360° Coverage : India, China should together explore energy potential: Daily

12 Updates
India, China should together explore energy potential: Daily
Photo Credit: , Getty Images

India, China should together explore energy potential: Daily

Nov 6 2013, 4:24am CST | by IANS

Beijing, Nov 6 (IANS) India should seek mutual benefits with China in current oil and gas exploration in Central Asia, rather than attempting to challenge the more 'experienced power' in this region, according to a leading Chinese daily.

Beijing, Nov 6 — India should seek mutual benefits with China in current oil and gas exploration in Central Asia, rather than attempting to challenge the more 'experienced power' in this region,...

Filed under: news

YouTube Videos Tweets

 
 
 

1 year ago

India, China should together explore energy potential: Daily

Nov 6 2013, 4:24am CST | by IANS

Beijing, Nov 6 (IANS) India should seek mutual benefits with China in current oil and gas exploration in Central Asia, rather than attempting to challenge the more 'experienced power' in this region, according to a leading Chinese daily.

Beijing, Nov 6 — India should seek mutual benefits with China in current oil and gas exploration in Central Asia, rather than attempting to challenge the more 'experienced power' in this region, according to a leading Chinese daily.

In an article Tuesday, the Global Times said India began exploring the energy potential of the region later than China and that it can hardly enter the field as an independent investor.

"Due to its geopolitical disadvantages and the current oil and gas exploration in Central Asia, India can hardly enter this field as an independent investor. A wise choice would be to cooperate with the West, Russia or China.

"Judging from energy policies in both China and India, New Delhi should seek mutual benefits with China, rather than attempting to challenge the more experienced power in this region," said the article, written by Liu Qian, an assistant research fellow at the Academy of Chinese Energy Strategy with the China University of Petroleum, Beijing.

According to the article, the Central Asia region is rich in oil and gas and both India and China have began to compete in the region.

"Central Asia is rich in oil and gas. China and India, with growing energy consumption, both need to participate in the region's energy exploration. As a result, the two have begun to compete in the region," it said.

"India began exploring the energy potential of the region even later than China. While there are some efforts at cooperation, India barely has any ­presence at the moment.

"But some aggressive Indian media outlets believe India can directly challenge China in the region, basing this claim on a potential 8.4 percent Indian stake in Kashagan, a Kazakh oil company, and the recent plans for two pipelines from Turkmenistan to China and India," it added.

The article said China has gradually gained momentum in energy cooperation with Central Asia and has made impressive progress.

"As for the competition between the China-Central Asia natural gas pipeline and the Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline, it does exist, but not in the tense contradiction that the Indian media portrays.

"Currently, the China-Central Asia natural gas pipeline has a stable supply and has been expanded. By contrast, the Turkmenistan-Afghanistan-Pakistan-India pipeline is still in its initial stage, and the biggest threats come from the Afghan situation and India-Pakistan relations. India needs to deal with both issues cautiously which is a huge task," it said.

IANS

Source: IANS

 
Update
12

Tweets

 
 
Update
11

3 weeks ago

Telangana govt presents Rs 1 lakh crore budget with a focus on basic needs

Nov 5 2014 4:46am CST | Source: Business Standard

Roads and water resources on top of the agenda; govt to establish land bank ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
10

3 weeks ago

Indian Markets Scale New Peaks on Reforms Euphoria

Nov 5 2014 3:33am CST | Source: IBTimes UK

Indian investors cheer falling oil prices and New Delhi's intention to further reform Asia's third-largest e ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 
Update
9

3 weeks ago

WTO impasse due to unreasonable posturing by rich nations: FM

Nov 5 2014 3:24am CST | Source: Business Standard

Blaming "unreasonable posturing" by some developed countries for impasse at the WTO talks, India today said it is not opposed to trade facilitation pact but wants the present system for holding food stock to continue till a permanent solution ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
8

3 weeks ago

Countries must refrain from hosting terrorist acts: Rajnath Singh

Nov 5 2014 2:51am CST | Source: Business Standard

In a veiled attack on Pakistan, India has said nations must refrain from hosting and encouraging terror activities and ensure that their territories are not used for setting up ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
6

3 weeks ago

Govt aims at creating fair biz environment: Jaitley

Nov 5 2014 1:58am CST | Source: Business Today

Retrospective taxation is one bad idea that damaged the economy, the finance minister said while speaking at the India Economic Summit in New ...
Source: Business Today   Full article at: Business Today
 

 
Update
5

3 weeks ago

Indian mortar shell explosion kills three children

Nov 5 2014 1:50am CST | Source: The Nation - Pakistan

Narowal- An Indian mortar shell exploded in a Narowal village on Tuesday, killing three children and injuring many others. Narowal's Pind Toghal Pur was devastated after the deadly accident. Reportedly, the village children found the shell in an open field, brought it home, and began playing with it, the police said. According to sources, one of the children ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
4

3 weeks ago

JMM rejects RJD's offer of support in Jharkhand

Nov 5 2014 12:55am CST | Source: Business Standard

The JMM, which runs a coalition government in Jharkhand with Congress and RJD support, has rejected RJD's offer to support each other's sitting MLAs in the ensuing Assembly electio ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

3 weeks ago

India moves two warships away from Kolkata port after terror alert

Nov 4 2014 11:39pm CST | Source: The Nation - Pakistan

(Reuters) - India's navy withdrew two warships from the eastern port of Kolkata on Tuesday after intelligence agencies warned of an attack on the port and the city, police and navy officers said. The rare move came two days after a suicide bomber killed 60 people on the Pakistani side of the main border crossing with India hundreds of miles to the west, deepening fears that Pakistan's ...
Source: The Nation - Pakistan   Full article at: The Nation - Pakistan
 

 
Update
2

3 weeks ago

The bet of the year so far in 2014? India

Nov 4 2014 10:01am CST | Source: MoneyWeek

Investors in India have had a cracking year so far. Kam Patel looks at the reasons behind India’s success.The post The bet of the year so far in 2014? India was ...
Source: MoneyWeek   Full article at: MoneyWeek
 

 
Update
1

3 weeks ago

United colours of Kolkata

Nov 4 2014 9:33am CST | Source: Business Standard

Emission norms, weight, engine size, passenger capacity and so on may be important guidelines for a public transport vehicle. But for the West Bengal government, colour appears to be of equal importance. Or, to be precise, any colour so long as it's ...
Source: Business Standard   Full article at: Business Standard
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Albania opens Communist-era nuclear bunker to public
Tirana, Nov 29 (IANS/EFE) The Albanian government has opened to the public the country's biggest Communist-era nuclear bunker, a secret symbol of the 40-year Cold War and the extravagances of the Communist regime.
 
 
Alleged flu vaccine-related deaths spark fears in Italy
Rome, Nov 29 (IANS) At least nine people were reported to have died in Italy for reasons allegedly linked to a flu vaccine which has been suspended by the Italian competent authority for drugs AIFA, media reported Friday.
 
 
Ireland to repay 9 billion euros IMF loans by year end
Dublin, Nov 29 (IANS) Irish Finance Minister Michael Noonan said Friday his country will repay 9 billion euros ($11 billion) of the bailout loans it owed to the International Monetary Fund(IMF) by the end of the year.
 
 
China to use new test to prevent Ebola
Beijing, Nov 28 (IANS) Chinese health authorities have approved three home-grown Ebola test reagents to be used for preventing the virus' spread.
 
 
 

Latest from the Network

Abigail Breslin slams ex Michael Clifford
Abigail Breslin has slammed her ex, Michael Clifford. The 'My Sister's Keeper' actress went on a date with the 5 Seconds of Summer guitarist last year but it seems as though it didn't end well after she released a song...
Read more on Celebrity Balla
 
Kevin Bacon to sizzle in Jungle
Kevin Bacon is to star in 'Jungle'. The 56-year-old actor will appear in the survival drama, which is based on the true story of Yossi Ghinsberg, an adventurer who found himself lost in the Amazon rainforest for three...
Read more on Movie Balla
 
Mickey Rourke to return to boxing at 62
Mickey Rourke will return to boxing aged 62. The actor will come out of retirement and step into the ring tonight (11.28.14) for the first time in 20 years as he competes against 29-year-old Elliot Seymour. He said: ''...
Read more on Celebrity Balla
 
Kristen Stewart: Actors are isolated
Kristen Stewart claims actors become ''isolated'' because of their fame. The 24-year-old actress has become one of the biggest movie stars in the world following her portrayal of Bella Swan in the 'Twilight' franchise...
Read more on Celebrity Balla
 
Burt Reynolds to sell memorabilia
Burt Reynolds is selling over 600 personal items to stave off bankruptcy. The 78-year-old Hollywood star is reportedly struggling financially so will see awards, cars and costumes go under the hammer in Las Vegas next...
Read more on Celebrity Balla
 
Eddie Redmayne's fear of failure
Eddie Redmayne has a fear of failure. The 'Theory of Everything' star has admitted that like fellow actor, Rachel Weisz, he worries about ever getting hired again. He said: ''I was reading an interview with Rachel Weisz...
Read more on Celebrity Balla
 
Where to Find Black Friday Car Deals
The Black Friday Car Sales events have gained traction over the past couple of years. This year several major brands ran nation-wide commercials announcing their Car Black Friday deals. In the beginning it was creative...
Read more on Auto Balla
 
Indian Aces win inaugural IPTL tie
Manila, Nov 28 (IANS) The much-awaited inaugural International Premier Tennis League (IPTL) got off to a flying start with the Indian Aces notching an impressive 26-16 first victory against the Singapore Slammers at...
Read more on Sport Balla
 
Australian navy's largest ship commissioned
Canberra, Nov 28 (IANS) HMAS Canberra, a 27,000-tonne landing helicopter dock (LHD), was commissioned Friday, providing the Royal Australian Navy (RAN) with one of the world's most capable and sophisticated amphibious...
Read more on Politics Balla
 
Sindhu, Prannoy enter Macau Open semis
Macau, Nov 28 (IANS) Indian shuttlers P.V. Sindhu and H.S. Prannoy came out with contrasting wins to enter their respective semi-finals at the $120,000 Macau Open Grand Prix Gold here Friday. While defending champion...
Read more on Sport Balla