• 2 days PDVSA Booted From Caribbean Terminal Over Unpaid Bills
  • 2 days Russia Warns Ukraine Against Recovering Oil Off The Coast Of Crimea
  • 2 days Syrian Rebels Relinquish Control Of Major Gas Field
  • 2 days Schlumberger Warns Of Moderating Investment In North America
  • 3 days Oil Prices Set For Weekly Loss As Profit Taking Trumps Mideast Tensions
  • 3 days Energy Regulators Look To Guard Grid From Cyberattacks
  • 3 days Mexico Says OPEC Has Not Approached It For Deal Extension
  • 3 days New Video Game Targets Oil Infrastructure
  • 3 days Shell Restarts Bonny Light Exports
  • 3 days Russia’s Rosneft To Take Majority In Kurdish Oil Pipeline
  • 3 days Iraq Struggles To Replace Damaged Kirkuk Equipment As Output Falls
  • 3 days British Utility Companies Brace For Major Reforms
  • 3 days Montenegro A ‘Sweet Spot’ Of Untapped Oil, Gas In The Adriatic
  • 4 days Rosneft CEO: Rising U.S. Shale A Downside Risk To Oil Prices
  • 4 days Brazil Could Invite More Bids For Unsold Pre-Salt Oil Blocks
  • 4 days OPEC/Non-OPEC Seek Consensus On Deal Before Nov Summit
  • 4 days London Stock Exchange Boss Defends Push To Win Aramco IPO
  • 4 days Rosneft Signs $400M Deal With Kurdistan
  • 4 days Kinder Morgan Warns About Trans Mountain Delays
  • 4 days India, China, U.S., Complain Of Venezuelan Crude Oil Quality Issues
  • 4 days Kurdish Kirkuk-Ceyhan Crude Oil Flows Plunge To 225,000 Bpd
  • 4 days Russia, Saudis Team Up To Boost Fracking Tech
  • 5 days Conflicting News Spurs Doubt On Aramco IPO
  • 5 days Exxon Starts Production At New Refinery In Texas
  • 5 days Iraq Asks BP To Redevelop Kirkuk Oil Fields
  • 6 days Oil Prices Rise After U.S. API Reports Strong Crude Inventory Draw
  • 6 days Oil Gains Spur Growth In Canada’s Oil Cities
  • 6 days China To Take 5% Of Rosneft’s Output In New Deal
  • 6 days UAE Oil Giant Seeks Partnership For Possible IPO
  • 6 days Planting Trees Could Cut Emissions As Much As Quitting Oil
  • 6 days VW Fails To Secure Critical Commodity For EVs
  • 6 days Enbridge Pipeline Expansion Finally Approved
  • 6 days Iraqi Forces Seize Control Of North Oil Co Fields In Kirkuk
  • 6 days OPEC Oil Deal Compliance Falls To 86%
  • 6 days U.S. Oil Production To Increase in November As Rig Count Falls
  • 7 days Gazprom Neft Unhappy With OPEC-Russia Production Cut Deal
  • 7 days Disputed Venezuelan Vote Could Lead To More Sanctions, Clashes
  • 7 days EU Urges U.S. Congress To Protect Iran Nuclear Deal
  • 7 days Oil Rig Explosion In Louisiana Leaves 7 Injured, 1 Still Missing
  • 7 days Aramco Says No Plans To Shelve IPO

China to Acquire Another East African Energy Foothold?

China to Acquire Another East African Energy Foothold?

Beginning in 2001, then U.S. President George W. Bush declared a “global war on terror,” which saw U. S. military forces into regions where it previously had no presence.

One of the areas of concern to the U.S. military was Africa, where in 1977 the United States established an embassy in the East African horn of Africa state Djibouti. Since then the Republic of Djibouti’s government has consistently supported U.S. and Western interests, from the 1990-91 Gulf crisis. After the 11 September 2001 U.S. terrorist attacks, the following year Djibouti agreed to host a U.S. military presence at Camp Lemonnier, a former French Foreign Legion facility that now houses approximately 1,800 American personnel.

But the cash starved government is looking further afield than Washington for economic support, and, like many African countries, China is an alluring prospect.

On July 24 the Djiboutian Information Agency reported that Djibouti’s Minister of Energy in Charge of Natural Resources Ali Yacoub Mahamoud met with Chinese Ambassador to Djibouti Fu Huaqing to discuss cooperation in the energy sector, emphasizing possible geothermal and renewable energy projects. During the discussions Mahamoud emphasised Djibouti's interest in developing geothermal energy capacities with the intention of producing 100 percent of the nation’s energy needs from renewable energy sources by 2020. Ambassador Fu responded that China remains committed to supporting Djibouti’s energy initiatives for the “mutual benefit of both countries.” Seeking to bolster its renewable energy sector, Djibouti has also been discussing potential geothermal cooperation arrangements with the World Bank, Japan, Turkey and Libya.

For Djibouti, the U.S. military presence is increasingly overshadowed by China’s interest in developing the country’s energy potential. Djibouti has made several attempts to harness the country’s geothermal potential, starting as far back as the 1970s. Besides China, other institutions interested in Djibouti’s geothermal energy include the International Development Association, the French Agency for Development, the African Development Bank, the Sustainable Energy Fund for Africa, the Energy Sector Management Assistance Program, the Global Environment Facility and the OPEC Fund for International Development.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News