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Latin American oil producer welcomes Chinese contract

Copenhagen News.Net
Monday 15th March, 2010

The China National Offshore Oil Corporation has agreed to pay $3.1 billion for a 50% stake in the Bridas Corporation, an Argentine oil and gas group.

The Chinese will enter Latin America with the deal, which will give them production permissions throughout Argentina, Bolivia and Chile.

Bridas has proven oil reserves of 636 million barrels, which makes the deal particularly attractive to CNOOC.

Bridas holds a 40% stake in oil business Pan American Energy, which is 60% owned by UK group BP.

 

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Comments on this story

Anonymous
03-15-10, 08:08 AM

China enters Latin America in oil deal

Bridas is 60% OWNED by UK group BP. Wow!

Tentacles of anglo-american oil and natural gas companies are everywhere. Bad precedence.

Anonymous
03-16-10, 02:49 AM

CHINA, LISTEN UP FAST! YOU MUST STOP IT!

CHINA CONSTRUCTION BANK IS EXTENDING $4 BILLION USD (28 BILLION YUAN) CREDIT TO DRAGON POWER GROUP COMPANY IN SHANGHAI TO FINANCE A PLAN BY THE *BIO-MASS* BASED GENERATOR TO BUILD 100 POWER PLANTS OVER THE NEXT 5 YEARS.

THE BANKER KNOWINGLY OR UNKNOWINGLY IS LENDING THE MONEY TO HAVE PREDOMINANTLY FOOD CROPS FOR HUMAN CONSUMPTION BURNED UNDER THE PRETEXT OF POWER GENERATION.

NOW THAT THE PLAN TO STARVE THE GENERAL POPULATION OF CHINA (THROUGH GMO SEEDS AND GMO FOOD) IS WIDELY EXPOSED, THE ENEMY IS TRYING TO IMPLEMENT PLAN B WHICH IS TO DECEIVINGLY EXECUTE THEIR PROGRAM OF THE BURNING OF FOOD CROPS FOR ENERGY PURPOSE FOOLING POLICY MAKERS TO GROW CROPS TO PRODUCE ENERGY INSTEAD OF FEEDING ITS OWN PEOPLE.

IT IS A VERY DEVIOUS PLAN.

CHINA, YOU MUST ALSO NEED TO *PURGE AND CLEAN UP* THE MINISTRY OF AGRICULTURE (INCLUDING THE BIO-SAFETY COMMITTEE), TRACE THE DISTRIBUTION CHANNELS FOR GMO SEEDS AND FOOD THROUGHOUT CHINA, AND IMPLEMENT LAWS FOR SEVERE PUNISHMENT FOR GMO SEEDS AND GMO FOOD DISTRIBUTORS, SCIENTISTS, MAINSTREAM MEDIA PERSONNEL, OR INDIVIDUALS PROMOTING AND FACILITATING THE SPREAD OF GMO SEEDS AND GMO FOOD.

THERE ARE MORE ISSUES TO BE ADDRESSED LATER INCLUDING THE *DIRECTLY* (AS OPPOSED TO THE ANIMALS *INDIRECTLY* GENETICALLY-MODIFIED BY FEEDING THEM WITH GMO SEEDS AND GMO FOOD) GENETICALLY-MODIFIED ANIMALS ENGINEERED BY THE FRANKENSTEIN (IT MEANS MAD SCIENTISTS) SCIENTISTS FOR GENERAL PUBLIC CONSUMPTION SUCH AS THE PIGS SOON TO BE MARKETED IN CANADA AND EXPORTED THROUGHOUT THE WORLD WITH *RAT* GENES IN THEM. YUK!!!!


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