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Keyword: chinesesubs

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  • Subs That Fear Going To Sea

    10/22/2009 9:53:36 PM PDT · by ErnstStavroBlofeld · 53 replies · 2,002+ views
    The Strategy Page ^ | 10/21/2009 | The Strategy Page
    China recently announced the decommissioning of "Submarine 303." This was a Type 33 boat (a copy of the Russian Romeo class). Romeo was the successor to the Russian Whiskey class boats, which were, in turn, based on the German Type XXI. The German design first showed up in 1943, and was the first modern submarine, in that it was designed to spend most of its time underwater (with just the snorkel device and periscope above water, to bring in air for the diesel engine and crew). The Type XXI was a 1,600 ton (on the surface) sub, compared to the...
  • The Asian giants compete for energy

    03/04/2005 10:08:03 AM PST · by Bald Eagle777 · 7 replies · 529+ views
    Financial Times (FT.com) ^ | March 3, 2005 | Victor Mallet
    China National Offshore Oil Corporation is considering a nearly $14bn (£7bn, €10.6bn) takeover of Unocal of the US. Sinopec, another Chinese state-controlled oil group, has struck a $70bn deal to buy Iranian crude oil and liquefied natural gas over three decades. China has sent $6bn to Rosneft, the Russian company that bought the main production unit of the embattled Yukos oil group, as advance payment for oil supplies. India has just reached a $40bn agreement to import LNG from Iran and develop Iranian oilfields, and is promoting pipeline projects to bring oil and gas across neighbouring countries to supply its...