Oil In China: From Self-reliance To Internationalization


Book Description

This book examines the political and conceptual metamorphosis of China's oil industry from self-reliance to internationalization. Through the empirical case study of Daqing, the premiere oilfield of the People's Republic of China (PRC) for most of the postwar period and a symbol of industrialization as well as self-reliance, key historical developmental concepts and events are analyzed. Japan's role in stimulating the development of the China's oil industry will also be highlighted as the Japanese government and its business sectors emerged as a supplier of technology and equipment to the Chinese oil industry as well as China's first major oil customer in the early internationalization phase of the PRC's oil industry.




The Chinese State, Oil and Energy Security


Book Description

Monique Taylor analyses the policy rationale and institutional underpinnings of China's state-led or neomercantilist oil strategy, and its development, set against the wider context of economic transformation as the country transitions from a centrally planned to market economy.




China's Oil Industry and Market


Book Description

This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.The author analyzes the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international oil trades.The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in different regions of the vast country.




China's Quest for Energy Security


Book Description

China's two decades of rapid economic growth have fueled a demand for energy that has outstripped domestic sources of supply. China became a net oil importer in 1993, and the country's dependence on energy imports is expected to continue to grow over the next 20 years, when it is likely to import some 60 percent of its oil and at least 30 percent of its natural gas. China thus is having to abandon its traditional goal of energyself-sufficiency--brought about by a fear of strategic vulnerability--and look abroad for resources. This study looks at the measures that China is taking to achieve energy security and the motivations behind those measures. It considers China's investment in overseas oil exploration and development projects, interest in transnational oil pipelines, plans for a strategic petroleum reserve, expansion of refineries to process crude supplies from the Middle East, development of the natural gas industry, and gradual opening of onshore drilling areas to foreign oil companies. The author concludes that these activities are designed, in part, to reduce the vulnerability of China's energy supply to U.S. power. China's international oil and gas investments, however, are unlikely to bring China theenergy security it desires. China is likely to remain reliant on U.S. protection of the sea-lanes that bring the country most of its energy imports.




China's Energy Security in the Twenty-First Century


Book Description

Kaho Yu’s China’s Energy Security in the Twenty-First Century: The Role of Global Governance and Climate Change explores the evolution of China’s energy security from its bilateral going-out strategy to its more multilateral Belt and Road Initiative. By analysing the topic from a multidisciplinary perspective, this book examines China’s evolving role in global energy governance through four empirical case studies: China’s energy cooperation with Russia and Central Asia, Africa, the European Union, and the Asia Infrastructure Investment Bank. “Kaho Yu has written a splendid overview of China’s efforts to engage in bilateral cooperation to ensure greater energy cooperation between countries in central Asia, Africa, and Europe and improve global supply chains. This book could not come at a more opportune moment, as the world seems to be undecided on the efficacy of cooperative multilateralism to enhance climate and energy goals.” —Henry Lee, Director of the Environment and Natural Resources Program, Belfer Center for Science and International Affairs, Harvard Kennedy School “Despite profound changes in technology and the economy since the Industrial Revolution, energy remains central to both economic prosperity and international security. Economic development is plain energy-intensive. The world’s largest, richest country is still developing. The planet is embroiled in geopolitical rivalry. The geographical distribution of critical minerals is skewed. All these mean energy security will be a profoundly important challenge in the century ahead. Yu’s book provides exactly the substantive, thoughtful research that we will need to begin to unpack these issues.” —Danny Quah, Li Ka Shing Professor in Economics, Lee Kuan Yew School of Public Policy, National University of Singapore




China’s Energy Security and Relations With Petrostates


Book Description

This book examines the development of bilateral energy relations between China and the two oil-rich countries, Kazakhstan and Russia. Challenging conventional assumptions about energy politics and China’s global quest for oil, this book examines the interplay of politics and sociocultural contexts. It shows how energy resources become ideas and how these ideas are mobilized in the realm of international relations. China’s relations with Kazakhstan and Russia are simultaneously enabled and constrained by the discursive politics of oil. It is argued that to build collaborative and constructive energy relations with China, its partners in Kazakhstan, Russia, and elsewhere must consider not only the material realities of China’s energy industry and the institutional settings of China’s energy policy but also the multiple symbolic meanings that energy resources and, particularly, oil acquire in China. China’s Energy Security and Relations with Petrostates offers a nuanced understanding of China’s bilateral energy relations with Kazakhstan and Russia, raising essential questions about the social logic of international energy politics. It will appeal to students and scholars of international relations, energy security, Chinese and post-Soviet studies, along with researchers working in the fields of energy policy and environmental sustainability.




Energy Security Challenges for the 21st Century


Book Description

The impact of energy on global security and economy is clear and profound, and this is why in recent years energy security has become a source of concern to most countries. However, energy security means different things to different countries based on their geographic location, their endowment of resources their strategic and economic conditions. In this book, Gal Luft and Anne Korin with the help of twenty leading experts provide an overview of the world's energy system and its vulnerabilities that underlay growing concern over energy security. It hosts a debate about the feasibility of resource conflicts and covers issues such as the threat of terrorism to the global energy system, maritime security, the role of multinationals and non-state actors in energy security, the pathways to energy security through diversification of sources and the development of alternative energy sources. It delves into the various approaches selected producers, consumers and transit states have toward energy security and examines the domestic and foreign policy tradeoffs required to ensure safe and affordable energy supply. The explains the various pathways to energy security and the tradeoffs among them and demonstrates how all these factors can be integrated in a larger foreign and domestic policy framework. It also explores the future of nuclear power, the complex relations between energy security and environmental concerns and the role for decentralized energy as a way to enhance energy security.




China’s Approach to Energy Security


Book Description

This book aims to analyze how and why China takes a state-managed marketization approach (SMMA) to energy security against the backdrop of global efforts of decarbonization and intensified strategic competition between China and the United States. How, and why, does China's SMMA work? Taking an evolving, historical perspective, this book explores China’s perception of energy security, the policy process, institutional restructuring in China's petroleum industry, China's foreign energy quest, and the ramifications of the Chinese approach on the international energy market and on world decarbonization. To demonstrate to what extent China’s SMMA differs from other countries, it also makes a comparative analyses of the approaches by China, the US and India. This book will keenly interest scholars of the Chinese political economy, climate change, and geopolitics.




The Economics and Politics of China's Energy Security Transition


Book Description

The Economics and Politics of China's Energy Security Transition clarifies China's energy and foreign policies through a comprehensive examination of energy sources, providing an insider's unique perspective for assessing China's energy policies. China's historic decline in coal consumption since 2013-2014 and a plateauing of its carbon dioxide emissions have given China an unprecedented opportunity to decarbonize while growing its economy. In response to global questions about China's institutional, administrative, and political challenges and risks, this book provides the answers that everyone is asking. - Provides a rare assessment of China's energy policies and reveals insights into the Chinese government - Devotes attention to issues of global energy governance and energy sanctions - Includes data and reference content suitable for researchers in economics, sustainability, energy policy, geopolitics and political science




Energy Policy in China


Book Description

With a specific focus on energy supply and dedicating a chapter to each sub-sector, Yang provides a succinct account of China’s energy policy over the last sixty years. Over the course of the book, he introduces both the achievements and failures of the Chinese energy systems, as well as the strengths and insufficiencies of Chinese energy governance. This book is an interdisciplinary study written for a broad audience, including those researching and working in the fields of energy policy, business strategy, government administration, as well as Chinese and Asian Studies more broadly.