Information received around the time by OilPrice.com from impeccable security sources indicated that China had been broadly told by Russia of its plans for a ‘large-scale special operation’ in Ukraine months before it happened, not just prior to the 4 February 2022 start of the Beijing Winter Olympics, as many reports have it, as analysed in full in my latest book on the new global oil market order. “This sanction strategy against Russia is vital to degrading its financial ability to keep fighting in Ukraine and then to move further west,” he said, “and depriving China of free access to as much of Qatar’s LNG as it wants is also key to making its plans to invade Taiwan more difficult over the long term,” he underlined. As it currently stands, investment in Qatar’s overall North Field expansion project total around US$83 billion, with much of the foreign input to that having come from Western firms including the U.S.’s ExxonMobil and ConocoPhillips, the U.K.’s Shell, France’s TotalEnergies, and Italy’s Eni.
Author: Simon Watkins
Published at: 2025-08-18 22:00:00
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