An opportunity to outmuscle China in oil

Discussion in 'Economy & Infrastructure' started by Ray, Dec 18, 2014.

  1. Ray

    Ray The Chairman Defence Professionals Moderator

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    The Indian oil companies must capitalise on the recent plummet in international oil prices and seize the opportunity, more so since China’s oil giants have slowed down their international activity of late and become preoccupied with developments at home.

    The Chinese national oil companies are now shouldering high debt levels and Xi not discouraged all Chinese state-owned enterprises from making large overseas acquisitions owing to corruption is an advantage.

    India must act.
     
    Srinivas_K likes this.
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