Exact(1)
The two countries have a very strong economic relationship, he noted, based mostly on China's growing oil needs.
Similar(57)
In the next half century, our oil needs will grow tremendously, and China, India and other developing countries will also increase their demand for oil.
Egg oil needs time to act.
China, which, like Russia, has veto power on the Security Council, was motivated in part by its growing need for oil, he said.
China's huge and growing need for oil imported from volatile countries in the Mideast and Africa has made energy independence one of the country's highest strategic and economic objectives.
Imports provide 60percentt of the oil that China's growing economy needs.
In an extraordinary piece of jejune analysis Mr. Krugman instructs us that the rise in oil prices isn't the result of runaway speculation but rather "of fundamental factors," and then repeats the standard oil patch saws citing growing needs of emerging economies, difficulty in finding oil, etc. Therefore "there's no good evidence that prices have gotten out of line".
This will inevitably threaten China's previously unchallenged privileged access to Sudanese oil, as a reliable source to fuel its rapidly growing energy needs.
With the rising global demand for hydrocarbon fuels, there is a growing need for the oil and gas industry to operate in deeper offshore waters.
In keeping with his pronouncements elsewhere in the world, he avoided the phrase "war on terror" and skated over America's growing need for African oil: about a quarter of what America requires will soon come from Africa, mainly Nigeria and Angola.
The aim, he says, is to bring stability to the poor, fragile Muslim countries along the Saharan belt that might otherwise collapse and create havens for terrorists of the sort Afghanistan became under the Taliban.American concern about terrorism in Africa is sharpened by a growing need for African oil.
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Justyna Jupowicz-Kozak
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