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And to cope with Iran is very likely "break the oil" risk, China petroleum [10.20 1.39% shares it research report] company is contemplation of the situation is also on the many units.

January 11,, Iran's largest oil buyers sinopec has and the Arab state oil company (hereinafter referred to as "Saudi Arabia may") sign the final agreement, plan in Saudi Arabia's west coast city to build a day processing power for 400000 barrels of oil refineries,nike free tr this is also the first laid sinopec overseas oil refinery. Earlier, the national development and reform commission on its official website announced the project approval documents and the total investment of about 10 billion dollars.

According to preliminary agreement, plan for the construction of a refinery Saudi Arabia may hold 62.5% of the shares, sinopec will hold surplus equity. The media pointed out that this is also the Chinese oil companies scattered and dissolve the risk of Iran and reflect.

Sinopec a insiders when accepting a reporter to interview, said the Saudi oil refinery is the extension of petroleum and petrochemical industry chain cooperation, is expected to 2014 years to enter the business operation, and at present the tension in the Iran has no direct contact.

But a central Asian problems research experts to accept our reporter interviews that, through the further cooperation with Saudi Arabia, do not eliminate will be further enhanced oil imports of the total amount of may. In Europe and America and other countries and Iran game vortex oil company worry about China in Iraq feel the impact of the project concerns also highlights without involuntary discharge of urine.

"China's oil company in Iran's many projects are larger scale, if hit, these losses shall be borne by the enterprise will be, and as far as possible to reduce the loss, began from political dialogue is very obvious." The regional economic research experts said.

China's attitude

Authorities in Iraq for more political points in the international society "friends" around, after leaving China,nike free run U.S. Treasury secretary cover for the Japanese began to Turner pressure.

January 12,), Japan's finance minister Ann live chun says, Japan will take measures to reduce dependence on oil imports to Iran.

The central Asian problem experts say, the United States now have stepped up India, Japan and South Korea and other countries of the pressure on Iran to reduce oil imports, and the American pressure means or will will also through channels have continued, but China, in contrast, the attitude was more key.

According to the Wall Street journal 11 days of reports, cover Turner's visit to the, urged China to cut Iran's oil imports, but this proposal met with China's question.

Facing the interests of all parties involved sensitive situation, accept our reporter interviewed more than the observers are said, for the present situation of Chinese character, and the United States aspects of coordination dialogue is very important, "the most worried about the situation in Iran in the short term, or even worse, if no buffer time collapse, the impact to the impact of China's energy security will be huge."

Our reporter understands, at present China's dependence on foreign oil is more than 55%, of which 47% were from the Middle East, it was called "the strategic throat" HuoErMuZi strait is more Asian countries accept the Middle East of imported oil mingmen.

Data shows, is located in the Arabian peninsula and southern Iran HuoErMuZi strait between, the narrowest point is only 48.3 kilometers, is an important oil-producing countries such as Saudi Arabia sea oil output the necessary land. According to the statistics, the world nearly 40% of oil and natural gas a substantial number must be shipped from the world, every day here in 2011 by shipped all over the world to reach 17 million barrels of crude oilNike Free 5.0, including more than 80% to Asia.

China's oil university professor cheung told reporters, according to relevant institutions data released by the once HuoErMuZi strait were closed, international crude oil prices are very likely surged above $200 a barrel. At present, in the European debt crisis, and the United States is in the economic cycle down operation, the 2012 years of Chinese economic situation also not optimistic, if the Middle East oil is cut off, the global economy will no doubt right now.

January 11,, foreign ministry spokesman a. i. tauber ed. host regular press conference made clear when pointed out that China is a developing country, with reasonable energy demand. We have repeatedly said, with many other countries, China maintained normal with Iran, open and transparent energy and economic and trade cooperation, this and the nuclear problem have no relation, don't violation of United Nations security council resolutions, should not be affected.

Prepare for a rainy day

Iraq stalemate tug-of-war, or so the Chinese company is at present dilemma can strive for the time, try to avoid the loss.

In fact, since October 2011 in Iran since the tight, Chinese companies to save for a rainy day of protecting for in an already. According to our newspaper reporter understanding, currently in Iran involving energy, infrastructure, communication and other business Chinese companies have as many as 100. In the key energy field, three big oil companies also have delayed the project in Iran, cnooc, and even more evacuated in Iraq the staff.

And in the buffer Iran threat broken oil, China imported crude oil from the Middle East of the channel also or will be more diversity. Our newspaper had earlier reported 2012 including three big oil companies, sinochem corp, zhenhua oil and a number of Chinese oil company will return to Iraq. In addition,Nike Free 7.0 is located in the west of the united Arab emirates ABU dhabi oil pipeline also will be the oil source for another important channel.

The news from the international oil nets, said on January 9,, the united Arab emirates energy department officials say, is building the oil pipeline in ABU dhabi will may or June formally put into use, it is worth noting that, this pipe can make the united Arab emirates crude oil directly through its eastern's largest storage hub rich check IRA port to the Arabian sea and the Indian Ocean, and do not need to be after HuoErMuZi strait.

Our reporter understands, the construction of the pipe by ABU dhabi international oil investment company responsible for, and by the oil in its China petroleum engineering construction corporation undertake the project construction, and the 360 km pipeline, pipe diameter 48 inches, pipeline design rated throughput of 1.5 million barrels per day, design for maximum throughput of 1.8 million barrels per day. In addition, also including a connection stand, 1 first, a standing among, a terminal and 3 shipment of single point with offshore mooring device.

An increasingly tense for the Persian gulf, the pipeline strategic significance are very obvious. In 2011, in ABU dhabi oil had been with state oil company signed a strategic association for 20 years