Saudi investment in Pakistan stokes tensions with China

[El Sidd]

a present day Catholic is Not an Evangelical you trolling cretin!

Well then i apologize to the Pope. Happy now?

 

[Crystal-Clear]

lol total BS .

 

[macnurv]

Fake News

 

[nahtanbob]

What bs.
That super oil refinery is for China
China is world's largest importer of petroleum
Saudis r largest exporter
And Pakistan shortest route between the two
And Pakistan already has enough refining capacity for domestic consumption

Even a child with little current affair and basic geography knowledge would know that

Looks like Trump is tip of the iceberg


Of Western and their allies stupidity

who is building the pipeline from Pakistan to China ?

 

[maximuswarrior]

Remember that Japan belongs in the anti-China camp. Historically Japan has a superiority complex against China. Japan has been reeling ever since China started the OBOR project. The propaganda emanating from Japanese media sources against OBOR is increasing day by day. Japan is along with Australia and India among the few nations that support US stance of China containment policy. Japanese media will naturally provide a platform to all anti-CPEC elements.

Japan is irrelevant when it comes to providing relief to master US. China cannot be contained with the help of Japan, Australia or India for that matter.

 

[Hakikat ve Hikmet]

Fact: Trump has been tamed somewhat by the people that matter in reality.

Do you realize that there are many "Westerns" who are trying to help you? Same cannot be said about your Muslim brethren from India, Turkey, Afghanistan and Iran (many of them actually want to (and are trying to) erase you from the world map!

Why Turkey???? Turkey is very much a part of BRI....

 

[HAIDER]

What bs.
That super oil refinery is for China
China is world's largest importer of petroleum
Saudis r largest exporter
And Pakistan shortest route between the two
And Pakistan already has enough refining capacity for domestic consumption

Even a child with little current affair and basic geography knowledge would know that

Looks like Trump is tip of the iceberg


Of Western and their allies stupidity

I think China wants to setup its own Petro chemical complex in Gawadar. But, favors from other nations are long term disaster from one way or another ...

 

[nahtanbob]

Why Turkey???? Turkey is very much a part of BRI....

Turkey is a member of NATO

 

[Chakar The Great]

Full article:

QUETTA, Pakistan -- Saudi Arabia's multibillion-dollar investment in Gwadar at the southernmost tip of Pakistan is complicating Islamabad's delicate relations with Beijing.

China is wary of the increasing Saudi presence in their strategically important neighbor as Riyadh prepares to sign an agreement to build Pakistan's largest oil refinery when Crown Prince Mohammed bin Salman visits Islamabad next month.

Saudi Energy Minister Khalid Al-Falih visited the proposed site for the oil refinery in Gwadar on Jan. 15. Pakistan's Board of Investment Chairman Haroon Sharif told media that Saudi Arabia is expected to invest around $15 billion in the country in the next three years.


Gwadar is a coastal town on the Arabian Sea and where China has invested heavily to develop a strategically important port for its China-Pakistan Economic Corridor projects. The CPEC includes a network of highways, railways and energy infrastructure that span the entire Pakistan and is a signature project of President Xi Jinping's Belt and Road Initiative.

Pakistan's decision to involve Saudi Arabia in the development of Gwadar is controversial because Beijing has already poured huge amounts of money and resources there. The multibillion-dollar new investment is expected leave space for Riyadh to break Beijing's economic stronghold, experts said.

Heavy-duty cranes towering above the first, 602-meter long quay of the port of Gwadar in Balochistan, in the southernmost tip of Pakistan. © AP
China doesn't like Saudi Arabia's encroachment in Pakistan, said Mohan Malik, a professor at Daniel K. Inouye Asia-Pacific Center for Security Studies in Hawaii. But he also added that "Beijing cannot be averse to sharing the burden of propping up Pakistan with Saudi Arabia at a time of dwindling economic assistance from the United States."

There is also concern over Chinese companies being blocked out by Saudi in Gwadar. "[Saudi oil refinery] might elbow out Chinese energy companies from similar endeavors, undermining China's own economic gains from BRI," said Luke Patey, senior research fellow of the Oxford Institute for Energy Studies at the University of Oxford.

Islamabad's decision to invite Saudi Arabia, however, is also seen as its plan to diversify financial and economic sources. "Pakistan does not want to put all of its eggs in one basket, " said Malik Siraj Akbar, a Balochistan analyst based in Washington. "Pakistan's strategy to diversify its sources of financial support will reduce its dependence on one single country."

Pakistani Prime Minister Imran Khan has been knocking on the doors of many countries, trying to get the assistance needed for development as well as financial help to overcome a balance of payment crisis. In addition to the International Monetary Fund and China, Pakistan has been seeking assistance from Saudi Arabia and Qatar. The prime minister is set to visit Qatar for the first time at the end of this month.

SEE ALSO

Pakistan turns to 'friends' after failing to secure IMF bailout
The expanding presence of Saudi Arabia in Gwadar is also irritating Pakistan's western neighbor Iran.

The site of the proposed oil refinery in Gwadar is just 70 km from the border of the Iranian province of Sistan-Baluchistan. This Iranian province, populated by ethnic Sunni-Baloch, faces terrorist attacks. Tehran blames Saudi Arabia for supporting Sunni-Baloch militant groups against Iran which is majority Shia Muslim.

"[Growing presence in Gwadar] would heighten concerns about Saudi designing to foment trouble in neighboring Sistan-Baluchistan province in order to further contain Iran," Malik said.

If Saudi presence is not confined to economic activities and used as political leverage, Islamabad risks jeopardizing Chinese investments in CPEC and elsewhere in the country, said Malik Siraj Akbar. "This approach will make the region a hub of renewed tensions and violent clashes between local Iranian and Saudi proxies."

Apart from irking China and Iran, the proposed Saudi investments in Gwadar are also creating domestic political problems.

During a parliamentary session on Jan. 14, legislators from Balochistan -- home province of Gwadar -- threatened to protest during the visit of the Saudi Crown Prince. "We will tell the Saudi [crown] prince that Balochistan is not for sale and that elected representatives of the [Gwadar] port city have not been taken on board regarding the [oil refinery] development activities," said Aslam Bhootani, a National Assembly member from Gwadar.

 

[Zee-shaun]

Western media is barking louder and louder. We must be doing something right

 

[doorstar]

Why Turkey???? Turkey is very much a part of BRI....

Turkey is a member of NATO

Turkey is a member of NATO
Turkey wants to be a member of EU
Turks believe themselves to be superior to non-whites
Turks hate Arabs, most Pakistanis and Arabs love one another
Turks are also anti-China even if they are in BRI

even though Turks hold Saudi Arabia responsible for loss of Sultanat-e-Usmania, it is Turks who are responsible for the destruction and subjugation of Islam and rise of United Kingdom of Great Britain

 

[Hakikat ve Hikmet]

Turkey is a member of NATO
Turkey wants to be a member of EU
Turks believe themselves to be superior to non-whites
Turks hates Arabs, most Pakistanis and Arabs love one another
Turks are also anti-China even if they are in BRI

even though Turks hold Saudi Arabia responsible for loss of Sultanat-e-Usmania, it is them Turks who are responsible for the destruction and subjugation of Islam and rise of United Kingdom of Great Britain

China (or maybe Russia)
From Gwadar-Kashgar: Crude oil pipeline requires $10 billion

By Zafar Bhutta
Published: May 18, 2018
https://tribune.com.pk › Business

ISLAMABAD: The Frontier Works Organisation (FWO) and foreign investors have estimated an investment of $10 billion in laying a crude oil pipeline from Gwadar to Kashgar that will have transmission capacity of one million barrels per day.

The federal cabinet, in its recent meeting, was informed that engineering company FWO, in cooperation with private-sector foreign investors, wanted to build a crude oil pipeline from Gwadar (Pakistan) to Kashgar (China) and had requested the Petroleum Division to sign a memorandum of agreement that would assure the investors that Pakistan government would not take over the planned investment.

Provisional capacity of the oil pipeline will be one million barrels per day that can be enhanced further at a later stage. Furthermore, Pricewaterhouse Coopers audit and consulting services company has confirmed viability of the project for securing required funding of $10 billion.

A proposal in this regard has been sent to Planning, Development and Reform, Defence and Finance Divisions for their views. The Law and Justice Division has already endorsed a summary. Approval was also solicited for signing the memorandum of agreement with the FWO.

During the course of discussion in the cabinet meeting, it was pointed out that preamble to the memorandum of agreement had mentioned the Ministry of Energy (Petroleum Division).

The cabinet considered the summary for signing the memorandum by the FWO and the Ministry of Energy (Petroleum Division) and accorded its approval.

The pipeline will run from Gwadar Port to western China and will allow Beijing to diversify and step up imports of crude oil. Former prime minister Nawaz Sharif had floated the idea of constructing the oil pipeline during a trip to China.

Gwadar is quite close to the Persian Gulf from where nearly 40% of the world’s crude passes.

According to officials, China meets 50% of its oil demand through imports from the Middle East. Oil supplies come via Dubai-Shanghai-Urumqi route by covering a distance of around 10,000 kilometres.

Crude oil can be supplied through the shortest possible Dubai-Gwadar-Urumqi route – a distance of about 3,600 km. This can be achieved by laying an oil pipeline through the energy corridor up to western China via Karakoram Highway and Khunjerab Pass.

Hurdles in the way like high altitude, freezing temperatures and rough terrain can be overcome with the help of advance technology.

Many countries have successfully completed similar pipeline projects under extreme conditions and at high altitudes such as the Atacama gas pipeline, trans-Alaska pipeline and trans-Asia gas pipeline.

Published in The Express Tribune, May 18th, 2018

Looks like you have some serious problems with Turkey.....

Turkey does what she has to do. Could anybody stop her from getting into the Northern Cyprus or Northern Syria/Irak etc.???? Get used it for more are on the way....

 

[nahtanbob]

Looks like you have some serious problems with Turkey.....

turkey has serious identity issues under Erdogan

 

[Hakikat ve Hikmet]

turkey has serious identity issues under Erdogan

No. It's the opposite. The Turkish folks are getting into their original forms....

 

[nahtanbob]

No. It's the opposite. The Turkish folks are getting into their original forms....

if you say so