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Context of 'July 1, 2005: House Urges Bush to Block Unocal Takeover by Chinese Oil Company'

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Oil company Unocal signs an $8 billion deal with Turkmenistan to construct two pipelines (one for oil, one for gas), as part of a larger plan for two pipelines intended to transport oil and gas from Turkmenistan through Afghanistan and into Pakistan. Before proceeding further, however, Unocal needs to execute agreements with Pakistan and Afghanistan; Pakistan and Ahmed Shah Massoud’s government in Afghanistan, however, have already signed a pipeline deal with an Argentinean company. Henry Kissinger, hired as speaker for a special dinner in New York to announce the Turkmenistan pipeline deal, says the Unocal plan represents a “triumph of hope over experience.” Unocal will later open an office in Kabul, weeks after the Taliban capture of the capital in late 1996 and will interact with the Taliban, seeking support for its pipeline until at least December 1997. [Coll, 2004, pp. 301-13, 329, 338, 364-66]

Entity Tags: Ahmed Shah Massoud, Unocal, Taliban, Turkmenistan, Pakistan, Afghanistan, Henry A. Kissinger

Timeline Tags: Complete 911 Timeline

Halliburton, a company headed by future Vice President Dick Cheney, announces a new agreement to provide technical services and drilling for Turkmenistan. The press release mentions, “Halliburton has been providing a variety of services in Turkmenistan for the past five years.” On the same day, a consortium to build a pipeline through Afghanistan is formed. It is called CentGas, and the two main partners are Unocal and Delta Oil of Saudi Arabia. [Halliburton, 10/27/1997; CentGas, 10/27/1997]

Entity Tags: Centgas, Halliburton, Inc., Turkmenistan, Richard (“Dick”) Cheney

Timeline Tags: Complete 911 Timeline

Zalmay Khalilzad.
Zalmay Khalilzad. [Source: US Embassy, Iraq]Zalmay Khalilzad is appointed Special Assistant to the President and Senior Director for Gulf, Southwest Asia and Other Regional Issues on the National Security Council. Khalilzad was an official in the Reagan and George H. W. Bush administrations. During the Clinton years, he worked for Unocal. [US Department of State, 2001; Independent, 1/10/2002] He previously worked under Deputy Defense Secretary Paul Wolfowitz and helped him write a controversial 1992 plan for US world domination.(see March 8, 1992) [New York Times, 3/23/2003] He was a member of the neoconservative think tank Project for the New American Century. The Asia Times notes, “It was Khalilzad—when he was a huge Taliban fan—who conducted the risk analysis for Unocal (Union Oil Company of California) for the infamous proposed $2 billion, 1,500 kilometer-long Turkmenistan-Afghanistan-Pakistan [TAP] gas pipeline.” [Asia Times, 12/25/2003] After 9/11, he will be appointed as special envoy to Afghanistan (see January 1, 2002) and then US ambassador to Afghanistan (see November 2003).

Entity Tags: Unocal, Paul Wolfowitz, Project for the New American Century, National Security Council, Taliban, Zalmay M. Khalilzad

Timeline Tags: Complete 911 Timeline

The US House of Representatives approves House Resolution 344 (H.Res.344) with a 398 to 15 vote urging President Bush to block the proposed takeover of Unocal Oil by the Chinese National Overseas Oil Company (CNOOC Ltd) on the grounds of national security. CNOOC has bid $18.5 billion for Unocal against a $16.5 billion bid by Chevron. In a written statement, China’s foreign ministry says, “CNOOC’s bid to take over the US Unocal company is a normal commercial activity between enterprises and should not fall victim to political interference.” [Washington Post, 7/4/2005] Congressman Duncan Hunter (R-CA) warns that the “Chinese would also be advantaged by such a transaction because it would extend their military and economic reach in such a way that could potentially impact… [US] involvement in East Asia.” [Office of Representatives Duncan Hunter, 7/1/2005]

Entity Tags: Duncan Hunter, George W. Bush, Unocal, Chinese National Overseas Oil Company

Timeline Tags: US International Relations

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