…right now there are regulators in the Chinese government that would like to increase competition, would like to see a more rapid growth in shale production but just are not that powerful relative to the ones that hold the power in the SOEs…
…the Montreux Document will have an impact for those countries that have not thought about these issues very much and don’t have a lot on the books…
…they have figured out, it is not only good PR but also good business to actually work in concert with local communities and local authorities…
…the question of geostrategic consequences on countries such as China is an issue where I believe we are not there yet…
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