Ports-Pakistan & Louisiana, Cdn. Ports, Oil, LNG, Pipelines, Natives & Agreements, Sinopec "a 'much bigger' deal for oil sands" soon

Life imitates art

Building seaports in the middle of nowhere Judi McLeod, May 25, 2005

In the state of California, BNP Paribas acts as the sole agent for the state’s economic recovery bonds, the largest municipal bond sale in the U.S. Active in the municipal bond market for over 10 years, BNP is providing credit enhancement and liquidity support for the state of California’s sale of $2.97 billion of variable-rate Economic Recovery Bonds (ERBs).

Check BNP Paribas' connections. I have a vague memory . . .


Search: hidden compartments , Capturing Containers (www.bizneworleans.com) dated Nov. 1, 2004 by A.J. Mistretta , purchase of 2,800 acres , oil-for-food scandal BNP Paribas bank , roads and rail lines , Lykes Brothers Steamship Lines , Sea Point , two un-named Asian carriers to come , Amoss’s son Mark , Mandarin , Chinese tried to buy the port of Long Beach during , BNP Paribas , Panama Canal , Hutchison Whampoa , Lo Kashing

The title of this post will make sense if you link to and read the article.




Pakistan Today: China To Finance Further Deepening Of Gwadar Seaport (http://www.paktoday.com/gwader22.htm) Google cache for Pakistan Today, April 22, 05

JAKARTA: Chinese President Hu Jin Tao has conveyed Beijing's agreement to President Musharraf on financing further deepening of Gwadar deep seaport. China will finance the project from the remaining preferential buyers' credit of US dollars 500 million extended to Pakistan. [. . . . ]

Search: Asian-African Summit , Treaty of Friendship , China's expanding market , exchanged views on regional and international issues , UN reforms , cooperation in Railways sector , facilitating

There was no mention of Canada's Bombardier but it seems to me that if China has contracted with Bombardier on its railway to the top of the world to Tibet that Pakistan may need Canadian expertise, as well. Look for more business.

Good will helps. Isn't it fortunate--even fortuitous--that Canadian taxpayers have just gifted resident of France, Ismaili from Pakistan, the Aga Khan and his organization with $30-million for his Ottawa 'centre for pluralism'; that may grease the wheels. Besides, Canada has honoured him; see (GG & Order of Canada-Aga Khan & Paul Desmarais, Jr., Tax $$$ to Khan's 'centre for pluralism', Maurice Strong, Zenon, China, Kyoto, Coal, Info Control Monday, May 9, 2005 )

Aside from that, it appears that some are making a concerted effort to gain port entry to North America, in this case, through Louisiana. ( Li Kashing (Lo Kashing / Li Ka-shing) has acquired rights to the ports at either end of the Panama Canal. )

Think of the port activity Prince Rupert, the pipelines and companies trying to build them, the LNG terminal. Did I mention expansion or agitation for construction in connection with the port of Vancouver? (Check. I forget the details just now.)

Then, there is a new NB Irving LNG terminal with, fortunately, infrastructure that was built by taxpayers for the gas-oil orimulsion deal with Venezuela which fell through because there was no signed contract. How fortuitous for the Irvings, since the infrastructure was built with taxpayers' $$$ and the Irvings will benefit. Did I mention the favourable tax concessions the Irvings have managed to acquire, much to the chagrin of smaller businesses in St. John, NB?

And all I got were these lousy hacks . . . out of China. Pity. How about some fortuitousness for the hoi polloi?




"The Deh Cho anti-pipeline stance is spreading through Native tribes"

Fueling America: Canadian Oil Showdown -- Frozen pipeline: Tribe's success at blocking natural gas delivery system threatens development of oil-sands mines Robert Collier, The San Francisco Chronicle, 23 May 2005

Fort Simpson, Northwest Territories [. . . . ] The tribe, the Deh Cho First Nation, is blocking an 800-mile pipeline that would pass through its lands carrying natural gas from the Arctic Ocean to the booming oil-sands mines of Alberta.

[. . . . ] The oil sands need natural gas to help steam-heat oil out of the sands. With natural gas reserves and production shrinking elsewhere in Alberta and North America, a new supply from the Mackenzie River is needed to fill the gap and keep the oil sands pumping ever-increasing amounts of petroleum south to the United States. [. . . . ]

The federal treaties that the Inuvialuit, Gwich'in and Sahtu Dene tribes signed in the 1980s and 1990s provide that if a neighboring tribe wins better terms, their own treaties will automatically match those. [. . . . ]

What judge made that decision? Not one who has to pay for it himself, obviously. Taxpayers . . . again.

Does that mean there is a precedent which may apply to all court cases in all areas or is it just just assymetrically?

Search: broad taxation powers and $40 million , Shell and its partners , center of the resistance , special destiny to uphold the rights , negotiations with the federal government , ownership of subsurface mineral rights , 81,000-square- mile claim , a level of autonomy "fundamentally different" , Herb Norwegian , Aboriginal Pipeline Group , treaties , if a neighboring tribe wins better terms , Stephen Kakfwi , the effects of easy money , Crystal meth , welfare state , $8 million in annual subsidies , a second pipeline, a 2,600-mile, $20 billion project , 10 tribal groups in British Columbia and Yukon




Sinopec: to come, a "much bigger" deal for oil sands

FUELING AMERICA/China moves fast to claim oil sands /Although Chinese holdings in Alberta are still small, they are a foothold on the North American continent as the U.S. rival seeks to develop energy sources worldwide to boost its rapidly growing economy Robert Collier, The San Francisco Chronicle, 22 May 2005

Calgary, Alberta - If Americans think the oil sands bonanza in their northern backyard will solely benefit the United States, they may be surprised. Chinese officials are making fast inroads into Alberta, snapping up petroleum deals with the skill of Texas oilmen.

[. . . . ] China National Offshore Oil Corp. bought a $150 million share in oil sands producer MEG Energy Corp. And PetroChina Co. signed a memorandum of understanding with Enbridge Inc. for half of the supply on the proposed $2 billion Gateway pipeline, which will move 400,000 barrels per day from Alberta to the port at Prince Rupert in British Columbia.

Hou Hongbin, a vice president of Sinopec, predicted his company would soon announce a "much bigger" deal for oil sands.

[. . . . ]

Search: China National Offshore Oil , Canada is a key , Frank Gaffney, president of the Center for Security Policy



FUELING AMERICA: OIL'S DIRTY FUTURE -- Canadian oil sands: Vast reserves second to Saudi Arabia will keep America moving, but at a steep environmental cost Robert Collier, The San Francisco Chronicle, 22 May 2005

[. . . ] Just north of the oil boomtown of Fort McMurray, the forest suddenly falls away into a series of enormous strip mines as deep as 250 feet and covering many square miles each. . . .

Nearby, refineries burn natural gas to steam-cook the sands, separate the tarry residue and purify it into oil.

[. . . ] The oil sands industry now consumes about 400 billion cubic feet of natural gas per year, an amount that could triple by 2015 as oil production rises by the same amount. [. . . ]

Search: Syncrude , no minister of the environment on Earth who can , "Newfoundland province, Venezuela and even the Middle East" , requiring about four times as much natural gas , a consortium that has spent $5 billion , "Melissa Blake, the mayor of the Regional Municipality of Wood Buffalo" , 314 billion barrels , main energy gamble , plan for complying with the Kyoto Protocol includes , oil sands are the most dirty , global warming



Liberal candidate wins Labrador byelection CTV.ca News Staff, May 25, 05

[. . . . ] In a ballot considered critical to the fate of the minority government, the east coast riding's 19,000 eligible voters chose to send Liberal Todd Russell to Ottawa.

With 90 per cent of the polls reporting, the former leader of the Labrador Metis Nation had 50 per cent of the vote, compared to 30 per cent for his Conservative rival, former Labrador City mayor Graham Letto. [. . . . ]

Indian Affairs Minister Andy Scott was out to meet with with aboriginal groups, while newly-appointed Human Resources Minister Belinda Stronach swung through to give her first speech for the Liberals on Sunday. [. . . . ]

Search: announced a major international military exercise

Was it not fortuitous that Minister Scott has concluded a deal of some kind--or was it a quid pro quo?--with Labrador natives some time within the last few months. (Check this site for an article with a link.)

Has the cost for courting that particular identifiable voting bloc come out yet? Elections are so expensive.

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