We all love crude oil refineries, and chemical plants where we want to retire right?
In 2007, Ecuadorean President Rafael Correa said the proposed 300,000-b/d RDP, to be built in the coastal province of Manabi, would cost around $5 billion, increasing to $10 billion if the partners decided to add a petrochemical plant on the site.
We know there will never be any spills, no emission to the atmosphere and that we can trust completely that China will only do its best to create the highest quality production facilities as they have done elsewhere in the world (where they haven't been kicked out as in many African countries).
Under the June 2013 agreement, CNPC (Chinese National Petroleum Corporation) said it will take a share in the construction of RDP (company name to be "Refineria del Pacifico") as well as participate in the exploration and development of Ecuador's upstream resources.
At the time, the RDP refinery and petrochemical complex was scheduled for completion by 2017, Ecuadorean President Rafael Correa said in a Jun. 29 release.
Above is a picture of protesters in Kunming, in China's Yunnan Province, demonstrated against a planned refinery Saturday, wearing masks with “No to Kunming PX” written on them.
Above is a fire and the typical emission that results from a refinery fire, in this case fuel tanks which burned - "A huge fire at China’s state-owned PetroChina Co. refinery in northeastern port city of Dalian has disaster-weary residents on edge, about yet another environmental threat. “We don’t know where to escape to; if there’s a big explosion, the city will blow up too,” one worried resident told The Epoch Times." - ref: http://www.theepochtimes.com/n2/chin...dge-60901.html
The world is getting a pretty good understanding of what buying Chinese means.
Lower costs right, but at what over-all long term expense?
There have been no discussions that plans for the refiner in Ecuador, that it's emissions plan is sound and will not damage the environment, that the fuels produced will not be any different than the typical "Bargain Rate Chinese Refiner" project.
From the Guardian, in 2011, http://www.theguardian.com/commentis...frica-industry
"Africa will not put up with a colonialist China"
"China's sacred text is not a holy book like the Torah, the Bible, or the Qur'an. Instead, it is The Art of War by Sun Tzu. Sun's core belief is that the "ultimate excellence lies not in winning every battle but in defeating the enemy without ever fighting."
"Nowadays, we are witnessing the application of Sun's ideas in Africa, where China's prime objectives are to secure energy and mineral supplies to fuel its breakneck economic expansion, open up new markets, curtail Taiwan's influence on the continent, consolidate its burgeoning global authority, and clinch for itself African-allocated export quotas. (The Chinese takeovers of South African and Nigerian textile industries are good examples of this strategy)."
To move to South America and perform a similar maneuver is no surprise, and to carry on with business as usual would be no different than what has been demonstrated in Africa.
Another point, China put in a refinery in Chad to develop lower grade oil produced from areas in the West of Chad. But, after it started, here is what the Chadian Oil minister reported as to their "standards of "good" (not) operating practices..
"The discovery by Chad's oil minister in August that the Chinese National Petroleum Corporation's (CNPC) exploration activities in Koudalwa had violated Chad's environmental standards is a blow to the CNPC and its relationship with the government."
ref: http://www.theafricareport.com/Centr...nightmare.html - CNPC turns CHAD into a SLIMY Nightmare
Back to Ecuador.. "Under the June 2013 agreement, CNPC said it will take a share in the construction of RDP as well as participate in the exploration and development of Ecuador's upstream resources. At the time, the RDP refinery and petrochemical complex was scheduled for completion by 2017, Ecuadorean President Rafael Correa said in a Jun. 29 release."
There is no reason to expect China to perform any differently in Ecuador than they have done in Mainland China (with producing shoddy fuels with high pollutant output), or explore as how they have done in Africa. There have been no demonstrations otherwise, nor examples shown where China has produced products in energy where people are happy with the end results.
In fact, the world is currently paying for the Chinese air pollution affecting weather worldwide.
And now in Ecuador, "a place to retire in" is about to be damaged beyond recovery for "creating a lessor dependency on foreign imports of energy for Ecuador", again at what long term expense and outcome..
ref: http://oilpatchasia.com/2014/01/cnpc...-rdp-refinery/
CNPC logo - (or we will rule the world without any battle)











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