Russia may accept majority Chinese control of big oil and gas fields

[Tractor]

How to control?by PLA?

 

[sahaliyan]

谁信谁SB，就算给你控股，几千枚核弹头在呢，到底谁控股啊？老毛子一向不守信用，说翻脸就翻脸，到时候让你血本无归，老毛子土地上的东西，门都没有。

 

[ChineseTiger1986]

The real question is why is there a Jewish autonomous area in Siberia


I beg to differ. China put in more capital China should be majority owner. Mixing morale with business is foolish.

Russia is not a trusted ally like Chinese members would like people to believe, it's that they have no options now.

This is the western propaganda BS.

BTW, the Russian government will maintain 50% + 1 share, this is the bottom line.

China could make profit from while helping Russia's SOE by injecting more capitals, it will be win-win for both nations.

 

[sahaliyan]

How to control?by PLA?

Russians just want to use this to get Chinese money,so

This is the western propaganda BS.

BTW, the Russian government will maintain 50% + 1 share, this is the bottom line.

China could make profit from while helping Russia's SOE by injecting more capitals, it will be win-win for both nations.

Wrong,this is said by Rogozin,the famous Russian neo-Nazi vice-premier minister,nothing to do with the so-called "western media",the Russians just want to use Chinese money,because they lack money

 

[ChineseTiger1986]

Russians just want to use this to get Chinese money,so

Wrong,this is said by Rogozin,the famous Russian neo-Nazi vice-premier minister,nothing to do with the so-called "western media",the Russians just want to use Chinese money,because they lack money

You seem to have a problem with Russia.

This is China's national diplomacy, not a place to vent your own personal frustration.

 

[sahaliyan]

You seem to have a problem with Russia.

This is China's national diplomacy, not a place to vent your own personal frustration.

I have no problem with them,but Russians just can't trusted,you can see this in history again and again,China has a normal relation with Russia is enough,we shouldn't help them,we shouldn't sanction them neither

 

[Hamartia Antidote]

This is the western propaganda BS.

BTW, the Russian government will maintain 50% + 1 share, this is the bottom line.

China could make profit from while helping Russia's SOE by injecting more capitals, it will be win-win for both nations.

Um.....Reuters BS eh? How about RT.com BS? Although I admit RT and ChinaDaily can never be trusted.

Russia may accept majority Chinese control of oil and gas fields - Business - Chinadaily.com.cn

‘No political obstacles’ to grant China 50% stake in Russian oil and gas fields – Deputy PM — RT Business
"Russia may consider granting Chinese investors over 50 percent stakes in its strategic hydrocarbon fields, Russia’s Deputy Prime Minister Arkady Dvorkovich has said"

 

[ChineseTiger1986]

I have no problem with them,but Russians just can't trusted,you can see this in history again and again,China has a normal relation with Russia is enough,we shouldn't help them,we shouldn't sanction them neither

Yes, we have a normal relation with them.

They have opened the bid, but our enterprises haven't decided to participate or not.

You seem to worry too much.

 

[TaiShang]

China, Russia share goal of independent policy
By Oleg Ivanov, 2015-3-2 20:08:02

Some in the Western political researches and mass media speculate that possible clashes between Russia and China will occur as a result of China's rise. In particular US prominent scholar Joseph Nye indicated the imbalances in Russian-Chinese relations and made a conclusion that the ties between the two countries ran into deep problems.

Is Nye's judgment correct? What are the perspectives for Russian-Chinese relations? Obviously, all countries go through hard times and have ups and downs in their relations. The same goes for Russia and China. Both states got over the negative heritage of the 1960s and 1970s and established a strategic partnership. It is true that there is an asymmetry in the Russian and Chinese potential, but does it threaten our relations? Many countries face asymmetry and may even have contradictions. For example, Canada and the US have asymmetry in their potential and they even have a dispute about the water within the Canadian Arctic Archipelago. Are both countries doomed to start a war? Not at all.

The US regards China's rise as a challenge and a potential threat to its dominance in the Pacific. The latest US National Security Strategy maintains, "At the same time, we will manage competition from a position of strength while insisting that China uphold international rules and norms on issues ranging from maritime security to trade and human rights. We will closely monitor China's military modernization and expanding presence in Asia."

This is the reason why the US introduced its new rebalance strategy to contain China and came up with the Trans-Pacific Partnership (TPP) trying to head the economic mainstream and push China to the periphery. The disputes over Taiwan and the Senkaku\Diaoyu Islands make relations between China and the US even more complicated. Despite US displeasure, China pursues independence from the US policy. The plan to construct "the second Panama channel" through Nicaragua with Russian participation is a vivid illustration.

If one compares the relations between Russia and China, the situation is different. Neither Russia nor China tries to impose its will on each other, to export its values or have territorial claims on each other. There are no serious contradictions in bilateral relations. On the whole, the positive dynamics are steady. Russia found itself under heavy pressure from the US because of its desire to pursue an independent policy.

Both Russia and China have common ground in building a new world order where non-Western countries will have more political, economic and social freedom and responsibility. Both partners are interested in resisting efforts from Western countries and institutions to impose their rules of the political and economic game. Russia and China have come out against Western pressure and attempts to limit their sovereignty. Both countries are seeking joint resolution of global problems. Their single approach is that the rule of law should be the guiding line for world politics.

Common concerns and shared interests need common institutions. What format is the best for this purpose? Some experts believe that an alliance is an appropriate option. I tend to suppose that the alliance is not a possible option. In terms of security, Russia and China cooperate successfully in the Shanghai Cooperation Organization. There is no need and intention to transform SCO into a "Euroasian NATO" to confront the West as some experts in Russia suggest.

The current US National Security Strategy states that US leadership is central to strengthening global finance rules. Nowadays, this American plan is out of date. An evolving multipolar world requires new approaches. The more pillars a construction has, the more stable it is. The same conceptual approach may be applied in the world economic system. This is the field where Russia and China are working together to create an alternative to the Western financial and economic system. In this respect, the project of BRICS is crucial. It is not aimed at confronting or replacing Western institutions. The goal is to give BRICS as well as other willing nations an option to build a parallel independent financial and economic system. In the framework of BRICS, Russia and China may achieve the goals which they cannot achieve on their own. At the same time, BRICS has a complimentary basis, and thus it may serve as a stabilizing structure if any BRICS member tries to play a dominant role.

Besides, BRICS can be an insurance policy in case the IMF or the World Bank fails and the world plunges into another economic crisis. In this respect, BRICS will meet the interests of the whole world. Certainly, the development of BRICS is a long-term and complicated process but as the proverb says, if at first you do not succeed, try, try and try again.

The author is chair of the Political Science Department at the Diplomatic Academy in Moscow.

 

[NarThoD]

This time Russia is in danger, Putin needs to stop to prioritize national pride or Russia will fall like USSR unless he grab China's hand. Yes Russia has large foreign reserves, but it won't last long enough until their economy return normal.

 

[Shotgunner51]

Besides, BRICS can be an insurance policy in case the IMF or the World Bank fails and the world plunges into another economic crisis. In this respect, BRICS will meet the interests of the whole world. Certainly, the development of BRICS is a long-term and complicated process but as the proverb says, if at first you do not succeed, try, try and try again.

Due to the lack of common interests and difference in geopolitical visions, BRICS is just a loosely organized forum. In addition, the vast difference in monetary strength between so-called-members makes the BRICS financial pool hard to function in any balanced manner (say voting rights and responsibilities).

Updates of forex reserve shows that China (exclude HK, TW) has 3.7 times of the RIBS combined (and if include HK/TW then 4.4 times of the RIBS combined),and only country with huge trade surplus (Take an example, China's 2014 trade surplus was $382 billion, bigger than any reserve amount of RIBS). Foreign Exchange Reserves (US$ billion) data:

China 3,946

Russia 376

Brazil 362

India 329

Taiwan 424

Hong Kong 325​

List of countries by foreign-exchange reserves - Wikipedia, the free encyclopedia
​

Rather than BRICS, a bi-lateral alliance between Russia and China would be financially sufficient as an insurance policy, while common vision/interests are also safeguarded.

 

[jhungary]

The real question is why is there a Jewish autonomous area in Siberia.

Russia have the third largest Jewish population in the world, behind Israel and US, at about 500 to 800 thousands, used to be the second largest and even have more Jewish population than In the USA, but they almost all gone after WW2.

Due to the lack of common interests and difference in geopolitical visions, BRICS is just a loosely organized forum. In addition, the vast difference in monetary strength between so-called-members makes the BRICS financial pool hard to function in any balanced manner (say voting rights and responsibilities).

Updates of forex reserve shows that China (exclude HK, TW) has 3.7 times of the RIBS combined (and if include HK/TW then 4.4 times of the RIBS combined). Foreign Exchange Reserves (US$ billion) data:

China 3,946

Russia 376

Brazil 362

India 329​

Taiwan 424

Hong Kong 325​

List of countries by foreign-exchange reserves - Wikipedia, the free encyclopedia
​

Rather than BRICS, a bi-lateral alliance between Russia and China would be financially sufficient as an insurance policy, while common vision/interests are also safeguarded.

That is actually whats worries most people, myself included.

China cant just go try, try and try again and help other country as long as they are of same interest (ahm, anti-west) This is a kind of ball game the US play in the 60s and 70s, when they are enemy of Soviet Union, they are friend of the US, hence the US supoort covertly and overtly all kind of crazy organisation (Aka Saddam and Mujaheedin) see how it turns out for the Americans now lol

China should always be Business first, if there are money to make, they should, but blindly adding baggage simply because they think alike is a big no-no

 

[opruh]

Good, American oil and gas fields will follow.

 

[Hamartia Antidote]

Good, American oil and gas fields will follow.

What about yours? Who is running your fields?

 

[opruh]

What about yours? Who is running your fields?

Capable people? Foreigners or Locals?