Jade Petroleum News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Europe’s lack of energy security poses an existential threat to the region, a fact that makes domestic energy opportunities more attractive than ever.

Chinese companies are well positioned to participate in Iraq’s efforts to expand its oil production capacity and develop domestic gas supplies, as they are actively engaged in various energy-related undertakings throughout the country. However, if indeed China’s strategy is, as some have suggested, to become the dominant player in Iraq’s economy, achieving that objective will likely prove difficult given Iraq’s challenging operating environment and contentious politics.

Albania has decided to join Serbia in agreeing to offer Chinese citizens visa-free travel – the only two countries in the region to do this.