18-02-2009, 03:04 PM
This'll piss of Brzezinski...
http://news.bbc.co.uk/1/hi/business/7895350.stm
Russian and China sign $25bn deal
Russia and China have signed a $25bn (£17.54bn) deal that will see Beijing supplied with oil from Siberian fields in exchange for loans to Russian firms.
China Development Bank will lend $15bn to Russian state oil firm Rosneft, and $10bn to pipeline firm Transneft.
In return Russia will supply 15 million tons - 300,000 barrels a day - of oil annually for 20 years.
China is the world's second biggest oil importer, and has looked to diversify its imports away from the Middle East.
'Lot of funds'
Chinese Premier Wen Jiabao said the deal was one of "political importance".
In recent years China has turned to Russia, Kazakhstan, and countries in Africa and South America, as it seeks new oil supply avenues.
Russia views China and Japan, another huge importer of oil, as key markets for its East Siberian oilfields.
"Rosneft and Transneft can't borrow easily, so China steps in...with a lot of funds to lend because of China's huge wealth funds," said Leo Drollas, deputy director and chief economist at the Centre for Global Energy Studies.
"They have trillions of dollars of reserves and they're saying 'we'll lend you this amount to develop the oil fields and the pipeline infrastructure needed' and it will be paid for by deliveries of oil," Mr Drollas added.
http://news.bbc.co.uk/1/hi/business/7895350.stm
Russian and China sign $25bn deal
Russia and China have signed a $25bn (£17.54bn) deal that will see Beijing supplied with oil from Siberian fields in exchange for loans to Russian firms.
China Development Bank will lend $15bn to Russian state oil firm Rosneft, and $10bn to pipeline firm Transneft.
In return Russia will supply 15 million tons - 300,000 barrels a day - of oil annually for 20 years.
China is the world's second biggest oil importer, and has looked to diversify its imports away from the Middle East.
'Lot of funds'
Chinese Premier Wen Jiabao said the deal was one of "political importance".
In recent years China has turned to Russia, Kazakhstan, and countries in Africa and South America, as it seeks new oil supply avenues.
Russia views China and Japan, another huge importer of oil, as key markets for its East Siberian oilfields.
"Rosneft and Transneft can't borrow easily, so China steps in...with a lot of funds to lend because of China's huge wealth funds," said Leo Drollas, deputy director and chief economist at the Centre for Global Energy Studies.
"They have trillions of dollars of reserves and they're saying 'we'll lend you this amount to develop the oil fields and the pipeline infrastructure needed' and it will be paid for by deliveries of oil," Mr Drollas added.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14