Coping with energy insecurity: China’s response in global perspective |
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Authors: | Kent E Calder |
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Institution: | (1) Department of Political Science, College of Social Sciences, Pusan National University, Busan, 609-735, South Korea |
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Abstract: | Already the world’s second largest energy consumer, China has accounted for more than a third of the increase in global oil
demand since 2000. Due to infrastructural bottlenecks as well as supply shortages, intensified by sustained growth, the PRC
is likely to become an increasingly important factor in global oil and gas markets, and to pursue an increasingly active energy
diplomacy. Reducing energy vulnerability will be a key imperative. The PRC is striving to reduce its energy vulnerability
by: (1) promoting energy efficiency; (2) diversifying away from its heavy reliance on coal and oil, toward nuclear power and
natural gas; (3) improving domestic energy infrastructure; (4) promoting national energy champions; (5) deepening reliance
on congenial nations; and (6) reducing reliance on sea lanes dominated by the U.S. Navy. Kazakhstan, Iran, Russia, Venezuela,
Australia, and African energy producers are special priority targets of its energy diplomacy, which is likely to become more
salient in China's overall foreign policy in coming years. |
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Keywords: | Chinese energy diplomacy energy insecurities energy sea lanes Sinopec and CNOOC |
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