...that Simon Power is to be installed as the new Solid Energy CEO and that Jenny Shipley is touting the sale of SE for her Chinese overlords.
Just sayin'...
8 comments:
Anonymous
said...
Jenny Shipley is the chair of Genesis Energy... and also has finance work she does in China...
Don Elder, Solid Energy CEO was in China for a liquid lignite conference and a wealthy Chinese coal company is wanting to buy land and lignite in New Zealand...
all seems to be adding up... after all John Key did say: he made the point that China was hugely under-represented as an investor in New Zealand...
Key has promised the Government will look seriously at any Chinese advances...
What would the federated farmers think about China buying their farms and what lies beneath...
'A Chinese businessman alleged to be behind ambitious plans to invest up to $1.5 billion in New Zealand's dairy industry has only recently severed his business links with former National Prime Minister Jenny Shipley.'
"a Chinese bank of which Mrs Shipley is a director is one of the banks which has agreed to help finance the plans..."
Jenny Shipley, Independent Non-Executive Director, has served as a Director of China Construction Bank since November 2007...
She is currently Chairman of Mainzeal Construction and Development, Senior Money International and Genesis Energy, a New Zealand Government State Owned Energy company. http://www.ccb.com/en/investor/biogofdirectors.html
Southland for sale, along with 4 SOEs going cheap, to a good bank...
Shane, I suspect they want to own whole chains: ie farm, transport, and processing or mine, transport, port, processing... and want to create the image of not wanting a lot at first... as resource grabs can be rather sensitive subjects...
it wanted it hoped to produce 10 million tonnes of coal a year eventually and "planned to establish its own transport arrangements."
"We are looking at a couple of ports at the moment to turn into deep water ports.
Mr Lancaster said the partners were also interested in a site for a steel mill in New Zealand."
Sounds like Southland and parts of Solid Energy are for sale... and someone has a big wallet...
"Giant Chinese energy company Qinghua Group - with more than $12 billion of mining assets - is assessing several billion-dollar projects across the South Island"
"A large Chinese resources player is scoping New Zealand for coal, lignite and ironsands mining projects at the same time as Australian companies take increasing interest in New Zealand in these areas"
Qingua Group has a 2011 budget of around $10 billion to spend in New Zealand - on lignite conversion, mineral extraction, port development and a steel mill
Wealthy Chinese Mining Giant Eyes New Zealand Lignite Reserves http://www.suite101.com/content/wealthy-chinese-mining-giant-eyes-new-zealand-lignite-reserves-a356997#ixzz1JlJJ2RO6
Someone did say this when She was appointed chair of Genesis Energy:
appointing a former party leader when the current political stance favoured privatisation led to concerns over whether she would be preparing the company for sale...
Jenny Shipley and Solid Energy chair John Palmer... the architects of SOE privatisation in New Zealand, would it not make more sense to hold on to them and use the revinue to assist in the rebuilding of Christchurch and to also ensure the government has a stake in upcoming energy projects like the tidal energy project in the Cook Straight.
The economic crisis was surely a wake up call... and the climate crisis... surely it is time for New Zealand to stop selling assets and invest in our future!
the Chinese on the world stage, this is what they’re doing – they’re buying everything. They’re buying in Africa . They’re buying ports, mines – buying up supply chains - Paul Holmes
8 comments:
Jenny Shipley is the chair of Genesis Energy... and also has finance work she does in China...
Don Elder, Solid Energy CEO was in China for a liquid lignite conference and a wealthy Chinese coal company is wanting to buy land and lignite in New Zealand...
all seems to be adding up... after all John Key did say: he made the point that China was hugely under-represented as an investor in New Zealand...
Key has promised the Government will look seriously at any Chinese advances...
What would the federated farmers think about China buying their farms and what lies beneath...
'A Chinese businessman alleged to be behind ambitious plans to invest up to $1.5 billion in New Zealand's dairy industry has only recently severed his business links with former National Prime Minister Jenny Shipley.'
"a Chinese bank of which Mrs Shipley is a director is one of the banks which has agreed to help finance the plans..."
Shipley, China, foreign ownership and finance, privatisation, SOEs, Southland farms, Solid Energy, foreign mining companies...
Jenny Shipley, Independent Non-Executive Director, has served as a Director of China Construction Bank since November 2007...
She is currently Chairman of Mainzeal Construction and Development, Senior Money International and Genesis Energy, a New Zealand Government State Owned Energy company. http://www.ccb.com/en/investor/biogofdirectors.html
Southland for sale, along with 4 SOEs going cheap, to a good bank...
Jenny Shipley is chair of SOE Genesis Energy and a director of the China Construction Bank...???
Good heavens!
Who'd have thought?
'Seems to be adding up' Anon?
What will be the sum I wonder?
Doesn't sound like 'local resources for locals' to me.
Seems as if China is interested in supply possibly more than ownership.
What's beyond ownership?
Shane, I suspect they want to own whole chains: ie farm, transport, and processing or mine, transport, port, processing... and want to create the image of not wanting a lot at first... as resource grabs can be rather sensitive subjects...
it wanted it hoped to produce 10 million tonnes of coal a year eventually and "planned to establish its own transport arrangements."
"We are looking at a couple of ports at the moment to turn into deep water ports.
Mr Lancaster said the partners were also interested in a site for a steel mill in New Zealand."
Sounds like Southland and parts of Solid Energy are for sale... and someone has a big wallet...
"Giant Chinese energy company Qinghua Group - with more than $12 billion of mining assets - is assessing several billion-dollar projects across the South Island"
"A large Chinese resources player is scoping New Zealand for coal, lignite and ironsands mining projects at the same time as Australian companies take increasing interest in New Zealand in these areas"
Qingua Group has a 2011 budget of around $10 billion to spend in New Zealand - on lignite conversion, mineral extraction, port development and a steel mill
Wealthy Chinese Mining Giant Eyes New Zealand Lignite Reserves http://www.suite101.com/content/wealthy-chinese-mining-giant-eyes-new-zealand-lignite-reserves-a356997#ixzz1JlJJ2RO6
Someone did say this when She was appointed chair of Genesis Energy:
appointing a former party leader when the current political stance favoured privatisation led to concerns over whether she would be preparing the company for sale...
Jenny Shipley and Solid Energy chair John Palmer... the architects of SOE privatisation in New Zealand, would it not make more sense to hold on to them and use the revinue to assist in the rebuilding of Christchurch and to also ensure the government has a stake in upcoming energy projects like the tidal energy project in the Cook Straight.
The economic crisis was surely a wake up call... and the climate crisis... surely it is time for New Zealand to stop selling assets and invest in our future!
the Chinese on the world stage, this is what they’re doing – they’re buying everything. They’re buying in Africa . They’re buying ports, mines – buying up supply chains - Paul Holmes
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