Hopefully Nicola Sturgeon will be discussing with the Chinese government a crucial matter of mutual interest: this is the future of the North Sea, as the Chinese are the sixth largest producer of oil.
Moreover, the strategy of the Chinese is critical as their oil is the benchmark for pricing worldwide.
Will a discussion of China’s view of world oil prices be on the trade mission’s agenda?
Perhaps the recently appointed head of Oil and Gas UK is one of the expert delegates speaking for the North-east.
Arguably, oil economists don’t all agreed on whether China would welcome a substantial increase in global oil prices.
Old Chapel Walk