Building a world of
resilient communities.

MAIN LIST

 

India taps into Chinese energy sources

India finally announced the long awaited announcement that she will tap into Chinese energy sources. The news was significant because India and China agreed to collaborate and support each other on Energy.

GAIL, India's largest gas distributor yesterday said it had signed a memorandum of understanding to acquire a 10 per cent stake in China Gas Holdings. GAIL is the latest overseas investor to buy into the Hong Kong-listed Company’s presence in Mainland China's retail gas market.

Earlier this week, China Gas struck a similar deal with Korea Gas, which, like GAIL, agreed to a two-year lock-up period and to set up a separate joint venture with China Gas on natural gas and other energy related projects in China. Singapore's Temasek signed a preliminary deal for a 10 per cent stake last month.

According to sources, India and China will collaborate and share world’s energy sources.

Editorial Notes: A 'thin' article but a significant development, another marker of the speed with which energy is changing geopolitical assumptions. I hope the last line is idiosyncratic language, not notice of plans for world energy hegemony. Original title: "India taps into Chinese energy sources – signs of Sino-Indian collaboration in Energy sharing and prosperity". -LJ

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Former Inspectors Describe Dangerous Flaws in Construction of Major East Coast Gas Pipeline

In April, a massive explosion ripped through rural Salem Township, …

Northwest Tribes Band Together to Stop Oil-by-Rail

There’s no such thing as a good place for an oil-train derailment, but …

The Role of Development Banks in Energy Transition  

Multilateral Development Banks (MDBs) like the World Bank, the African …

Peak Oil Review - July 18 2016

 A weekly roundup of peak oil news, including: -Oil and the global …

M. King Hubbert and the future of peak oil

A new biography reveals the man most associated with the idea of peak oil to …

Hooked! The Unyielding Grip of Fossil Fuels on Global Life

Here’s the good news: wind power, solar power, and other renewable …

Peak Oil Review: A Midweek Update - 14 July 2016

A midweek update. Oil prices were up on Tuesday after OPEC released a …