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In pipelines we trust
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
China’s secure energy transition
Alongside a rapid continued build-out of renewables, China’s latest five-year plan stresses the value of domestic hydrocarbon production for energy security and calls for increased Russian gas imports
India taking pole position on oil demand growth
The country’s rapidly expanding economy is boosting its consumption of oil as demand for the fuel slows elsewhere in the world
Letter from Asia: The nuanced India-Russia oil picture
The South Asian consumer’s next move could tighten the Middle East oil market overnight
China’s new oil position
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
Explainer: Inside China’s crude oil stockpiling black box
Energy security continues to evolve as a strategic priority amid growing geopolitical tensions highlighted by increased volumes, a new energy law and persistent secrecy
Indian refiners prove their adaptability
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
India’s refining project strengthens ties to Mongolia
The Central Asian country’s first oil refinery is being funded by a $1.7b line of credit from New Delhi, but routes in and out of the country remain controlled by Russia and China
Outlook 2026: Freedom gas, captive buyer
Japan once wrote the book on LNG supply diversification, but it is now looking increasingly reliant on a single major provider
Letter from London: Oil’s golden triangle
The interplay between OPEC+, China and the US will define oil markets throughout 2026
Sri Lanka China India Japan
Selwyn Parker
3 January 2018
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Hitting China's great wall

Sri Lanka has presented some unlikely roadblocks to China's Silk Road project

The city of Hambantota in Sri Lanka could present an unlikely obstacle in the way of the otherwise relentless progress of China's giant Belt and Road project—part of the country's modern Silk Road initiative. This already encompasses many energy-based and other infrastructure projects in the Asia-Pacific region. In a direct affront to Beijing's long-term strategy, India has assumed the operation of a Chinese-built airport near the town that was intended to be part of a Belt and Road complex linked with an adjacent seaport. This is also Chinese-built and near one of the world's busiest shipping lanes. Just as surprisingly, in October the Sri Lankan government rejected China's offer to build a

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