy; SJackson

ping


2 posted on 07/15/2007 8:55:15 PM PDT by AliVeritas (I'd rather be in Gitmo under Bush, than a Davidian under Clinton. - Media Tycoon)
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To: Flavius

the chicoms wouldn’t bat an eye to killing any locals that get in their way


3 posted on 07/15/2007 9:00:10 PM PDT by Fitzcarraldo (Skip the Moon, go for Mars)
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To: Flavius

Hey, they’re kinda cute. I thought females were getting scarce in china?


4 posted on 07/15/2007 9:00:21 PM PDT by mamelukesabre (Those that can do, do. Those that can't do, teach. Those that can't do either, run for office)
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To: mamelukesabre

as far as female shortage in china

a world is an oyster


5 posted on 07/15/2007 9:07:25 PM PDT by Flavius
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To: Flavius

Good for the ChiComs. They may seek oil, but will perhaps find blood instead.

If they can restore some order to that nest of Pirates, good on them. If they pump some oil that feeds their growing economy, double good on them.


6 posted on 07/15/2007 9:11:38 PM PDT by donmeaker (You may not be interested in War but War is interested in you.)
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To: donmeaker

it will certainly give their blue water navy a stretch to patrol all their oil hubs in Valenzuela panama and maybe canada

yes yes good stuff


7 posted on 07/15/2007 9:13:59 PM PDT by Flavius
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To: AliVeritas

“China wins permit to look for oil in Somalia”

Wow! That’s great. If they hit oil, that will be one more foreign country we can buy oil from.

I am ecstatic over this. /s


8 posted on 07/15/2007 9:30:44 PM PDT by no dems (If there is no pressure, there is no change.)
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To: no dems

Heh What the heck would they use to step on the crude to sell it back to us.

Now if it was Japan they would just quadruple the price of a barrel.

Like when we use to export raw lumber and they’d sale it back to us at one heck of a profit.


9 posted on 07/15/2007 11:16:27 PM PDT by Global2010 ( Once I went Nanny Goat at the Ocean and then a Rip Tide hit me.)
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To: Flavius

“Somalia has been a no-go area for US oil companies since it descended into anarchy in the early 1990s.”

You can bet your butt that the Chicoms will go into Somalia spreading the wealth around in bribes and have the PLA to protect them. We can’t do that. The liberals would have a hissy fit.


10 posted on 07/16/2007 12:19:25 AM PDT by BBell
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To: BBell

and just like the old USSR, the ChiComs will enjoy a considerable degree of protection from widespread understanding of how utterly ruthless they will be in retaliation if anyone does harm their people. We are far too likely to pander and beg when our people are kidnapped or killed - we need a lot more Teddy Roosevelt (as in dealing with that Moroccan bandit who kidnapped an American.


11 posted on 07/16/2007 2:25:19 AM PDT by Enchante (Reid and Pelosi Defeatocrats: Surrender Now - Peace for Our Time!!)
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To: Flavius

It will be interesting to watch the welcome the chi-coms get from the locals.
If the chi-coms get drug through the streets do you think they will cut and run like Clinton did?


12 posted on 07/16/2007 3:49:47 AM PDT by Joe Boucher (An enemy of Islam)
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To: Enchante

I know what you mean about the USSR. I remember in the 80’s when some Russians were kidnapped in Lebanon and one of them was found dead. Somehow the Russians found out who the kidnappers were and kidnapped some relatives of the kidnappers and started sending the kidnapper’s fingers of their relatives. I guess it solved the problem. Few Russians were kidnapped when it was the Soviet Union. Our liberals would have a major hissy if we tried that. They had a hissy when our troops put panties on a terrorist head.


13 posted on 07/16/2007 12:13:07 PM PDT by BBell
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