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November 8th, 2010
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With all eyes turned to India during President Barack Obama’s visit, the emerging nation’s quest to meet its fast-rising energy demand in the face of increasing competition from regional heavyweight China, has come into sharp focus. Despite growing cooperation on trade and energy, tension between  China and India remain, particularly over China's support for Pakistan's nuclear power ambitions. In today’s Energy and Climate Brief, Alexandros Petersen of the Henry Jackson Society looks at India's recent energy disputes with China, as well as the several deals the emerging power has sought worldwide to expand its access to energy and critical materials.

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OUTLOOK

President Barack Obama and Prime Minister Manmohan Singh’s reaffirmation of their commitment to energy cooperation during this weekend’s state visit to India highlights the special position India occupies in energy geopolitics. Among the world’s leading consumers of energy (as of today, the US, China, Russia, Japan and India, in that order), India has for the past several years successfully managed to align with China and the developing world in global negotiations, while leveraging its position as a regional balance to China to secure a series of civil nuclear agreements that promise to help the country sustain its dramatic growth (which registered 7 to 8 percent annually even through the global economic downturn). This week’s GR Energy and Climate Brief, timed to coincide with President Obama’s visit, assesses India’s energy choices and previews the geopolitical implications of the country’s rapid growth, rising energy demand, and the potential for the emergence of a more substantial energy cooperation with the US.

Source: Reuters

Looking Further Afield

India, under the leadership of Prime Minister Singh, has found itself in direct competition with China in its pursuit of global energy resources.  In 2004, for example, a Chinese company outbid an Indian one to buy 50 percent of the BP-operated Block 18 in Angola. 

Full article here.

08 November 2010
Alexandros Petersen, Director of Research at the Henry Jackson Society &
Edward Scott-Clarke, Research Assistant at HJS.

 

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NAMES IN THE NEWS
(R-WA)
US House of Representatives

Hastings, presumptive chairman of the House Natural Resources Committee next year, has already signaled plans to attack the White House over the pace of oil-and-gas drilling permit awards.


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