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Ambassador Carlos Pascual, Special Envoy and Coordinator for International Energy Affairs for the U.S. Department of State, speaks during the CERAWEEK world petrochemical conference in Houston March 7, 2012.
Ambassador Carlos Pascual, Special Envoy and Coordinator for International Energy Affairs for the U.S. Department of State, speaks during the CERAWEEK world petrochemical conference in Houston March 7, 2012.
(© Donna Carson / Reuters/REUTERS)

Gas deal with Russia a ‘drop in the bucket’ for China

Far from watching jealously as Canada plots to ship oil and gas to Asia, Washington is learning to like it.

Both Canada and the United States now have an interest in seeing that China’s thirst for energy is satisfied, said the U.S. special envoy for energy affairs, Carlos Pascual. And they can co-operate to promote free markets for energy in Asia, so big players – like Russia – can’t use energy wealth for undue geopolitical power.