Posted on 02/07/2005 1:29:35 PM PST by jb6
KHABAROVSK, February 4 (Itar-Tass) - Rosneft has begun deliveries of oil to China. The first tank cars were already dispatched there, Rosneft President Sergei Bogdanchikov stated here on Friday.
Russia and China have signed an intergovernmental agreement, in accordance with which the former is to deliver by rail to China in 2005 a total amount of ten million tons of petroleum. Beginning from 2006, the oil deliveries are to be increased up to fifteen million tons, the Rosneft president stated. There are enough resources to cope with this program, Bogdanchikov stated
Still plenty of oil/gas on the West Coast of Canada, though the BC gov. is reluctant to drill...so much for Job creation in BC, they want to run the whole province as a Provincial Park.
MD
Russia's oil market was never "ours" per say. The great bulk (almost all in fact - given that China still accounts for a miniscule portion of Russian exports) is exported to Europe.
Plenty in Alaska too - if the Congress would allow drilling.
Last I heard there was a ship trolling on the west coast and the snagged a big chunk of methane in ICE form, the modules are just down there...
China has been very busy; they just concluded 7 agreements (13 total MOUs, agreements, and statements) on this very subject with Canada. From http://www.chinadaily.com.cn/english/doc/2005-01/21/content_410893.htm :
China, Canada sign energy agreements
By Jiang Zhuqing (China Daily)
Updated: 2005-01-21 02:55
China and Canada agreed yesterday to take on the energy sector -- oil and gas, nuclear energy, energy efficiency and cleaner energy -- as "priority areas" of long-term mutual co-operation.
Premier Wen Jiabao (second right) and visiting Canadian Prime Minister Paul Martin (third right) talk during a signing ceremony at the Great Hall of the People yesterday. The two sides signed a joint statement to improve co-operation in international affairs, and a dozen other agreements and memoranda of understanding.
"China and Canada have decided to work together to promote co-operation in the oil and gas sector, including Canada's oil sands, as well as in the uranium resources sector," a statement issued yesterday during the visit of Canadian Prime Minister Paul Martin to China said.
The two nations will encourage respective enterprises to expand commercial partnerships, the Statement on Energy Co-operation in the 21st Century indicated.
The National Development and Reform Commission and Natural Resources Canada will maintain regular dialogue and exchanges of views. Contacts will be conducted through the Canada-China Joint Working Group on Energy Co-operation, under a 2001 memorandum of understanding (MOU) concerning co-operation in energy, the statement said.
The nations are promising to uplift their relationship to a new level by "focusing their efforts strategically in areas of greatest mutual advantage," a joint statement issued after a meeting between Premier Wen Jiabao and his Canadian counterpart Paul Martin said.
The sides have agreed upon a outline for the activities of a strategic working group that will try to identify and develop paths for broadening ties.
"The work of the group will initially focus on enhancing our partnership in the fields of multilateral co-operation, natural resources and energy, and trade and investment," the document said. It will also tackle global security and multilateral co-operation, prosperity and sustainable growth, as well as promote people-to-people ties.
"Significant development has been seen in our relationship in a wide-range of areas during the past few years," said Wen, when speaking to an a trade delegation of more than 300 entrepreneurs.
"There is a need for the two countries to deepen understanding between each other," said Wen, adding that Canada has great advantages in energy and minerals, while China has advantages in the production of electrical appliances, daily necessities and electrical and mechanical products.
The Canadian Prime Minister said Canada wishes to strengthen co-operation in natural resources, investment and other fields.
"The Canadian business committee are here not for short-term prospects... but for a long-term co-operation," said Martin.
A total of 13 statements, agreements and MOUs were signed between China and Canada, on co-operation in energy and minerals, culture, telecommunications and other sectors.
For example, China's Putian Corporation and Canada's Nortel signed a pact to set up a joint venture for research and development, manufacture and sale of 3G mobile telecommunications equipment and products in China.
"It signals a new level of co-operation between Putian and Canada's Nortel," said Xing Wei, president of Putian.
"It will position us to capitalize on the tremendous opportunities presented by China's rapidly growing wireless industry and significantly accelerate the internationalization of our 3G (third generation mobiles) offerings," Xing said.
Yes and the tar sands are in Alberta on the other side of the rocky mountains. Everyone is investing in them, there is an enormous amount of oil in the tar sands. There is tar shale on highway 3 through the rockies, everytime it freezes and thaws there is oil dripping out of the side of the road. I've seen it personally when I worked for Schlumberger geo services.
http://www.slb.com/
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