China Energy Needs May Cause Future Conflicts



Source: : Reuters, September 6, 2006
Situation
China gets 40%+ of its oil from abroad; most arrives by sea
China concerned about guaranteed supply of crude
Wants to boost overland supplies of oil; working w/ Russia to secure pipeline supplies
Russia would supply China w/ 15M tonnes of oil by rail
China actively pursuing alternatives to imported oil
Significant Points
China locked in dispute w/ Japan over how to develop gas fields in East China Sea
Investing in or aiding countries like Sudan for access to oil and gas supplies
Did about $8B worth of business w/ Iran who is in standoff w/ West over its nuclear program
China and Japan in race for long-promised crude pipeline from Russia
Says
"At the moment we are trying to rely on ourselves for energy supply and at the same time trying to find clean, alternative energy resources." -- Liu Jianchao, chief spokesman, Foreign Ministry, People's Republic of China

"At the same time, one of the purposes of China's diplomacy is to ensure a good international environment for China's development, so we work with partners all over the world for common interests." -- Jianchao

"We are ready to work with the United States, with the European Union, with our partners in the Middle East, for the safe supply of oil." -- Jianchao