ESPO- Gas prom pipeline. Supplies nearly all of Asia's gas decreasing reliance on the Middle East.
Russia has a lot of oil and gas and is connected to China and Japan also it has made a deal with China to meet China's gas demand. As the pipes are going through any countries to reach the consumers this may cause geopolitics if the oil leaks also it has been re-routed due to environmental impacts of this pipeline eg it would have passed the habitat of the Amur cat which is a endangered species.
ESPO
oil pipeline to be completed by 2016 – 2600 miles long
The
pipeline offer Russia a new energy pathway into Pacific markets – markets which
are increasing in consumption!Russia,
China & Japan are interested in the pipeline for Geopolitical reasonsChina
& Japan competing for Russia’s oil and ESPO to secure their future energyTo
support it’s rapid economic growthChina’s
communist part need reliable energy supplies to maintain controlCurrent
Oil comes by tanker through the Strait of Malacca (near Malaysia) and are
subject to pirate attacksJapan wants Russias oil It
has almost no oil reserves of it’s ownIt’s
the World’s 3rd
largest oil consumer¾
of oil comes from the Middle East so it is very dependent on this unstable part
of the WorldAccess
to ESPO will reduce dependency by 15%Japan
wants to engage with Russia & increase economic and political influence
that is fallingJapanese
government to finance ESPO project $7 billion if pipeline doesn’t end in China
but extends to Pacific Coast closer to Japan.This
would restrict Chinese access to Russia’s oil & strengthen Russia &
Japan’s relationshipRussia
will also be able to export to other pacific countries such as Malaysia
worst grammar i have seen.
ReplyDeleteIt's not like yours is any better.
Delete