WHY REPUBLIC NEEDS TRUST INC

Some disclaimers before i begin...I'm not rooting for the Trust Inc(Even as i was employed by one of the few "Communication" initiatives of the Inc in the near past). Neither for the Renegade one. It just so happens my last job entailed covering the Republic's energy security at times and i loved it(This piece is about energy, dumbo!).

{Incase you need some energy, Try Red Bull, not Red Dragon. It gives you wings.}

And yes, please do not confuse the Republic with the Union. The Union is the one which meets every thursday or friday, ostensibly to decide upon the Republic's functioning. The Sardar heads it. Republic, meanwhile, is just an amalgamation of a hell lot of states, languages, religions, castes, creeds and everything else under the sun...

OK. Now here are a list of reasons why the Republic needs Trust Inc(Forget free rides for the Queen Bee and her son, The Prince who waits). Also do forget the Suitcases.

The Republic is scared shitless of the Dragon Next Door. Its gobbling up the energy pie worldwide and the Republic can't do nothing about it.

A. June 2009: Sinopec beat off competition from Korea National Oil Corporation to take over Canada-listed Addax Petroleum, for $7.24bn – securing more of west Africa and a bit of Iraq. The assets include Kurdistan's 40,000 barrels a day Taq Taq field, which started producing at the start of June.

B.July 2009: National Iranian Oil Company has scrapped Total's $4.7bn contract to develop phase 11 of the South Pars gasfield, choosing CNPC (China National Petroleum Corporation) instead.

C. Addax's assets include acreage in the prized Joint Development Zone (JDZ) offshore Nigeria and São Tomé e Princípe. Last month, CNOOC(China National Offshore Oil Corp) and Sinopec said they would buy a 20% stake in an offshore oil block in Angola from the US' Marathon Oil for $1.3bn.

D. China is also expanding throughout South America. CNPC(China National Petroleum Corporation) was reported to have offered to pay up to $14.5bn for 75% of YPF, an Argentine oil and gas company majority owned by Spain's Repsol; CNOOC was supposedly interested in a 25% share. A full-buyout seems improbable, however. For one thing, it would require the co-operation of Argentina's Petersen Group, which last year bought 15% of YPF from Repsol and has an option to buy a further 10%.

E. CNPC is planning to bid for two Venezuelan oil blocks in a partnership with Total. Earlier this year, China extended a $10bn line of credit to Brazil's Petrobras in order to gain access to future oil supplies. Other recent loan-for-oil deals include a $4bn line of credit extended to Venezuela's PdV; a $1bn loan to Sonangol, Angola's NOC; and a $25bn transaction under which the China Development Bank is lending $15bn to Russia's state-owned Rosneft and $10bn to the Russian crude-oil pipeline monopoly, Transneft, in return for 1.1bn barrels of oil to be produced over the next two decades from fields in eastern Siberia.

OK. Trust Inc, we love you. And we love your plans to look beyond KG and Ministry of Trust. We need you, plain and simple.

Someone get me a Red Bull please.

Just In: Trust Inc is raising $880 million to acquire Petroleum assets overseas.

Attaboy....