Learning in Africa: China’s Overseas Oil Investments in Sudan and South Sudan

Patey, Luke

doi:10.1080/10670564.2017.1305489

Cited by 18 publications

(11 citation statements)

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“…As it turned out, Chinese SOCs have little or no leverage over either side, and there is very little the Chinese state can do about the situation except to engage in bilateral and multilateral efforts aimed at bringing peace to the Sudans, including the deployment of Chinese UN peacekeepers to both countries. This also reflects the point made earlier in this chapter and affirmed by Patey (2014Patey ( , 2017Walker, 2014), relating to the relative autonomy of Chinese SOCs, which are not executing a state-directed agenda, but are clearly driven by a 'corporate agenda to ensure survival and wellbeing by acquiring new oil reserves and production' (Patey, 2014: 82), which translate into profit. With time it is becoming more obvious that Chinese SOCs will have to balance their investment decision-making against the risk factors inherent in African petro-states, not least the political terrain and the interests of competing political elites.…”

Section: The Two Sudans: Soc Success and Losses Wedded To African Agesupporting

confidence: 67%

“…This process transformed Sudan (before 2011) into the third-largest oil producer in Africa, and one of Africa's top oil suppliers to China. It also afforded Chinese SOCs-in the absence of Western oil multinationals forced out by domestic pressures from human rights groups, Western governments, and insecurity occasioned by civil war (Patey, 2017: 760-1)-the opportunity to develop their capacity and gain valuable experience investing in and building the Sudanese oil industry (Patey, 2014: 111-20).…”

Section: The Two Sudans: Soc Success and Losses Wedded To African Agementioning

confidence: 99%

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The Changing Dynamics of Chinese Oil and Gas Engagements in Africa

Obi¹

2019

China-Africa and an Economic Transformation

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This chapter examines the changing patterns of Chinese state oil corporations’ engagements with African petro-states through investments in the upstream and downstream oil and gas sectors, and their potential for Africa’s development within the context of evolving China–Africa relations. It conceptually frames such relations, analyzes the contextual shifts and interests involved, and cautions against rather alarmist or biased readings of China–Africa relations that neglect or gloss over the ‘facts on the ground’ and specificities. It also unpacks the notion of African agency in the context of Africa–China economic relations, particularly in the ways Chinese state oil corporations operating in Africa’s oilfields—traditionally dominated by Western oil multinationals—have been exposed to opportunities, risks, structural challenges, and regulation by African petro-states. This provides a sound basis for understanding how lessons learnt and experiences on both sides define the place of China–Africa oil engagements as a key element for potential economic transformation.

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Section: The Two Sudans: Soc Success and Losses Wedded To African Agesupporting

confidence: 67%

Section: The Two Sudans: Soc Success and Losses Wedded To African Agementioning

confidence: 99%

The Changing Dynamics of Chinese Oil and Gas Engagements in Africa

Obi¹

2019

China-Africa and an Economic Transformation

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“…First, as the owner of CSOEs, the Chinese government may invest in African countries for political and strategic motives, not strictly for profit (Cuervo-Cazurra et al, 2014). For example, large FDI projects have been carried out in African countries such as Sudan and Angola, with the world's worst governance records (Corkin, 2011b;Patey, 2017).…”

Section: Host Country Governance and Fdi By Csoesmentioning

confidence: 99%

Governance, foreign aid, and Chinese foreign direct investment

Fon

Alon

2022

Thunderbird Intl Bus Rev

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This article examines how Chinese foreign aid interacts with the quality of the host country's governance in shaping Chinese state-owned enterprises' (CSOEs') foreign direct investment (FDI) in Africa. By analyzing the firm-level greenfield FDI data of CSOEs between 2003 and 2014 and distinguishing between China's official development assistance and less concessional forms of Chinese foreign aid, we reveal two main findings. First, the quality of the host country's governance negatively affects CSOEs' FDI. Second, other official aid and loans from China negatively moderate the relationship between the quality of the host country's governance and FDI by CSOEs. Specifically, the tendency for CSOEs to invest in locations with weak governance increases when their investments are integrated with less concessional forms of Chinese foreign aid in the form of other official flows and loans. Our results are robust to alternative measures of the governance and different methodological approaches. The article challenges the traditional notion of institutional theory which assumes a positive relationship between governance quality and FDI attraction.

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“…During the 2000s, China's NOCs maintained a minor share of worldwide investments, which too remarkably in Sudan and Republic of Kazakhstan, by means of the collective global productions of 140,000 barrels per day. However in 2013, China's NOCs were maintaining near 2.1 million barrels per day among forty-two major oil producing states in the world and CNPC was the major contributor by almost 924,000 barrels per day, followed by Sinopec Oil Company with 630,000 barrels per day, and CNOOC claimed 441,000 barrels per day (Patey, 2017). Meanwhile, just like in Angola along with other oil producing states, a very large number of technical staff and working labor brought in Sudan to maintain and administer these ventures.…”

Section: China's Economic Engagement In Africamentioning

confidence: 99%

Untitled

2018

GER

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Since the late 1990s, while China's official announcement of its 'going out strategy' and soon after, during early 2000s collaborations with World Trade Organization (WTO) to persuade economic engagements beyond Chinese geographical boundaries, expansion of its Foreign Direct Investments (FDI) vis-à-vis trade exploration with both African continents has increased proportionally. Particularly, China's current rigorous economic forecasting with plummeting stock markets, an overall rise in its overseas trade and industry engagements in African continent merits an assessment of the 'China's Model' of economic exploration within ever-increasing international political economy and also entails that China's economic engagement possibly be more reliant on relations with such regions than discussed earliest. Moreover, differentiating the politico-economic engagements in play within Africa, China's going out strategy can be more precisely comprehended as kind of reliant and mutual cooperation approaches as region specific.

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Learning in Africa: China’s Overseas Oil Investments in Sudan and South Sudan

Cited by 18 publications

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The Changing Dynamics of Chinese Oil and Gas Engagements in Africa

The Changing Dynamics of Chinese Oil and Gas Engagements in Africa

Governance, foreign aid, and Chinese foreign direct investment

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