World

Bolivia

Peru

Trinidad &
Tobago

Venezuela






Very usefull links



Institutional
links

 




Services
& Products



Welcome back on
26 -29 August,
ONS 2008

Bridging the energy gap
is ONS 2006 theme,
from 22-25 August,
in Stavanger, Norway


Petroleumworld
Business
Partners
:





 


 

 





Centre for
Global Energy
Studies

 


 

 

US, China to reward North Korea multi-million dollar fuel aid



By P. Parameswaran
AFP
WASHINGTON
Petroleumworld.com 09 14 07

The United States and China are preparing to provide tens of millions of dollars in fuel aid to North Korea as it moves to declare and disable its nuclear weapons program, US officials said Thursday.

China is expected to send 50,000 tonnes of heavy fuel oil to its hardline communist neighbor this month to be followed by a similar US shipment, an administration official said, speaking on condition of anonymity.

US President George W. Bush's administration notified Congress on Tuesday "of its intent to provide 25 million dollars that would cover the third tranche shipment of 50,000 tonnes of heavy fuel oil to North Korea," the official told AFP.

The US legislature has to be informed of any Washington aid to North Korea, which is currently under sanctions. Pyongyang, which tested a nuclear bomb in October last year, is also in a US blacklist of state sponsors of terrorism.

The first tranche of fuel aid was provided by South Korea in July after its northern neighbor closed its key Yongbyon nuclear plant as part of a February 13 six-nation agreement that promised energy aid and diplomatic and security guarantees to Pyongyang if it abandons its nuclear arsenal.

"And China is preparing the second shipment of HFO (heavy fuel oil) likely in September," the US official said.

The Chinese and American shipments are expected to head to North Korea after it agrees to declare and disable its nuclear program at a six-party meeting in Beijing possibly next week among envoys from the two Koreas, China, the United States, Russia and Japan.

State Department spokesman Sean McCormack on Thursday confirmed the administration's notification to Congress, saying "this is something that is done with an eye toward if North Korea does in fact follow through on their commitment.

"So what it does is that it prepares us in the case that we do need to fulfill some commitment as part of the six party talks," he told reporters.

It was agreed among the six nations that North Korea would be rewarded with a total of one million tonnes of fuel oil or its equivalent if it completely disbands its nuclear program.

North Korea has a limited storage capacity for heavy fuel oil and it could accept only 50,000 tonnes at any one time.

Ahead of the six-party talks in Beijing, experts from the United States, China and Russia completed on Thursday a two-day visit to North Korea's Yongbyon nuclear complex, McCormack said.

They would discuss with officials in Pyongyang on Friday on how to disable the nuclear facilities.

Amid the flurry of efforts towards denuclearization, US news reports said North Korea may be helping Syria build some kind of nuclear facility.

Israeli secret service relayed the information to the US government, the Washington Post reported Thursday, describing it as "dramatic" and citing unnamed intelligence sources.

Israel recently carried out reconnaissance flights over Syria, taking pictures of possible nuclear installations that Israeli officials believed might have been supplied with material from North Korea, The New York Times reported Wednesday.

" Our publicly stated concerns about North Korean behavior, which ranges to proliferation, are out there," McCormack said, commenting on the reports.

" We said there are indications that they have made that strategic choice (to give up their nuclear weapons) although we have yet to see. We are hopeful that they have," he said.

AFP 13 1837 GMT 09 07

Copyright© 2007 Petroleumworld. All rights reserved.

 

 

Send this story to a friend

Your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

Any question or suggestions, please write to:
editor@petroleumworld.com





Best Viewed with IE 5.01+
Windows NT 4.0, '95, '98 and ME +/ 800x600 pixels

 

   


Contact:
editor@petroleumworld.com/phones:(58 412) 996 3730 or 952 5301
www.petroleumworld.com-Editor:Elio Ohep /
Publisher-Producer:Elio Ohep.
Contact Email:
editor@petroleumworld.com
Legal Information. CopyRight © 2002, Elio Ohep.- All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.