<< met a man who was born in Hong Kong but managed several rigs in the North Sea in the late 70s and early 80s but I am not sure what you mean by this statement.>>
... i was referring to the legions who work in Sinopec, Sinochem, CNOOC and Petro China uniforms, in Chad, Sudan, Nigeria, Iran, Syria, Venezuela, Ecuador, etc
i trust they all report to the same guy up different chains of command, and i figure the oil investments are with the good hands people :0)
i believe the 4 state oil companies will be gaining on the western majors as far as oil reserves in shaky territory are concerned, given the state backing in finance and personnel.
Sell Exxon Mobile, sell Royal Dutch, along with BP that pays Maurice a pension, but buy Gazprom, Lukoil, Sino this and Sino that. The nature of the game is changing, and fast.
The USA government wants to help China, as
- Bush stops filling USA strategic reserve just as China starts filling its tanks
- Congress wants to breakup Big Oil so that they are hobbled in their global competition against the state oil companies of China, India, Russia, etc
Altruism, there is nothing like it :0)
<<Would that be kindler, gentler, bribery (sorry donations to worthy causes) to key individuals among the rebels. ;)>>
... imagine how much democracy USA could have built in Iraq and Afghanistan had it spent the 400 odd billion already gone and the 400 odd billion just budgeted in a slightly different way.
The rebellion is always strong, and China knows this to be true more than other nations, for it reincarnated by people power, comprised of the masses, suitably charged up, and using the countryside to surround the cities ...
In the case of Nigeria, either a calling card was just dropped on the table of the Chinese by way of a news story, or a new rebel group wants a cut of the flow.
Chugs, J |