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

 
 
 

44 weeks 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

43 minutes ago

Student engineers to also help Modi build smart cities

Sep 16 2014 1:44pm CDT | Source: Business Standard

IIT-Bombay invites ideas from students and professi ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
10

1 hour ago

BJP suffers reverses in by-polls

Sep 16 2014 1:27pm CDT | Source: Business Standard

Retains only seven seats in Gujarat, makes inroads in West ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
9

1 hour ago

 
Update
8

1 hour ago

Finance head of NHPC dismissed

Sep 16 2014 1:03pm CDT | Source: Business Standard

There had been a legal issue on Srivastava's tenure, after an adverse report from the Central Vigilance Commission ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
6

3 hours ago

Andy Mukherjee: Neighbourly lessons

Sep 16 2014 11:20am CDT | Source: Business Standard

Xi Jinping can tell Narendra Modi how to prepare a country for a flood of fo ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
5

3 hours ago

Sreenivasan Jain: The price of silence

Sep 16 2014 11:14am CDT | Source: Business Standard

Zafar Sareshwala, best known as the first staunch Muslim defender of Narendra Modi, believes if the Bharatiya Janata Party goes back to regressive and polarising issues, people could aban ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
4

3 hours ago

IOC cuts refinery output as rains hit fuel demand

Sep 16 2014 10:50am CDT | Source: Bridgeville Public Library

Diesel accounts for over 40 per cent of refined fuels consumed in India, but demand growth has weakened, in part due to sustained ...
Source: Bridgeville Public Library   Full article at: Bridgeville Public Library
 

 
Update
3

3 hours ago

Crowded out

Sep 16 2014 10:34am CDT | Source: Business Standard

It is well known that what Rashtriya Janata Dal supremo Lalu Prasad likes best is to be in the middle of his noisy party supporters and the attendant slogan-shouting brigade. But he was forced to avoid them last week after being dis ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

3 hours ago

At a loss

Sep 16 2014 10:33am CDT | Source: Business Standard

The CEO of a multinational mobile company had an unusual take on the problem of doing business in India at an industry panel discussion. The issue that was exercising him, he said, was how to pay independent directors on his board. Unde ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
1

3 hours ago

Lettes: Doing business is tougher than World Bank suggests

Sep 16 2014 10:32am CDT | Source: Business Standard

The World Bank's Doing Business report, ranking India 179 out of 189 countries, underlines the fact that doing business in India is not easy. But the ranking could have been worse if the data had been more accurate, as ...
Source: Business Standard   Full article at: Business Standard
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Chip in to enhance links, president tells Indians in Vietnam
Ho Chi Minh City, Sep 16 (IANS) The Indian diaspora in Vietnam can play a "significant role" as a "bridge" in deepening relations between the two countries, President Pranab Mukherjee said Tuesday.
 
 
Ho Chi Minh City's rise as economic hub marvellous: President
Ho Chi Minh City, Sep 16 (IANS) Lauding the perseverance and success of the people of Vietnam, President Pranab Mukherjee Tuesday expressed admiration at how Ho Chi Minh City has transformed into a prosperous regional economic hub.
 
 
Modi government improved economy, India's global image: President
Ho Chi Minh City, Sep 16 (IANS) In a departure from custom, President Pranab Mukherjee Tuesday largely abandoned his prepared speech to the Indian community in Vietnam and instead extolled the Narendra Modi government for its steps to improve the economy and burnish India's global image.
 
 
China, Sri Lanka ink $1.63 bn currency swap deal
Beijing, Sep 16 (IANS) China's central bank announced late Tuesday that it has signed a 10 billion yuan (about $1.63 billion) currency swap deal with the Central Bank of Sri Lanka.
 
 
 

Latest from the Network

In Ho Chi Minh City, president extols transformation, praises Modi (Roundup)
Ho Chi Minh City, Sep 16 (IANS) Visiting Vietnam's business capital on the penultimate day of his state visit, President Pranab Mukherjee Tuesday extolled the city's transformation to a regional economic hub after a...
Read more on Politics Balla
 
Ukraine grants self rule, amnesty to rebels
Kiev, Sep 16 (IANS) Ukrainian parliamentarians Tuesday granted self-rule to parts of two eastern regions -- Donetsk and Luhansk, and an amnesty to pro-Russian rebels, BBC reported. The law, affecting the two regions,...
Read more on Politics Balla
 
Daniel Radcliffe, Ben Kingsley and Brie Larson join 'Brooklyn Bridge' cast
Ben Kingsley and Brie Larson have joined the cast of 'Brooklyn Bridge'. Douglas McGrath has written and will direct the historical drama which has been inspired by true events during the construction of the Brooklyn...
Read more on Movie Balla
 
New Jack Reacher film promises to be 'three-hander in terms of audience appeal'
Chris McQuarrie will not be directing the next Jack Reacher film, according to Lee Child. The 59-year-old author has revealed the director of the first movie, which starred Tom Cruise as the protagonist, will not have...
Read more on Movie Balla
 
Eva Mendes gives birth to baby girl
Eva Mendes has reportedly given birth to a baby girl. The 40-year-old actress and her boyfriend Ryan Gosling, 33, welcomed their daughter into the world in Los Angeles last Friday (09.12.14), according to UsMagazine.com...
Read more on Celebrity Balla
 
A8 SoC Reportedly Including Hexa-Core PowerVR GPU
The users of the iPhone 6 are enabled to enjoy playing game with a high resolution, as a new report claims that the SoC of the A8 processor contains the new PowerVR graphics processing unit.According to Apple Insider,...
Read more on Apple Balla
 
The Application of the NFC being Limited to Only Apple Pay
Apple once again restricts the use of a key component of its smartphone, as the NFC is said to be only applied in the services of Apple Pay.According to CNET, the matter has been confirmed by a spokesperson from Apple....
Read more on Apple Balla
 
will.i.am designs Lexus NX car
will.i.am has designed a car. The Black Eyed Peas frontman has mixed music with motors for his latest project by teaming up with Lexus Europe to design the Lexus NX, and he has now appeared in their advert for the...
Read more on Celebrity Balla
 
Demi Lovato's whiffy fan encounter
Demi Lovato was farted on by a fan at a meet and greet. The 'Skyscraper' singer was left recoiling in horror when one of her supporters was so overwhelmed at the thought of meeting her, they let out some ''rotten'' wind...
Read more on Celebrity Balla
 
Big Sean has great chemistry with Ariana Grande
Big Sean and Ariana Grande have ''great chemistry''. The rapper has been dating the 'Problem' singer for two months but has been a big fan of her musical talents for some time. He said: ''Me and her make a lot of music...
Read more on Celebrity Balla