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PetroChina to ink new orimulsion deal with Venezuela-(do you feel outmaneuvered?_)
reuteurs ^ | 5/8/08 | REUTERS

Posted on 05/08/2008 5:00:46 PM PDT by Flavius

BEIJING: PetroChina said on Tuesday it will sign a framework deal with Venezuela this week to jointly explore for orimulsion fuel in the Latin American nation and build a new refinery to process the heavy oil in China.

This follows more than a year of negotiations as the Chinese oil major sought compensation after Caracas forfeited a long-term supply pact of the heavy boiler fuel.

(Excerpt) Read more at economictimes.indiatimes.com ...


TOPICS: News/Current Events
KEYWORDS: china; negotiator
so yet again China is securing their oil without firing a shot

we have tax rebates they are squeezing out our multinationals that are multimedia tanted

and are slipping right into the drill hole, every granola eating clown should be happy its what they wanted

1 posted on 05/08/2008 5:00:46 PM PDT by Flavius
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To: Flavius

kudos masters

2 posted on 05/08/2008 5:02:09 PM PDT by Flavius (war gives peace its security)
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To: Flavius

Look on the bright side! In a war with China, we can always take out their petroleum supply.


3 posted on 05/08/2008 5:08:22 PM PDT by SatinDoll (Desperately desiring a conservative government.)
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To: SatinDoll

i just feel run by negotiators

if you know what i mean


4 posted on 05/08/2008 5:10:23 PM PDT by Flavius (war gives peace its security)
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To: Flavius

The ‘former’ Communist Bloc is taking their energy hegemony very seriously while we pander with the ecowhackos.


5 posted on 05/08/2008 5:15:22 PM PDT by Smokin' Joe (How often God must weep at humans' folly.)
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To: Smokin' Joe

i am almost certain there was this place called Japan that ran out of oil in world war II

next thing , there where bunch of zeros flying over


6 posted on 05/08/2008 5:16:48 PM PDT by Flavius (war gives peace its security)
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To: Flavius

And nobody saw this coming when Hugo started to squeeze out the US and European oil cos.? Everybody on FR told me I was crazy, that it was too expensive to sell to the Chinese and ship the oil all the way to China. Right!


7 posted on 05/08/2008 5:59:15 PM PDT by penowa
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To: Smokin' Joe
"The 'former' Communist Bloc is taking their energy hegemony very seriously while we pander with the ecowhackos."

Our legislators are lining their pockets to NOT permit us to develop our own resources in the name of phony environmentalism, while turning a blind eye to our enemies as they deny us theirs. All our wounds are self-inflicted by the traitors in both parties we keep returning to D.C.

8 posted on 05/08/2008 6:07:20 PM PDT by penowa
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To: Flavius
Yep. Natural resources will always be a bone of contention if in short enought supply, and the means of utilizing them a strategic target in a war.

The refinery complex at Ploesti (sp?) was more heavily defended by anti-aircraft batteries than Berlin.

9 posted on 05/08/2008 6:48:14 PM PDT by Smokin' Joe (How often God must weep at humans' folly.)
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