View Full Version : China invests 6 billion dollars in Sudan’s oil
caco500
11-07-2007, 08:14 AM
China invests 6 billion dollars in Sudan’s oil
Tuesday 6 November 2007 05:30.
November 5, 2007 (KHARTOUM) – The total amount of the Chinese investments in Sudan the field of petroleum have reached more than six billion dollars in Sudan in the past decade at around 14 oil projects, a Sudanese diplomat said.
Ambassador at the Ministry of Foreign Affairs, Ali Yousif, Ali Yousif gave a paper Monday at a workshop organized on the "challenges facing peace in Sudan" which was organized by the Middle East Studies Centre in collaboration with the Beijing-based International Relations Studies Institute.
He said that China has so for provided five preferential loans to Sudan amounting to 184 million dollars. He also reviewed progress of the commercial cooperation between Sudan and China has jumped from 74 million dollars in 1989 to 3.9 billion dollars in the year 2005.
Yousif indicated that Sudan is considered the third commercial partner of China in Africa, only preceded by Angola and South Africa, the official SUNA reported.
The most important venture undertaken by China in Sudan is Merowe Dam project, which is regarded as one of the biggest project implemented by Sudan throughout its history at a cost of 1.5 billion dollars.
The Sudanese diplomat recommended that a higher council be formed for the promotion of the Sudanese - Chinese relations. This council would be chaired by the Vice - President of the Republic in both countries, the further said.
(ST)
My dad is there on an official tour these days. He says the natural resource money is just starting to come in and if the trend contineus then we will be looking at a hell of a lot of money. Good for us!!
pacifist
11-07-2007, 12:42 PM
...we will be looking at a hell of a lot of money. Good for us!!
You in the oil business?
You in the oil business?
Military. They have shown willingness to buy from us, because we are selling to them at cut down rates as a show of friendship. But then there are a lot of other Military and civilian contracts where it balances out.
2Sheds_Jackson
11-07-2007, 01:32 PM
As China invests so heavily in Africa, won't they have to eventually drop their de facto policy of non-interference? Up to this point, they've never deployed their military in large numbers to far-flung locations to protect their interests - won't investments like this mean that they'll eventually have to?
so in a certain way they are sponsorizing war in Darfur? no offense to Chinese members
As China invests so heavily in Africa, won't they have to eventually drop their de facto policy of non-interference? Up to this point, they've never deployed their military in large numbers to far-flung locations to protect their interests - won't investments like this mean that they'll eventually have to?
Its all changing and pretty soon we will se them come out of it big time.
so in a certain way they are sponsorizing war in Darfur? no offense to Chinese members
There are so many ppl sponsoring that war that it boggels the mind. And most are allies of the west hence west refrains from serious action.
Prepare plans for maritime blockade of Sudan if anything happens with China (like a Taiwan invasion or tensions)
At least the Djibouti base is "not too" far away...
2Sheds_Jackson
11-07-2007, 02:11 PM
Its all changing and pretty soon we will se them come out of it big time.
That would be fine by me. I'd like nothing better than to see China's hand be forced - as they're made to invest massively into efforts to promote stability in Africa and the ME along with the rest of us. More importantly, it will also mean they'll eventually have to stop playing both sides of the fence and selling pointy things to bad people who happen to have money.
That would be fine by me. I'd like nothing better than to see China's hand be forced - as they're made to invest massively into efforts to promote stability in Africa and the ME along with the rest of us. More importantly, it will also mean they'll eventually have to stop playing both sides of the fence and selling pointy things to bad people who happen to have money.
Yes but I would concider the outlook not that bright for the west.
2Sheds_Jackson
11-07-2007, 02:20 PM
Yes but I would concider the outlook not that bright for the west.
Why? Who do you think is contracting all those factories in China, and buying the resulting goods? We're attached at the hip.
Why? Who do you think is contracting all those factories in China, and buying the resulting goods? We're attached at the hip.
Well they will sidline the west in afrika or atleast North Afrika. And you will still be contracting those factories.
Them CHINESE have us hooked to cheap goods like coke.
2Sheds_Jackson
11-07-2007, 03:13 PM
Well they will sidline the west in afrika or atleast North Afrika. And you will still be contracting those factories.
Them CHINESE have us hooked to cheap goods like coke.
No doubt. But it's not like the West doesn't have the means to engage in Africa if they wanted to. They just figure its too much trouble. The same thing will happen that always happens - the money will flow in, the various governments will arm up, everybody will start fighting, somebody will have to intercede etc. It's not like it hasn't been tried before. Why is it that oil is always hiding under the most troublesome areas?
muttbutt
11-07-2007, 03:16 PM
No doubt. But it's not like the West doesn't have the means to engage in Africa if they wanted to. They just figure its too much trouble. The same thing will happen that always happens - the money will flow in, the various governments will arm up, everybody will start fighting, somebody will have to intercede etc. It's not like it hasn't been tried before. Why is it that oil is always hiding under the most troublesome areas?
God's way of teaching us to get alongp-)
caco500
11-07-2007, 03:48 PM
My dad is there on an official tour these days. He says the natural resource money is just starting to come in and if the trend contineus then we will be looking at a hell of a lot of money. Good for us!!
Hello MG-3,
I dont know if your dad visited Khartoum 5 years ago,but the difference in construction,building,infrastructure,roads,goods,hostel is striking.Oil has made a lot of change, there is even some bangali workers now,imagine :roll:
Did your dad tells you that its only to sell military hardware, or there would be cooperation in military construction because each there are a lot of iranian,chinese,russian equipment built in Khartoum,and recently defence minister said that all weapons buying will be linked to military production here in Sudan.
http://www.mic.sd (http://www.mic.sd/)
http://sudaninside.com/military-industry-corporation/
I can't think of a name
11-07-2007, 03:58 PM
When China has to force its hands and deploy troops overseas it will be interesting. They don't have near the ability the US does in terms of a Navy that can project power around the globe. If their deployed troops get attack by a random regional power I think that China will have no way to support them and win. If China was in Iraq right now Iran could cut off the Gulf and rain missiles down on them. The Chinese would have no defense from that.
Dasein
11-07-2007, 04:37 PM
Of course, if China finds itself in a situation where it has to project force, it could very well prompt China to develop a real Navy capable of such projection. While it may not be a match for the US Navy, China could certainly develop sufficient naval forces to enforce it's will globally against less powerful states.
One should also not discount the use of PMCs and outright mercenaries. If you lack the ability to send your guys over, just hire some local talent to do the job for you.
Ordie
11-07-2007, 07:21 PM
In some ways this is good.
For every barrel of oil China develops in the Sudan on its own, it is one less barrel of oil it does not buy in the global market, thus keeping prices in check for the rest of us.
lenovo
11-07-2007, 11:49 PM
so in a certain way they are sponsorizing war in Darfur? no offense to Chinese members
Business is business. Chinese don't like interfere in the affairs of others, no matter which country it is.
Plus, the U.S already occupies/invades most of the oil countries, so there are not too many choices for China.
Ordie
11-08-2007, 12:38 AM
Plus, the U.S already occupies/invades most of the oil countries, so there are not too many choices for China.
Not true.
70% of all oil reserves are in countries with nationalized industries. (Mexico, Venezuela, Saudi, Iran, Russia).
Therefore the Chverons, Agip, BP, Esso, and Shell of the world are no longer the price setter but price takers. China is in the same boat as a price taker unless they can find oil idependently.
China can no longer afford to conduct quiet diplomacy. As the world gets more interdependant, people are more aware about China's role in the world,and will demand and expect a level of responsibility on China's part.
Vettec
11-08-2007, 07:57 AM
No doubt. But it's not like the West doesn't have the means to engage in Africa if they wanted to. They just figure its too much trouble. The same thing will happen that always happens - the money will flow in, the various governments will arm up, everybody will start fighting, somebody will have to intercede etc. It's not like it hasn't been tried before. Why is it that oil is always hiding under the most troublesome areas?
Maybe its the other way around, its troublesome because the oil is there.
Vettec
11-08-2007, 08:04 AM
Of course, if China finds itself in a situation where it has to project force, it could very well prompt China to develop a real Navy capable of such projection. While it may not be a match for the US Navy, China could certainly develop sufficient naval forces to enforce it's will globally against less powerful states.
One should also not discount the use of PMCs and outright mercenaries. If you lack the ability to send your guys over, just hire some local talent to do the job for you.
I think thats what China has been trying to do for the last 20 yrs, although they had alow start, i think they are getting there. The chinese navy will have great power projection in 10 yrs or more. specially with their ever increasing defence budgets. still not a match for the US, but non the less it will give others something to think about. Their main obstacle remains to be Aircraft carriers. but soon enough they will be rolling these off.
No doubt. But it's not like the West doesn't have the means to engage in Africa if they wanted to. They just figure its too much trouble. The same thing will happen that always happens - the money will flow in, the various governments will arm up, everybody will start fighting, somebody will have to intercede etc. It's not like it hasn't been tried before. Why is it that oil is always hiding under the most troublesome areas?
What fun would a satble(Cananda) oil producing area bep-).
Hello MG-3,
I dont know if your dad visited Khartoum 5 years ago,but the difference in construction,building,infrastructure,roads,goods,hostel is striking.Oil has made a lot of change, there is even some bangali workers now,imagine :roll:
Did your dad tells you that its only to sell military hardware, or there would be cooperation in military construction because each there are a lot of iranian,chinese,russian equipment built in Khartoum,and recently defence minister said that all weapons buying will be linked to military production here in Sudan.
http://www.mic.sd (http://www.mic.sd/)
http://sudaninside.com/military-industry-corporation/
He tells of the extreme poverty but says there are a lot of new construction going. Stuff about the military is what I've been saying all along but hopefully the Iranians will be out of the picture before the years ends.
No doubt. But it's not like the West doesn't have the means to engage in Africa if they wanted to. They just figure its too much trouble. The same thing will happen that always happens - the money will flow in, the various governments will arm up, everybody will start fighting, somebody will have to intercede etc. It's not like it hasn't been tried before. Why is it that oil is always hiding under the most troublesome areas?
What fun would a satble(Cananda) oil producing area bep-).
Hello MG-3,
I dont know if your dad visited Khartoum 5 years ago,but the difference in construction,building,infrastructure,roads,goods,hostel is striking.Oil has made a lot of change, there is even some bangali workers now,imagine :roll:
Did your dad tells you that its only to sell military hardware, or there would be cooperation in military construction because each there are a lot of iranian,chinese,russian equipment built in Khartoum,and recently defence minister said that all weapons buying will be linked to military production here in Sudan.
http://www.mic.sd (http://www.mic.sd/)
http://sudaninside.com/military-industry-corporation/ (http://sudaninside.com/military-industry-corporation/[/quote)]
He tells of the extreme poverty but says there are a lot of new construction going. Stuff about the military is what I've been saying all along but hopefully the Iranians will be out of the picture before the years ends.
jennery587
11-08-2007, 01:48 PM
I think thats what China has been trying to do for the last 20 yrs, although they had alow start, i think they are getting there. The chinese navy will have great power projection in 10 yrs or more. specially with their ever increasing defence budgets. still not a match for the US, but non the less it will give others something to think about. Their main obstacle remains to be Aircraft carriers. but soon enough they will be rolling these off.
USA IN DEBT 6OO OOO OOO BILLOIONS BORROW FROM CHINA FOR MILITARY , IF CHINA HAVE ENOUGHT TO BORROW US I THINK THEY CAN SPEND 6BILLIONS ON MILLITARY HADWARE TOO , THEM CHINESE ARE SMART THEY KNOW WHAT THEY DOING, THEY DONT HAVE BAD POLICY LIKE WE DID NOW EVERY COUNTRY WANT STRONG ECONOMY AND MILITARY TIE WITH CHINA SPECIAL LATIN AMERICA. IN MY POINT OF VIEW IF USA KEEP ACTING LIKE THAT IN 20 YRS THE WORLD WILL STAND AGAINST US LIKE IT OR NOT :backhand:
vinny_121_ND
11-08-2007, 03:32 PM
jennery587, do not use capital letters to express yourself. Its' difficult to read. It's in the rules section.
so in a certain way they are sponsorizing war in Darfur? no offense to Chinese members
Every country's policy will be combined with its interest.
But,we also should accept that different culture give birth to different mind, so will the different manner. Chinese knew that force ,sanctions, political pressure will not solve problem,but deteriorate situation,2000 years ago.
Look at Iraq, the US is not only a war sponsor, all right? Why they do that? for human right?democracy?large scale arm? hooo it's sounds like a fable.
The difference between China and US in face of the oil is just the method.
plato
11-10-2007, 04:28 PM
Every country's policy will be combined with its interest.
But,we also should accept that different culture give birth to different mind, so will the different manner. Chinese knew that force ,sanctions, political pressure will not solve problem,but deteriorate situation,2000 years ago.
Look at Iraq, the US is not only a war sponsor, all right? Why they do that? for human right?democracy?large scale arm? hooo it's sounds like a fable.
The difference between China and US in face of the oil is just the method.
They sure do know how to use force, and sanctions to solve their internal problems. Why can't the Chinese government use the same "soft" touche inside China? Apparently, 2000 years later, the Chinese is still learning, not learnt. Knowing the problem is different from solving the problem.
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