China's energy and resource security needs to be diversified

In the early morning of the first day of 2011, as the Russian side opened the fuel supply valve to China, the Sino-Russian crude oil pipeline was formally put into operation, and Russian crude oil began to enter the Chinese mainland's oil storage tank located in the first station of Xing'an Town, Mohe County, Heilongjiang Province. The crude oil import strategy that marks the northeastern direction of China is essential, and the 15-year-old Sino-Russian crude oil pipeline contract with an expiration date of 20 years has begun to perform.

This Sino-Russian crude oil pipeline originates from the Russian Scovorodino transfer station in the Amur region of Russia's Far East, passes through the Chinese border, and ends at the Daqing Terminal. It has a total length of nearly 1,000 kilometers and is designed to deliver 15 million tons of oil annually. 30 million tons of oil. According to the previous plan, this should be the first Chinese line to be opened with the so-called "Tener Line" with a total length of 4,100 kilometers and a construction period of 4 years. The “Tenerna Line” starts from Tishset in East Siberia, Russia, passes through the north of Baikal, and then runs along the Baikal-Amur Railway and the Sino-Russian border area, leading to Russia’s Far East Port Nakhodka, both to China and Japan. The world's second and third largest economic powers supply crude oil.

The opening of the Sino-Russian oil pipeline on schedule is undoubtedly a win-win thing for both countries.

On the one hand, Russia has abundant oil and gas resources, and its rapid economic growth over the past 10 years has largely depended on the rapid rise in the export of oil and natural gas and its price. However, in the past, Russia (former Soviet Union) exported oil and gas mainly to European countries. Relatively speaking, the demand for these mature countries has little room for growth. In addition, Russia’s political relations with Russia, which has to pass through crude oil pipelines to Europe in recent years, have become tense and pose potential uncertainties to Russia’s traditional oil and gas strategy. China is the most economically emerging emerging economy in the world today, with huge market potential. Looking east, it will provide Russia's oil and gas industry with long-term stable support.

On the other hand, China is now the world’s largest consumer of energy and the second largest importer of crude oil. At present, China’s dependence on foreign oil has exceeded 50%. And it can be expected that with the rapid economic growth, China’s demand for foreign energy and resources will increase.

For a long time, China’s crude oil imports have been mainly dependent on the Middle East, where political and military situations are extremely unstable. Saudi Arabia and Iran in particular. The international anti-terrorism war and the Iranian nuclear crisis further exacerbated this unpredictable risk. Although China accelerated its cooperation with African countries in the first decade of the new century, the situation in these areas is also very unstable. And whether it is the Middle East or sub-Saharan Africa, it will take a long waterway to reach the ports on the southeastern coast of China. It is time-consuming and labor-consuming, and the possibility of instability in the Indian Ocean and the South China Sea is increasing. In contrast, the political relations between Russia and China are friendly and stable. The borderless border between the two countries guarantees that crude oil from Russia will directly enter the hinterland of northern China. The import of crude oil from China-Russia crude oil pipelines currently opened to China has reached 7%-8% of China's total crude oil imports a year. This is a sure thing.

Therefore, this incident at the beginning of the New Year is a successful cooperation between the two members of the “BRIC” countries that helps the diversification of crude oil trade between the two parties.

However, in fact, from the very beginning of the “Anna Line” to the later “Anna Line” and finally to the “Tenerna Line”, it was not necessary for us to change the Russian East Oil Transfer Plan. Until today, oil from Russia can be used. There is a game of interests between China and Japan, as well as the environmental protection factors of Lake Baikal. Of course, the most important thing is the working style of the Russians. From this point of view, however, the diversification needed for China's energy and resource security should go far beyond this cooperation between the two countries.

The construction of the “Tenerna Line” relied on the ** provided by China. We can clearly observe that in recent years China is trying to shift its huge reserves into effective control over overseas resources. In 2010, China’s investment in iron, copper, crude oil and other resources exceeded its investment in US Treasury bonds for the first time in history. The US government politicians' war wages against the *** exchange rate and the so-called "quantitative easing" policy of banknote printing by the Federal Reserve Bank of the United States will further push Chinese ** from the US government bond market to the international raw material market.

The opening of China-Russia crude oil pipelines is indeed a happy situation. It is a classic cooperation between emerging market countries to reduce their dependence on traditional developed countries and better cope with the uncertain international political and economic landscape. . It is believed that in the second decade of the 21st century, cooperation like this will become more frequent and more active. They will greatly reshape the global power map of this century—Russian oil flows to the west-to-east “diversion”. It is a meaningful symbol. Moreover, this change is through open, voluntary, and mutually beneficial market transactions, rather than an aggressive and exclusive form of political alliance.

Endless Sling

2.5Ton Polyester Sling Belt,2.5Ton Endless Round Sling Belt,Soft Endless Round Sling Belt

WINNERLIFTING SAFETY EQUIPMENT CO.,LTD. , https://www.winnerlifting.com

This entry was posted in on