China Invites Oil Firms to Join Invasion of Tibet

The Guardian – The Chinese government is to woo foreign companies such as BP and Shell to explore for oil in Tibet.

The controversial move follows a failure by the partly state-owned PetroChina to realise Beijing’s hopes that the disputed land could quickly become a major source of fuel for energy-starved China.

PetroChina is to oversee the opening up of 10 exploration blocks for foreign participation in the Qiantang basin, in the far north of Tibet. The company has asked its Daqing Oilfield subsidiary to prepare a package of data and bidding documents that it will present to foreign oil companies in the second half of this year.
The Guardian