Abstract
In West Africa, Chinese national oil companies (NOCs) have outbid their Indian competitors. Indeed, over the years Chinese companies have proved to be less risk averse and are preferred as partners by international oil companies and African NOCs. This article attempts to explain why. It does so by examining factors such as foreign exchange reserves, access to capital, rate of return on investment, valuation of asset, risk aversion, ability to acquire technology and the difference in the economic, political and diplomatic support received by the Indian and Chinese oil companies from their respective governments.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
