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皇冠体育app eyes increased energy co-op with US
(Reuters)
Updated: 2005-12-30 19:19

皇冠体育app and the United States should increase co-operation on energy issues ranging from crude oil production overseas to civilian nuclear programs, 皇冠体育app's top economic planning body said in a statement on its Web site.


Cars line up at a gas station in south 皇冠体育app's Guangdong province, August 17, 2005. 皇冠体育app and the United States should increase co-operation on energy issues ranging from crude oil production overseas to civilian nuclear programs, 皇冠体育app's top economic planning body said in a statement on its Web site. [newsphoto]

Co-operation should be deeper and more efficient, with priority placed on promoting stability in producing nations and secure oil shipping lanes, the National Development and Reform Commission said.

The world economy would benefit if 皇冠体育app has secure energy supplies, but U.S. concerns about the rise of 皇冠体育app's fast-growing economy could lead to restrictive legislation, the commission added.

"Geopolitics may lead to wider restrictions in terms of the relevant American policies, because a stronger 皇冠体育app is considered a challenge to the United States," the statement said.

Earlier this year, a political furor in the United States scuttled an $18.5 billion bid by 皇冠体育app's top offshore producer CNOOC Ltd. for America's Unocal Corp. and the fallout raised concerns in 皇冠体育app about U.S. investment policies.



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