En 3.3b - China / Georgia / Russia

Question 1

How much of China’s crude oil needs are supplied by domestic oil production?

Answer 1

2/3

Question 2

How much crude oil is China expected to need per year by 2020?

Answer 2

600 million tonnes

Question 3

What is the Chinese government currently focussing on?

Answer 3

Securing foreign oil fields

Question 4

Which US firm is China National Offshore Oil Corporation (CNOOC) trying to buy?

Answer 4

Unocal

Question 5

In 1999, Azerbaijan discovered oil in which field?

Answer 5

Shah Deniz

Question 6

What did the Georgian International Oil Company build on the Black Sea?

Answer 6

$565-million Supsa terminal

Question 7

In 1996, what did the presidents of Georgia and Azerbaijan sign a 30 year agreement on?

Answer 7

a portion of the Azerbaijan International Operating Company (AIOC)’s “early oil” would be pumped via Georgia

Question 8

How much money has Gazprom said that Ukraine owes them?

Answer 8

$2.2 billion / £1.2 billion / €1.4 billion

Question 9

In 2009, what percentage of global oil production did Russia account for?

Answer 9

33%

Question 10

Why is Russia different to the USA and China in terms of domestic supply and demand?

Answer 10

Russia does not need to import oil and natural gas to meet its domestic requirements.