A Hazardous Game – The Strait of Malacca
... ~15 million barrels of oil pass there daily or 1/3 of the global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available there (e.g. Lombok-Makassar or Sunda Strait [very shallow]),... ... production percentage or acquires entire firms, while adding points I am yet to say. They stress that China’s majors (CNPC, Sinopec and CNOOC) have become increasingly dynamic in dozens of nations due to a state policy of “going-out”, which ...
08.10.2013