August 11, 2005

The world is becoming predictable ;)

Again, not surprising:
China chided after starting to drill for gas.

It's a bit funny that no one can say for certain whether China is drilling or not. Or if there are pipelines built or not. You would think that those are things that would be relatively easy to figure out, no? I must be missing the problem here.

And of course, even if the Japanese company Teikoku Oil will start drilling in the near future, the question remains how they will get it to shore. I would think that you would need some sort of pipeline network and a liquidification (sp?) terminal on the Japanese coast. I really doubt if it is actually worth the cost seen from the gas point-of-view. Of course, it's more than likely that this issue is about much more than just gas: territory, sovereignty, fishing rights etc etc.

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