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Page added on December 15, 2005

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China muscles in to Africa oil scrambl

Chinese companies are charging into Africa’s oil sector, snapping up partnerships in Nigerian and Angolan offshore blocks, building facilities and pipelines in Sudan and prospecting in Mali, Mauritania, Niger and Chad.
“They’re everywhere, they’re really going for it,” said Catriona O’Rourke, Africa analyst for Wood Mackenzie.

This newest scramble for Africa’s oil resources more than a century after the continent’s colonial carve-up puts China in direct competition with the United States, the world’s single biggest energy consumer.

Reuters



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