Pakistan, Iran finally sign gas pipeline accord

rock45

Active member
One wonders why now after 14 years this agreement gets signed? Just one big happy family and maybe China gets oil & gas via pipeline down the road cutting out the tankers. China busy they just bought a oil rig building company the other day. (I attached the link below)


Pakistan, Iran finally sign gas pipeline accord
http://www.dawn.com/wps/wcm/connect...Pakistan-sign-gas-pipeline-deal-media-szh--07

Pakistan, Iran sign gas pipeline deal
http://www.atimes.com/atimes/South_Asia/KE27Df03.html

PetroChina buys Keppel stake in SPC for $1 billion

http://www.reuters.com/article/innovationNews/idUSTRE54N13F20090525

What stops China from building 30 oil rigs/platforms on those little islands near Vietnam now? China buying upstream oil and it's nearby, think of the impact of maybe buying lower priced oil then at market prices?
 
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China has a bigger stake in this pipeline than Pakastan does. a little under- the table- jerk by china was probably an instigator to get this deal signed.
 
I agree China is behind this but can this pipeline be protected? I don't like seeing Pakistan and Iran do anything together period. China deals with both of them on many levels.

I think buying the oil platform building company is bigger then it looks but I guess time will tell.
 
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