. Energy News .




.
ENERGY TECH
China looking to secure oil supply?
by Staff Writers
Beijing (UPI) Jan 11, 2012


Chinese Premier Wen Jiabao will embark on a six-day tour to the Middle East aimed at strengthening the country's energy supply, analysts said.

Wen's itinerary -- which includes Saudi Arabia, the United Arab Emirates and Qatar -- suggests energy will be a focal point of his tour, the first official visit by a Chinese premier to the region in 20 years.

It also comes amid controversy regarding Iranian oil exports, of which China relies on for about 11 percent of its oil imports, up from 9 percent in 2010.

Iran has threatened to close the Strait of Hormuz, one of the world's most vital oil routes, if Western countries impose sanctions on its oil exports.

"Half of China's oil imports are sourced from the Middle East, so the region's instability is a major concern," the Financial Times quoted Ben Simpfendorfer, founder of Silk Road Associates, a Hong Kong based consultancy, as saying.

"Conflict with Iran tops the lists of worries, should it disrupt physical oil supplies. There is also the risk that the Middle East starts to call on China to play a bigger role in the region, no different to the other major powers," Simpfendorfer said.

U.S. Treasury Secretary Timothy Geithner, in Beijing Wednesday, urged Chinese officials to curb Iran oil imports and will visit officials in Japan and South Korea with the same message.

We are telling the [Chinese] what's important to us and they are listening," a senior U.S. official in Beijing said after Geithner's meeting with Chinese officials. "We have a reasonable shot at getting a number of countries to wean themselves off Iranian oil."

But reports in Chinese state media Wednesday suggested Beijing was not willing to budge from its long-held opposition to sanctions.

"China's regular demand for energy does not have anything to do with the Iranian nuclear issue and should not be affected," said Liu Weimin, Foreign Ministry spokesman. "To place one country's domestic law above international law and press others to obey is not reasonable."

Meantime, China, the world's biggest energy consumer, is under greater pressure to ensure its energy supply for 2012.

Speaking at a national energy conference Tuesday, Liu Tienan, head of China's National Energy Administration, said the country is facing a "grim situation" in energy saving, noting "it is always worrisome to have to sustain supply of energy and resources for a country with 1.3 billion people," Xinhua reported.

Related Links
Powering The World in the 21st Century at Energy-Daily.com




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries




.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Geithner presses China leaders on Iran oil imports
Beijing (AFP) Jan 11, 2012
Beijing urged Iran to cooperate with the UN nuclear watchdog on Wednesday, as US Treasury Secretary Timothy Geithner held talks with Chinese leaders to press sanctions against the oil-rich nation. But China, which buys 20-22 percent of Iran's crude oil, said it was "not reasonable" to expect it to comply with what it says are "unilateral" sanctions imposed by the United States. The new U ... read more


ENERGY TECH
Unique geologic insights from "non-unique" gravity and magnetic interpretation

LISA Pathfinder takes major step in hunt for gravity waves

ENERGY TECH
Trina Solar Announces Complete Large Rooftop Solar Solution

OCI Solar Power and CPS Energy negotiate largest solar development in US

Philippines pushes renewable energy

New solar farm being developed in Arizona

ENERGY TECH
Mortenson Starts Construction of Rim Rock Wind Project

SA Opposition wind policy threatens $3 billion investment

Firms make 10 bids for huge French wind farm project: source

Natural Power launches WindManager in the US

ENERGY TECH
New FERC Ruling Provides Relief To Besieged Power Grids

China looks at carbon tax, official says in US

China plans tax on carbon emissions

Myanmar cancels coal plant after opposition: official

ENERGY TECH
Keeping electronics cool

Future development of smaller and more powerful electronics requires the understanding of 'quantum jamming' physics

Israel tightens Med defense links over gas

Enhanced LED Task Light Improves Visual Performance and Reduces Energy Costs

ENERGY TECH
Wanted: Habitable Moons

Subaru's Sharp Eye Confirms Signs of Unseen Planets in the Dust Ring of HR 4796 A

New Exo planets raise questions about the evolution of stars

Astronomers discover deep-fried planets

ENERGY TECH
India rejoins the nuclear submarine league

Russia hands over Nerpa nuclear sub to India: report

Thatcher warned over navy before Falklands invasion

Nine injured as huge fire engulfs Russian nuclear sub

ENERGY TECH
'Greeley Haven' is Winter Workplace for Mars Rover

Mars rover to spend winter at 'Greeley Haven,' named for late ASU geologist Ronald Greeley

Failed Russian space probe to fall

Trajectory Maneuver For Mars Lab Slated for January 11


.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement