What increasing energy interdependence means for China-Iraq relations
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- Опубліковано 1 жов 2024
- All foreign licences during Iraq’s latest oil licensing round went to China, and none to major European or American players.
As the Middle Eastern country rebuilds after years of occupation and fighting, it’s China that appears to be reaping the rewards of stability, importing nearly half of Iraq's oil.
But China, too, has something that Iraq wants - solar technology.
Stuart Smith takes a look at what increasing energy interdependence means for the two countries.
China needs oil
Iraq needs cash
Nothing wrong if "oil exchange with cash"
Common Business Sense
Western Media: AT WHAT COST???
3:39 help protecting your country from an aggressive neighbour? Wow, really? CNA?
Wym? Iran smuggling weapons through Iraq towards Hamas isn't good for the Iraqi government's control.
Didn't Iraq ask the US to leave and the US played deaf?
Iranian proxies in Iraq are asking the US to leave after attacking the US and then getting destroyed.
No it's all iraq @chillxxx241
Reaping the rewards? On who's hard work? This phrase usually implies someone did the hard work prior, so are you implying that the US and its so called allies helped Iraq in any way for the past 3 decades? What an interesting choice of words. You can do better CNA.
CNA is refering to how the USA and it's western allies went through all the trouble to fight in the second gulf war, just to overthrow Saddam Hussein in the early 90s (for the sake of Iraqi oil)....
@@LLee0 thanks yes I see what you mean now. But this reporter is still very condescending and carries prejudice IMO. This reporter is a repeat offender, and CNA should look into it. She’s clearly biased and unprofessional. If she has this attitude towards all of the topics then it’s I’ll accept it as inquisitive, but only hostility towards China is uncalled for. I expect more from CNA, a neutral and professional media group. That’s all I have to say
@@LLee0 The second war against Iraq and ultimately overthrew Saddam Hussein, the U S and its allies later completely destroyed Iraq and then created more terrorism and spread through Syria.
@@alanc6416 CNA news media is a lapdog of the U S A, it is probably funded by the CIA that why they are always talked negative about China.
@@LLee0This was always lies spread by Chinese who really wanted the Iraqi oil.
It means Iraq is in the over capacity list. 😆
what?this channel make me laugh 😂😂😂😂.. western building iraq ?this is definitely western propaganda channel
Western mentality: Dependent on China is dangerous, but dependent on Western especially USA is very good. So Russia was dependent on Western financial systems and trade, and suddenly Russia was banned by West.
This will make the US Israel NATO unhappy
It won't at all. The USA doesn't want to be the security guarantor of the middleeast. The oil is going to China who's declared the USA the rival. If your neighbor declared that you were their mortal enemy, would you mow their lawn?
so what
@@OzIan1983 so what means a expect war. everything is a nail to a hammer.
It will make them unhappy that all of the US oil companies have left the country because they can't make enough money to justify a flat fixed fee per barrel?
The US doesn’t want to be there and either does the EU. Israel has its own gas discoveries. NATO?…Now you are just being dumb.
The Americans: Iraq you are producing more oil than you need, it's overcapacity, sanction you, tariffs., national security threat.
Why would US companese go to iraq qnd pay for oil, they r getting fir free for occupied Syria
Syrian oil doesn't go to America. www.eia.gov/todayinenergy/detail.php?id=3110
This is a lie. Türkiye is getting the Syrian oil.
The idea that Iraq is relying on China is stupid.
Relying implies the are other options and Iraq chose one (China). There are no other options but China.
American did what in Iraq
@@OdongoFredrick After the West destroyed Iraq, their oil companies wanted literally free oil from the Iraqi, it was unreasonable demands.
So much cool stuff happening around the world....Thanks for the info CNA
When it’s not free they don’t want it
You are correctly stated, especially for the Western oil companies. After the West destroyed Iraq, their oil companies wanted literally free oil from the Iraqi, it was unreasonable demands.
❤
Iraq could commence assembly of solar panels snd commencement of installation abd exports both domestically and overseasin west Asia?
This contributes to China's status as a pollution leader in the world, despite clean energy narratives.
Are American and European Oil majors still involved?
The implication seems to be that that they are no longer involved
They don’t want to be in Iraq when there are more stable areas to invest. Iraq will have troubles once US leaves region. Iran, Saudi Arabia, and Iraqi Kurdistan will all interfere.
Just a propaganda channel 😢
Petronas is in Iraq
It means no war and more prosperity
meaning murica will beech and cry about it
Good afternoon❤️🇸🇬🇨🇳🇮🇶🦾😇🌹
Good afternoon to u too❤
The US demand for oil has declined due to its domestic production. As renewable is rapidly picking steam worldwide, we're slowly entering a new era of over-supply of fossil fuel energy (in the coming decades)...
God blessed humanity...❤❤❤
that's only US demand for oil from abroad. The fact that the US produces more doesn't mean it uses less.
@@wasnt.here.3853 That's true. Also, US has become a net oil export since 2022, thanks to the shell revolution. FYI.
I remember there’s a story of a Chinese guy went to Iraq starting a restaurant when Iraq war first started, the guy makes fortune.
I am a DXY guy my self but
kinda worried about RMB composition in asset allocation, if it’s constantly involved with these instability regions the credit of RMB might be damaged to certain aspect if it consider the region security into consideration and it always do.
which means my U.S dollar might get damaged because it was entangled, China can dump as much U.S dollar as they want but the region they get into with RMB is still loading up dollars…even Russia some of the people still hiding is dollar somewhere it’s hard to say what’s fault and what’s not, but generally peace and stability is what most people wanted. (But it’s sorta like a trap because peace enforcement cost more than stuff I mentioned, so unless China 10x 20x the military budget it’s not likely to have what people in this channel wanted, also if China 10x 20x Singapore will sweat really hard 😂, but who cares I don’t live in Singapore)