Friday, July 26, 2013

Sudan Agrees to China-AU Plea for Postponement of Oil Shutdown Deadline - All Africa | The Sudanese government formally agreed to a request made by Chinese and African Union (AU) officials to postpone for at least two weeks the deadline by which it will shut down the pipelines carrying oil from landlocked South Sudan. . .  China sees itself in partnership with north and south Sudan in oil production and therefore it stepped into the row in a timely manner. China, heavily invested in the oil sector of both nations, has found itself caught between its long-time ally in Khartoum in the north and its new partner in the South, which inherited three quarters of Sudan's oil output after the split.

No Deal Yet on Solar Panel Trade Dispute with EU, Chinese Negotiator Says - Caixin | Talks said to be still in progress, despite media reports that price and quota issues have been resolved China and the European Union are still trying to negotiate a settlement to a dispute over solar panel imports to the EU, a Chinese representative involved in the talks says. The EU has said it will increase a temporary anti-dumping tariff on the Chinese products if no deal is reached by August 6... The Reuters report said Chinese negotiators have left Brussels and only a few numbers had not been settled.  EU Trade Commissioner Karel De Gucht and China's commerce minister, Gao Hucheng, would hold more talks, the report said...On June 4, the EU announced it was levying a provisional 11.8 percent anti-dumping tariff on Chinese solar panels from June 6 to August 6. This would rise to 47.6 percent if no agreement is reached by August 6. A day later, China's Ministry of Commerce announced it would launch an anti-dumping and anti-subsidy investigation into wine imported from EU countries.

Living a nightmare in China's city of sinkholes - CNN |Xiao Guoqiang, a 50-year-old farmer stands before his sunken village in Jining, Shandong Province on June 26, 2013. Underground mining in this region is devouring 20 million square meters of land a year...Ten years ago, the area where Xiao lived was a vibrant farming community on the North China Plain. But sinkholes are devouring 20 million square meters (7.7 square miles) of land here a year, according to the Jining Land Resource Bureau, and have displaced an estimated 100,000 people, mostly farmers and their families, over the past decade

China In £180bn Clean Air Plan For Beijing - Sky News |China plans to invest 1.7trn yuan (£180bn) to combat air pollution over the next five years, as the new government's seeks to address a key source of growing social discontent...The investment is larger than the total economic output of Hong Kong in 2012...China Daily said the plan targets Beijing, the neighbouring port city of Tianjin and densely populated Hebei province, which surrounds them.

China's wine boom of little profit to giant pandas and small farmers - Guardian | Vineyard growth plan for 'Bordeaux of China' raises concerns for animal habitats and livelihoods of villagers who switch to grapes. There are 1,000 hectares (2,500 acres) of vines in Aba, but in December the local government announced a project to plant 6,700 hectares by 2020. ...A recent reform in land tenure in the area, according to research published in the journal Science, could threaten the natural habitat of endangered species such as the giant panda, red panda, golden snub-nosed monkey and Thorold's deer.

Transforming China’s Grid: Will Coal Remain King in China’s Energy Mix? - The Energy Collective | Interesting charts and stats - the overview of entire sector is good reading// ...Huaneng, one of China's largest electricity generation companies, now reportedly controls 40 billion tons of reserves, roughly ten times China’s annual production... China’s coal plants are also now more efficient on average than the U.S. coal fleet...Retiring a 600 MW state-of-the-art plant before its economic lifetime comes at a much steeper price. As a result, the new generation of modern coal plants built in recent years may still be operating in 2050.

CNOOC building multibillion dollar CTG project – Interfax | China National Offshore Oil Corp. is overtaking larger rivals PetroChina and Sinopec in the race to turn coal in remote parts of the country into synthetic natural gas, with local media reporting China’s main offshore energy explorer has started building a coal-to-gas project in north China. //Posted in Chinese on Wed- 80Bn Rmb investment

Dalian terminal receives 10 cargoes this year - Interfax | PetroChina’s Dalian LNG import terminal has received 10 cargoes amounting to 1.06 mt so far this year, the company said in its in-house newspaper.

China would not like India to gain access to Central Asian gas - Economic Times India | ...China has replaced Russia as the largest importer of Turkmen gas and this volume is slated to double or triple in the coming years.  The next growing source of competition for Central Asia oil and gas is likely to come from India, which closely follows China in growth in oil and gas demand and consequently oil and gas imports, Chow said. Indeed, as Chinese demographic growth slows and population ages, India's energy demand is commonly forecasted to grow faster than China's in a decade or so.