China tells U.S. not to meddle in ties with Iran

[Dover]

China tells U.S. not to meddle in ties with Iran
Posted 1/11/2007 3:20 AM ET E-mail | Save | Print | Subscribe to stories like this



BEIJING (AP) — China warned the United States on Thursday not to meddle in its trade relations with Iran after Washington expressed concern about a planned investment by a Chinese oil company in an Iranian gas field.
"We think this kind of cooperation and relationship is legitimate. Normal cooperation should not be interfered (with)," said Chinese Foreign Ministry spokesman Liu Jianchao. Asked whether that meant Beijing believed the United States was interfering in its dealings with Iran, Liu said: "This is our position."...>

http://www.usatoday.com/news/world/2007-01-11-china-iran_x.htm

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PetroChina in talks with Qatar, Iran, Australia on LNG supply


BEIJING (Bloomberg) — PetroChina Co, the nation’s largest oil company, is in talks with liquefied natural gas suppliers in Australia, Iran and Qatar to feed its proposed terminal in the northeastern port city of Dalian.

“We are still in talks with these companies, but I can’t predict when we will sign a final contract,” Xiao Desheng, deputy general manager of the Beijing-based oil company’s Dalian LNG project, said in a telephone interview.

PetroChina is building gas import terminals as demand for cleaner-burning fuels increases in the world’s fastest-growing major economy.

China wants natural gas to account for 8% of total energy needs by 2010 from about 3% now, to cut pollution and reliance on crude oil. PetroChina is awaiting the final approval from the National Development and Reform Commission to build the Dalian terminal, after the company obtained the commission's initial go-ahead a year ago, Xiao said...cont'd

http://www.tehrantimes.com/Description.asp?Da=1/10/2007&Cat=9&Num=4

[rfranklin]

1. This illustrates why we are in Iraq and want to attack Iran....

The real fight is with China and Russia over the oil fields.

[tom_paine]

5. Correct. World War III has not yet broken out into the open

However, if Little Boots Bushler keeps banging his apocalypse drum, it may yet break out into the open.

NATO (or more likely, just Bushler standing alone) against CSTO (if you haven't heard of it yet, Google it) for control of the last remaining rich oil fields.

[BR_Parkway]

6. Except that it's very difficult to shoot a guy while borrowing money

from him at the same time.

When push comes to shove, China could wipe out our economy in about 15 minutes. That's why the simple statement of "should not be interfered with" is enough for them to not have to worry about it anymore - some of this is simply window dressing for the crowds

[MGD]

10. I agree and I've been saying this for years. It's all about US competition with China.

I'm less concerned about Russia as a competitor in the 21st century global arena. They will, however, enable China to become a larger threat by selling them weapons technology. We'll aid China in this capacity by running a trade deficit with them. They're probably going to win and will be the dominant power of the 21st century. It's going to be an interesting century.

[Dover]

11. Waiting for China's move

Waiting for China's move

Friday, January 05, 2007

The question that defines Asian fuel oil markets this year may not be how many tonnes Chinese importers buy but where they choose to purchase them.
With shipments to the Asian utility and bunker markets likely to keep growing as Western and Russian refineries pump out far more residue oil than their countries can use, few analysts see hope for much recovery in fuel oil, which hit a record low discount of US$20 (HK$156) a barrel to crude last year.

The pressure may be even greater than fundamentals suggest. Major Chinese importers are poised to buy more fuel oil directly from Middle East and Western suppliers to keep costs down, leaving supplies in the key Singapore market in the lurch and leading to potentially severe price dislocation.

Growing demand for shipping fuel as world trade booms may not be enough to soak up the balance, some traders warn.

Fuel oil demand in Singapore, the world's largest bunkering port, has grown around 8 percent annually since 2002, government data show.

"The question remains whether there will be enough demand to sustain the increased volumes, with China becoming less of an option," an Asia- based fuel oil trader said..cont'd

http://www.thestandard.com.hk/news_detail.asp?we_cat=10&art_id=35432&sid=11593113&con_type=1&d_str=20070105

[ptolle]

12. don't forget somalia

Don't forget Somalia and the whole horn of Africa.
Good start on that situation here:http://www.netnomad.com/fineman.html
These next two years just cannot go too quickly.Plus we have got to stay on our senators and representatives to keep trying to get this back to being a country we can all be proud of for the right reasons.

[cornermouse]

2. From the halls of Montezuma

to the shores of Chi-n-a. We will fight our countries battles..... dah dum dah dum dah dee.

[Cobalt-60]

3. Iran's resources have no doubt already been staked out

By Sauron-Mobil for a friendly 75% of the take deal.
We can't have foreigners stealing our gas, can we?

[TZ]

7. no doubt that the oil in Iran will pay for the war..

just like in Iraq!:sarcasm:

[lapfog_1]

4. Ya know, i had this funny feeling.

While the pundits were gab festing and politicians were opining left and right about how much of a disaster it would be for us to withdraw... it hit me. What they are concerned about is that IF we leave, obviously Iran and the Shia will win most of Iraq, no matter how much money the Saudis promise. But the Saudis could spend enough money on weapons and such to make a contest of it... unless...

Bingo. China comes to the aid of their ally Iran and sends, oh say, 500,000 troops to Iraq. Supporting the government WE put into power there. Massive bloodshed as the Chinese won't be torn between two sides (the majority Shias and the Saudis) like the US. They will just let the Al-sadr brigades go on a killing spree. In return, China gets the oil contracts.

That's what the neocons are afraid of. And the Saudis. 500,000 Chinese troops massing on the Saudi borders, and this time the US will NOT come to the Saudis aid.

[paparush]

9. Insert Nukes Here...followed by the Age of the Cockroach

[paparush]

8. The Master is yanking the dogs chain...

[VegasWolf]

13. Well, that's it! Bush will have to crawl back into his corner. Thanks to Bush, the

American economy with its legions of outsourced manufacturing is completely dependent on China, Bush has to borrow 10 trillion dollars a year, primarily from China, and our military is broken down by the desert sands and poor morale. Way to go Bush, u da man!