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

 
 
 

51 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

58 minutes ago

Sept infrastructure output growth slows to 1.9 pct y/y

Oct 31 2014 6:56am CDT | Source: Reuters India

NEW DELHI (Reuters) - India's annual infrastructure output growth slowed to 1.9 percent in September, government data showed on Friday, hit by a fall in ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
10

3 hours ago

April-Sept fiscal deficit nears 83 pct of full-year target - govt

Oct 31 2014 4:49am CDT | Source: Reuters India

NEW DELHI (Reuters) - India's fiscal deficit was 4.39 trillion rupees ($71.5 billion) during April-September, or 82.6 percent of the full-year target, government dat ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
9

4 hours ago

Cong ends alliance with JMM in Jharkhand

Oct 31 2014 3:40am CDT | Source: Business Standard

Congress today called off its alliance with ruling JMM in poll-bound Jharkhand after sharing power for some 16 months in the tribal-dominated state. AICC General Secretary B K Hariprasad told PTI that the Congress would contest the As ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
8

5 hours ago

Closure of Nokia is unfortunate: Pon Radhakrishnan

Oct 31 2014 2:04am CDT | Source: Business Standard

Union Minister of State for Heavy Industries and Public Enterprises Pon Radhakrishnan has termed Nokia's closure as "unfortunate" and said the Union Government will see to that such things will not happen in ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
6

6 hours ago

Silver futures in India hit four-year low on global cues

Oct 31 2014 1:22am CDT | Source: Reuters India

MUMBAI (Reuters) - Silver prices in India, the world's biggest consumer, hit a four-year low on Friday morning following losses in the world ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
5

6 hours ago

2G scam: Special court frames charges against Raja, Kanimozhi

Oct 31 2014 1:02am CDT | Source: Business Standard

If found guilty, the accused face between three and seven years in ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
4

8 hours ago

Jubilant Foodworks declines on lower profit in Q2

Oct 30 2014 11:47pm CDT | Source: Business Standard

Jubilant Foodworks that runs food chains, including Domino's Pizza and Dunkin' Donuts in India has declined around 1.6% on BSE at Rs 1,285.05 after reporting a 12.7% drop in its net p ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
3

8 hours ago

India, China and the $42 trillion growth question

Oct 30 2014 11:25pm CDT | Source: Business Standard

A new paper argues that if India and China could hit $56 trillion in GDP if they continue to grow at current rates ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

11 hours ago

W. M. Anderson, 92, Dies; Faced India Plant Disaster

Oct 30 2014 8:16pm CDT | Source: NewYorkTimes-Business Day

Mr. Anderson led the company through one of history’s most lethal industrial accidents, when thousands were killed in a gas lea ...
Source: NewYorkTimes-Business Day   Full article at: NewYorkTimes-Business Day
 

 
Update
1

17 hours ago

Wonkblog: Why Modi’s India might be finally be set for an economic revival

Oct 30 2014 2:16pm CDT | Source: The Washington Post

On the campaign trail last winter, Narendra Modi, India’s new prime minister, presented himself as a white-bearded knight who could ride in and reinvigorate the nation’s economy. Voters were fed up with sluggish growth, limited job opportunities for India’s enormous youth population and frequent corruption scandals involving government officials. Modi’s promise to strengthen the economy and streamline the messy burea ...
Source: The Washington Post   Full article at: The Washington Post
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said.
 
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92.
 
 
Himalayan Viagra fuels gold rush for local Tibetans
Washington, Oct 31 (IANS) Overwhelmed by people trying to find the prized medicinal fungus known as Himalayan Viagra, two isolated Tibetan communities have managed to implement a successful system for the sustainable harvest of the precious natural resource, suggests research.
 
 
Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in the inner solar system.
 
 
 

Latest from the Network

Julia Stiles and Ray Liotta cast in Go With Me
Julia Stiles and Ray Liotta have been added to the cast of Anthony Hopkins' new film 'Go With Me'. The action-drama, which will begin shooting in mid-November, tells the story of a young woman who returns to her home...
Read more on Movie Balla
 
Seth Rogen to star in Steve Jobs biopic
Seth Rogen is in talks to star in Sony's Steve Jobs biopic. The 'Bad Neighbours' star is in negotiations with the studio to take on the role of Apple co-founder Steve Wozniak - who created the Apple I computer and co-...
Read more on Movie Balla
 
Jennifer Lopez has struggled to love herself
Jennifer Lopez say she's spent much of her life beating herself up for not being good enough. The 'Dance Again' hitmaker, who has six-year-old twins Max and Emme with her third ex-husband, Marc Anthony, puts a lot of...
Read more on Celebrity Balla
 
Julianne Hough's teary tribute to sister
Julianne Hough broke down in tears while praising her older sister. The 26-year-old singer/songwriter made an emotional speech in which she praised her older sister, Sharee Wise, admitting her sibling inspired her to...
Read more on Celebrity Balla
 
Tom Parker vows to look after Lindsay Lohan
Tom Parker has vowed to look after Lindsay Lohan. The former Wanted star is keeping a watchful eye over the 28-year-old actress as she performs in play 'Speed-the-Plow' in London because he wants to help the flame-...
Read more on Celebrity Balla
 
Kaley Cuoco-Sweeting fell for husband over animals
Kaley Cuoco-Sweeting knew her husband was 'The One' because he loves animals. The 'Big Bang Theory' star, who married tennis player Ryan Sweeting in December after just six months of dating, admits she fell in love with...
Read more on Celebrity Balla
 
Orson Welles last film to be released
Orson Welles' final movie will finally be released next year. The acclaimed filmmaker had worked on 'The Other Side of the Wind' - which chronicles a temperamental film director battling with the Hollywood establishment...
Read more on Movie Balla
 
Game of Thrones stars get pay rise
'Games of Thrones' cast members will be paid $300,000 an episode. Five of the shows biggest stars - Peter Dinklage, Kit Harington, Lena Headey, Emilia Clarke and Nikolaj Coster-Waldau - have landed bumper payrises after...
Read more on Celebrity Balla
 
Mike Tyson: I was abused
Mike Tyson claims he was sexually abused as a child. The 48-year-old retired boxer was ''snatched'' off the street when he was seven by an ''old man'', who he never saw again after the shocking one-time incident....
Read more on Celebrity Balla
 
Amanda Bynes released from psychiatric facility
Amanda Bynes has been released from a psychiatric treatment facility. The 'Easy A' actress was spotted walking around Sunset Strip, West Hollywood, last night (30.10.14), 19 days after she was admitted to the hospital...
Read more on Celebrity Balla