A Hazardous Game – The Strait of Malacca
... demand and the Malacca Dilemma. Moreover, these majors favour unstable states with high corruption as this way competition from international oil firms is minimised which allows... ... they have little choice and China anxiously needs oil as the memory of early 2000s energy famish is still fresh. Basically, China cannot trade with OPEC smoothly as it... ... not corrupt to an extent that it sells major assets, nor can China engage Europe or USA as that is a political minefield. If we recall in 2005 CNOOC tried to buy USA’s...
08.10.2013