EODE/ 2016 08 21/

GEOPOLITICS/ with Forbes/

 « Getting teach by the enemy is a duty and an honor »

– General Haushofer, German geopolitician

(father of the concept of « continental Bloc »).

* China’s oil imports have risen 16%, with the country now rivaling the U.S. to become the world’s largest oil importer.

 EODE - GEOPOL oil factor II china (2016 08 21) ENGL

The U.S., once the poster child of foreign oil dependence, has largely changed its energy future due to its shale oil and gas boom. Though the U.S. energy resurgence created the ongoing oil supply glut with more than two years of downward prices, it has helped stem the unprecedented transfer of U.S. wealth to foreign nations, notably Saudi Arabia and OPEC.

China’s dependency on imported oil exceeded 60 percent for the first time in 2015 and is expected to rise further this year, according to an industry report released Tuesday. Actual oil consumption rose 4.4 percent last year, up 0.7 percentage points from a year earlier, bringing the proportion of net imports in total oil consumption to 60.6 percent, said a report released by the China National Petroleum Corporation (CNPC) Economics & Technology Research Institute.

In 2016, the oil dependency rate will go up to 62 percent and oil demand will grow 4.3 percent, as car ownership increases, urbanization advances and the state boosts oil reserves, said Qian Xingkun, deputy head of the institute. China is one of the world’s largest oil buyers. But as its economy slows, its appetite for energy is shrinking too. Report put China’s annual energy consumption at 4.2 billion tonnes of standard coal last year, falling 0.5 percent year on year, the first drop in 30 years. The report forecast global oil prices would stay low due to plenty of supply and lackluster economic growth.



Excerpts :

“According to legendary oil tycoon T. Boone Pickens the U.S. transferred $7 trillion to OPEC nations between 1976 and 2012. It reached its apex in the aftermath of the Arab Oil Embargo in 1973, while it continues to have geopolitical ramifications to this day – from democracy movements to terrorism to civil wars. Now, this four decade old quandary will be one that China has to deal with as the Middle Kingdom continues to increase it reliance on imported foreign oil. So far this year  China’s oil imports have risen 16%, with the country now rivaling the U.S. to become the world’s largest oil importer.

China’s increased oil imports have had the knock-on effect of helping to put upward pressure on bearish global oil prices which are down from $107 per barrel in July 2014 to just over $40 per barrel currently. In February, Chinese oil imports breached the 8 million barrels per day (bpd) mark and comes as the country’s oil fields mature, one of the reasons why Beijing has pushed its territorial claims so fervently in the South China Sea.

State-owned oil major China National Offshore Oil Company (CNOOC ), responsible for most of China’s offshore hydrocarbon development, estimates that the South China Sea holds around 125 billion barrels of oil and 500 trillion cubic feet (tcf) of gas in undiscovered areas, although these figures haven’t been confirmed by independent studies.


Approximately 80% of current Chinese crude production capacity is located onshore, while 20% of its crude oil production is from shallow offshore reserves as of 2014, according to the U.S. Energy Information Administration’s (EIA) latest analysis of China’s energy sector.

Meanwhile, China’s foreign oil dependency rate hit 60% in 2013, while it has now exceeded that mark – troubling news for Beijing. In January, state-run news agency Xinhua, citing Qian Xingkun, deputy head of the China National Petroleum Corporation (CNPC) Economics & Technology Research Institute, said that the country’s foreign oil dependency rate would reach 62% this year as oil demand grows 4.3% due to car ownership increases, urbanization advances and filling strategic reserves.

Admittedly, China’s oil imports could dip slightly as its economy continues to slow. China is also close to filling up its strategic petroleum reserves. Though Beijing doesn’t regularly report the capacity or storage level of its strategic reserves, J.P. Morgan places it at 511 million barrels. Bloomberg said in late June that “at the current rate of China’s stockpiling, storage would reach full capacity in August, leading to a potential import drop in September. Though the country’s oil imports will slow it will not be enough.” China will still be overly reliant on imported oil and likely maintain a foreign oil dependency rate of at least 60%.”

* See on FORBES:

China’s Thirst For Oil Spells Troubling News For Beijing

Pic : Sudanese President Omar al-Bashir, right and his counterpart then-Chinese president Hu Jintao, third right front, look at a mock compound of the Khartoum oil-refinery during his visit to the facility in the town of Jayli, 40 km North of Khartoum, Sudan Friday Feb. 2, 2007. China is a large importer of Sudanese oil and according to Sudanese media China currently controls 75% of oil investment in the country. (AP Photo/Abd Raouf)


THE OIL FACTOR II/ CHINA: CHINA NOW RIVALING THE U.S. TO BECOME THE WORLD’S LARGEST OIL IMPORTER.ultima modifica: 2016-08-24T15:27:18+02:00da davi-luciano
Reposta per primo quest’articolo


  1. Hello Web Admin, I noticed that your On-Page SEO is is missing a few factors, for one you do not use all three H tags in your post, also I notice that you are not using bold or italics properly in your SEO optimization. On-Page SEO means more now than ever since the new Google update: Panda. No longer are backlinks and simply pinging or sending out a RSS feed the key to getting Google PageRank or Alexa Rankings, You now NEED On-Page SEO. So what is good On-Page SEO?First your keyword must appear in the title.Then it must appear in the URL.You have to optimize your keyword and make sure that it has a nice keyword density of 3-5% in your article with relevant LSI (Latent Semantic Indexing). Then you should spread all H1,H2,H3 tags in your article.Your Keyword should appear in your first paragraph and in the last sentence of the page. You should have relevant usage of Bold and italics of your keyword.There should be one internal link to a page on your blog and you should have one image with an alt tag that has your keyword….wait there’s even more Now what if i told you there was a simple WordPress plugin that does all the On-Page SEO, and automatically for you? That’s right AUTOMATICALLY, just watch this 4minute video for more information at. Seo Plugin

I commenti sono chiusi.