{"id":545874,"date":"2010-04-28T09:44:34","date_gmt":"2010-04-28T13:44:34","guid":{"rendered":"http:\/\/climateprogress.org\/?p=23762"},"modified":"2010-04-28T09:44:34","modified_gmt":"2010-04-28T13:44:34","slug":"china-seals-oil-deals-map-of-china%e2%80%99s-major-overseas-oil-deals","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/545874","title":{"rendered":"China seals oil deals – Map of China\u2019s major overseas oil deals"},"content":{"rendered":"

China\u2019s oil demand<\/a> is projected to grow by 80 percent between 2010 and 2030 due to its rapidly developing economy and in particular its growing middle class and exploding auto market.<\/p>\n

CAP has a new map<\/a> out showing where China is securing oil rights around the world.<\/p>\n

<\/span>China\u2019s largest national, government-owned oil companies\u2014CNPC, CNOOC, and Sinopec\u2014have taken aggressive action over the last several years to secure oil abroad in an effort to cope with this growth and a looming global oil crunch. China\u2019s recent overseas oil deals have the potential to deliver more than 7.8 billion barrels of oil<\/a> to the country over the next several years.<\/p>\n

This figure shows some of China\u2019s largest, most recent oil deals, with a focus on 2009 and 2010 contracts. Highlighted among those are countries currently on the U.S. Department of State\u2019s travel warning list<\/a> for \u201cdangerous or unstable\u201d nations.<\/p>\n

\"China's<\/p>\n

For more information, see:<\/strong><\/p>\n