Related Articles
Forward article link
Share PDF with colleagues

China in Africa: the honeymoon is over

China's national oil companies remain a central feature of energy operations in Africa, but their influence has been tempered, writes Ian Lewis

AFRICAN governments are taking a more cautious approach to Chinese investment in energy operations as they seek to establish multiple markets for their oil. Angola and Libya have recently blocked oil-asset sales to Chinese companies. Nigeria has played down talk of Chinese interest in taking oilfield stakes held by Western international oil companies (IOCs). But it is too soon to conclude that African governments are turning away from their new Asian partner. "The relationship is becoming a more normal one," says Alex Vines, head of the Africa Programme at Chatham House, a London-based think tank. "It's less of a honeymoon period now." African governments are becoming more interested in

Also in this section
Venezuela going for broke
16 January 2018
The Maduro government wants a new deal on its debt. Things are going to get messy
Iraqi Kurdistan sinking fast
11 January 2018
The future of the KRI's oil sector is uncertain, with the federal government determined to bring all the country's production and exports back under its wing
Iraqi Kurdistan's wrong turn
11 January 2018
Burdened by political and economic crises at home, the autonomous region faces difficult talks with a newly confident federal government in Baghdad