Obstacles to a China-Russia Energy Deal
June 17, 2011 at 14:07 PM EDT
They say that natural gas is a more dynamic study in geopolitics than oil. Yes, petroleum is what makes the world go ’round. But, once you get it to a super-tanker, and you can ship it anywhere. Natural gas, of which the world consumes 3,000 billion cubic meters per year, is much harder (or more expensive) to transport. You have to build miles and miles of expensive pipeline to get it to your buyer. So whatever countries your pipeline runs through, or to—you’d better stay friends. Today I’m sending you a video by STRATFOR on the much-discussed potential energy deal between Russia and China. Ideology aside, the two countries would seem like a compatible couple (Russia is the world’s . . . → Read More: Obstacles to a China-Russia Energy Deal
