China visits UAE for the first time and the Emeratis award China the first ever gas plant to be built By China for China in UAE.
https://m.gulfnews.com/business/sectors/energy/uae-to-deepen-energy-partnership-with-china-1.2254444
A week or so later UAE invites Ethiopia and Eritrea to broker a peace deal in Dubai.
I’m not fond of conspiracies but, this smells fishy to me. It’s very rare for Dubai to allow another country to build an independent gas plant within their country. And after putting $3 Billion into Ethiopias central bank, two weeks later the PM of Ethiopia declares DDSI would get 5% shares.
I worked in oil and gas seen the pictures of the testing well, there’s absolutely no way on earth those 4 vessels and 5 wellheads can produce that amount of oil Ethiopia is claiming. Maskiin Habashis and Somalis actually believe the images from the test site are actually the production facility.
After ONLF karbashed Chinese contractors, the Chinese haven’t forgot about that day.
Is it possible that China will just run a pipeline without building a gas plant in DDSI, and just take raw gas from DDSI and transport it to Dubai for cleaning?
UAE is bleeding money, tourism is down, two of their Top ten Private Equity firms went broke, the country is to construct billions of dollars worth of facilities for Expo 2020 and nobody is coming.
I don’t have all the facts to support my claim as the ink is still wet on the joint venture signed by UAE and China, but I thinks it’s fishy that Chinas first every visit to UAE was scheduled before Ethiopia and Eritrea peace talks, a week before oil shares were announced in DDSI.
It’s much cheaper for the first 10 years to export raw gas from DDSI, than it is to build upstream and downstream facilities in DDSI.
Maybe I’m just paranoid and need to stop following Dubai’s sinking economy.
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