China's Worldwide Quest for Energy Security

China's Worldwide Quest for Energy Security You do not have access to this content

International Energy Agency

Click to Access:
  • PDF
04 Apr 2000
9789264181335 (PDF) ;9789264176485(print)

Hide / Show Abstract

China’s rapid growth over the past twenty years has sparked a surging demand for energy. The Chinese made strenuous efforts to exploit their domestic resources; but growth eventually overwhelmed them and led to rising oil imports. Within the next decade, China’s oil imports are expected to grow rapidly and outstrip those of many OECD countries. Gas imports are also projected to increase as China switches to cleaner energy. Aware of its growing dependency on imported energy, China seeks a more prominent position in the existing global system of energy production and trade. Where it can, China seeks to open new connections in global markets. Increasingly, external energy policies are entwined in foreign economic and security policies in general. This book documents how China is creating energy relationships across the Middle East, Southeast Asia, Russia, Central Asia and Africa. The Chinese are also intensively studying how the rest of the world operates in the energy sector. The position of this vast nation in the global energy markets can only grow stronger as time passes. Trade and investment are the main elements in China’s energy policy toward the rest of the world today. Before long, the Chinese may seek to participate in the actual management of overseas energy facilities.
loader image

Table of Contents

Foreword. The IEA and China: Partners in Energy Cooperation and Policy Dialogue by Robert Priddle
Executive Summary
Chapter One. Domestic Origines of China's Search for Energy Abroad
-A Perspective on the Chinese Economy
-Energy and the Economy
-The Energy System: History and Projections
-Energy Demand
-The Energy Delivery Infrastructure
-The New Institutional Setting
-Energy Prices: A Key to Reform
-A Summing Up
Chapter Two. China's Shifting Ties in the Energy World
-Introduction: Whither Chinese Policy?
-Covering All Possibilities
-Strategic Reserves
-Evolving Oil Trade Patterns: The Search for Secure Supply
-Foreign Investment: In and Out
--Inward Investment
--Offshore Oil
--Investing in Foreign Energy
-Trade, Investment and Diplomacy in the Search for Energy Security
Chapter Three. What it all Means. What Next?
-China in the System
-Is China Different?
-Some Implications for Linkage Patterns
Appendix: Data on China's Oil and Overall Trade

Visit the OECD web site