. Space Travel News .




.
ENERGY TECH
China seeks Libyan guarantees on business interests
by Staff Writers
Beijing (AFP) Sept 3, 2011

Beijing has asked Libya's new rulers to guarantee Chinese business interests in the north African country, despite not supporting the military action that helped bring them to power.

China is the only permanent member of the UN Security Council yet to formally recognise the Transitional National Council and repeatedly opposed NATO's use of force in support of the rebels during recent fighting.

In talks in Paris on Friday with Mahmud Jibril, the number two in the transitional authority, Chinese Vice Foreign Minister Zhai Jun said he "respected the important role of the TNC in Libya".

He added that China stood "ready to maintain close contacts to promote friendly Chinese-Libyan relations", according to a statement on the website of the Chinese embassy in France.

But he also asked Jibril to guarantee the interests of Chinese companies in Libya amid fears in Beijing that Libya's new government may give preferential treatment to Western countries that supported the rebels.

China, which long helped prop up the Kadhafi regime, has invested billions of dollars in rail, oil and telecoms in Libya, and has commercial and strategic reasons for not wanting Western countries to exert too much influence there.

"China is ready to grant reconstruction aid to Libya... and hopes that the TNC will take into account China's concerns, respect its commitments and guarantee the interests of Chinese business interests in Libya," he added.

Zhai represented Beijing as an observer at talks in Paris on Thursday at which the international community agreed to free up billions of dollars' worth of Libyan assets to help the country's new rulers.

Jibril told Zhai the interim authorities would take whatever measures were necessary to protect Chinese citizens and property in Libya, the statement said.

According to a previous commerce ministry statement, China has 50 large-scale projects worth at least $18.8 billion in Libya.

The state Xinhua news agency late last month urged Libya's new leaders to protect foreign assets and honour business contracts and projects signed with the Kadhafi government.

China, a major oil importer, needs to secure stable supplies of the resource to help keep its huge economy moving.

The North African state produced about 1.6 million barrels per day of oil before the rebellion broke out, but output has since slowed to a trickle.

Related Links
Powering The World in the 21st Century at Energy-Daily.com




 

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries








. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY TECH
Norway eyes gas pipeline to Barents Sea
Bodo, Norway (UPI) Sep 2, 2011
Norway says it is studying extending its existing offshore natural gas pipeline system hundreds of miles northward to tap new discoveries in the Barents Sea. Foreign Minister Jonas Gahr Store told attendees at a conference last week in Bodo, Norway, the state-owned energy company Gassco is now looking at how the Norwegian shelf gas pipeline system could be extended more than 600 miles t ... read more


ENERGY TECH
Kazakhstan won't ban Russian rocket launches from Baikonur

Third ATV begins its preparations for launch on Ariane 5

Arianespace preps for next Ariane 5 mission to launch Arabsat-5c

Orbital Receives License for Taurus II COTS Demonstration Mission

ENERGY TECH
Opportunity Studies Rocks on Crater Rim

Epic search for evidence of life on Mars heats up with focus on high-tech instruments

HDU Technologies Demonstrated in 2011 Field Testing

Filling the pantry for the first voyages to the Red Planet

ENERGY TECH
Armstrong relives historic Moon landing

NASA's Next Generation Robotic Lander Gets Sideways During Test

Moon Express Gets Thumbs-Up from NASA for Developing New Lunar Landing Technology

NASA Moon Mission in Final Preparations for September Launch

ENERGY TECH
The PI's Perspective: Visiting Four Moons, in Just Four Years, for All Mankind

Citizen Scientists Discover a New Horizons Flyby Target

View from the Summit: Hunting for KBOs at the Top of the World

Hubble telescope spots tiny fourth moon near Pluto

ENERGY TECH
Greenhouse Effect Could Extend Habitable Zone

A Planet Made of Diamond

Astronomers Find Ice and Possibly Methane on Snow White

Hubble to Target 'Hot Jupiters'

ENERGY TECH
US looks for answers after hypersonic plane fails

US military loses contact with hypersonic aircraft

NASA Selects Companies To Study Storing Cryogenic Propellants In Space

Ball Aerospace Develops Flight Computers for Next-Generation Launch Vehicles

ENERGY TECH
Chang'e-2 moon orbiter travels around L2 in outer space

China State media says Tiangong 1 to launch in early Sept

Time Limits for Tiangong

Orbits for Tiangong

ENERGY TECH
Earth-bound asteroids come from stony asteroids

NASA Plans to Visit a Near-Earth Asteroid

Comet Elenin Poses No Threat to Earth

Asteroid Photographer Beams Back Science Data


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement