Home>News Center>China
           
     

    China, India to cooperate in oil hunt
    (AP)
    Updated: 2006-01-13 15:46

    China and India have agreed to share information on what they're paying for foreign oil and gas for their energy-hungry economies in an effort to tone down a multibillion-dollar rivalry that was driving up asset prices abroad, the Chinese government announced.

    The agreement was among five energy cooperation deals signed Thursday during a visit to Beijing by Indian Petroleum and Natural Gas Minister Mani Shankar Aiyar, the government said.

    Beijing and New Delhi promised to exchange information when bidding for oil resources abroad.

    "Unbridled rivalry between Indian and Chinese companies is only to the advantage of the seller," China's Xinhua News Agency quoted Aiyar as saying.

    Chinese companies have been bidding for foreign oil and gas in areas as far-flung as Africa and South America as Beijing tries to secure energy supplies.

    India's effort is on a smaller scale, but its energy demands are expected to soar in coming years as its economy grows.

    In December, the biggest state-owned oil companies of the two countries — China National Petroleum Corp. and India's Oil & Natural Gas Corp. — agreed to jointly acquire oil production rights in Syria in their first collaborative venture.

    That came after the Chinese company won a bidding war with its Indian rival for an oil producer in the central Asian republic of Kazakhstan.

    CNPC agreed to pay $4.2 billion for Canada-based PetroKazakstan Inc. in China's biggest foreign corporate acquisition to date.

    This week, another Chinese state-controlled oil firm announced it was buying rights to an oil field in Nigeria after India's Cabinet blocked ONGC's attempt to buy it.

    Other agreements signed Thursday call for Chinese-Indian cooperation in exploration and refining, laying cross-border oil and gas pipelines, research and the development of energy efficiency programs, Xinhua said.

    They also promised to work together on alternative fuels such as vegetable oils blending with diesel and ethanol blending with gasoline, the report said.



    Snow fun
    Snow sculpture competition in Harbin
    Snowslide in Xinjiang
      Today's Top News     Top China News
     

    Four Chinese pilgrims among 345 dead in Hajj stampede

     

       
     

    US House group to discuss China cooperation

     

       
     

    Extraction of bear bile 'painless, necessary'

     

       
     

    China warns Japan about Lee Teng-hui visit

     

       
     

    China, India sign energy agreement

     

       
     

    Thawing ice 'no threat to water supply'

     

       
      China, India sign energy agreement
       
      China warns Japan about Lee Teng-hui visit
       
      Road safety campaign to curb No 1 killer
       
      Thawing ice 'no threat to water supply'
       
      Cataract scandal: Hospital staff responsible
       
      Hill visits Beijing to push for nuke talks
       
     
      Go to Another Section  
     
     
      Story Tools  
       
      News Talk  
      It is time to prepare for Beijing - 2008  
    Manufacturers, Exporters, Wholesalers - Global trade starts here.
    Advertisement
             
    日本中文字幕一区二区有码在线| 亚洲中文字幕无码一区二区三区| 乱人伦中文视频在线| 在线天堂资源www在线中文| 国产又爽又黄无码无遮挡在线观看 | 亚洲中文字幕无码永久在线| 亚洲午夜AV无码专区在线播放| 亚洲AV无码久久精品狠狠爱浪潮| 亚洲人成中文字幕在线观看| 国产在线无码视频一区二区三区 | 中文字幕精品无码一区二区| 无码8090精品久久一区| 少妇人妻无码精品视频app| 中文字幕欧美日本亚洲| 大地资源中文在线观看免费版| 免费A级毛片无码视频| 亚洲日韩精品无码一区二区三区| 最近免费视频中文字幕大全| 无码丰满熟妇一区二区| 秋霞无码一区二区| 无码人妻精品一区二区三区在线| 亚洲精品97久久中文字幕无码| 中文字幕精品一区二区精品| 国产高清无码毛片| 丰满熟妇乱又伦在线无码视频| 无码人妻精品一区二区三区久久| 无码人妻丰满熟妇啪啪网站| 精品久久久久久无码中文字幕| 亚洲乱码中文字幕综合| 亚洲中文字幕日本无线码| 五月婷婷无码观看| 中文字幕无码不卡在线| 亚洲精品一级无码鲁丝片| 91精品无码久久久久久五月天| 精品无码一区二区三区爱欲 | 久久久久亚洲AV无码麻豆| 性无码免费一区二区三区在线| 亚洲国产精品成人精品无码区| 亚洲一区AV无码少妇电影☆| 亚洲国产精品无码久久久蜜芽| 精品人妻系列无码一区二区三区 |