China S Energy Security And Relations With Petrostates

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.

A secure supply of energy is essential for all nations, to sustain their economy, and indeed their very survival. This subject is especially important in the case of China, as China’s booming economy and consequent demand for energy is affecting the whole world, and in turn potentially driving realignments in international relations. Moreover, as this book argues, energy security should be considered more broadly, to include issues of sustainability, environmental protection and the domestic organisation of energy policy and energy supply. This book presents a comprehensive picture of China’s energy security. It covers all energy sectors – coal, oil, gas, renewables; international relations with all major sources of energy supply – the Middle East, Central Asia, Africa; and key areas of domestic policy making and supply.

China is the second-largest economy in the world yet it faces serious energy security challenges due to the country's reliance on coal, a fuel with multiple environmental and social problems. Moreover, since 2017 China has become the world's largest crude oil importer, greatly increasing its reliance on imported energy.The International Energy Agency has defined energy security as 'the uninterrupted availability of energy sources at an affordable price,' employing metrics in various dimensions such as availability, affordability, accessibility and acceptability to measure the energy security of different nations. Accordingly, the assessment, analysis and improvement of energy security is a complex problem. China's Energy Security aims to resolve this problem by answering three important questions:

China has developed sophisticated hedging strategies to insure against risks in the international petroleum market. It has managed a growing net oil import gap and supply disruptions by maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes. Though it cannot be "secured," China's energy security can be "insured" by marrying government concern with commercial initiatives. This book comprehensively analyzes China's domestic, global, maritime, and continental petroleum strategies and policies, establishing a new theoretical framework that captures the interrelationship between security and profit. Arguing that hedging is central to China's energy-security policy, this volume links government concerns about security of supply to energy companies' search for profits, and by drawing important distinctions between threats and risks, peacetime and wartime contingencies, and pipeline and seaborne energy-supply routes, the study shifts scholarly focus away from securing and toward insuring an adequate oil supply and from controlling toward managing any disruptions to the sea lines of communication. The book is the most detailed and accurate look to date at how China has hedged its energy bets and how its behavior fits a hedging pattern.

This book evaluates China’s energy diplomacy across the globe and how it transcends the barriers to maintain both its security and its Chinese characteristics. How China graduated from 'self-sufficiency' to 'Go out' policy. How will China’s energy security evolve within the ambit of Chinas new normal? For China, its energy security has been of primary importance, both domestically and internationally. This book explores the foreign dimension. The energy security in the Mao era was a necessity, a policy in the Deng era and a strategy in the period henceforth. The book identifies the evolution of China from a manufacturer to an investor, that is, its outbound direct investments in the energy field and the shift in its focus from traditional fuels to renewable energy sources. It goes beyond the traditional choices of energy like West Asia and Africa and explore the lesser suppliers who could have a stronger say in the future to come.

This book provides a quantitative framework for evaluating China’s energy security in the economic transition period and comprehensively explains how China’s macroeconomic reforms have impacted on its energy sector.

China’s rapid economic growth in the recent decades has produced an unprecedented energy vulnerability that could threaten the sustainability of its economic development, a linchpin to social stability and ultimately the regime legitimacy of the Chinese Communist Party (CCP) as well as the foundation for China's rising power aspirations. What is the Chinese perception of the energy security and challenges, how has the Chinese government responded to the challenges? What are the international implications of China’s search for energy security? This collection of contributions by leading scholars seeks answers to these extremely important questions. The book is divided into three parts. Part I presents an overview of China’s sense of energy security and its strategic responses. Part II examines China’s energy policy-making processes, the efforts to reform and reorganize the energy sector and reset policy priorities Part III focuses on the international implications of China’s search for energy security. This book consists of articles published in the Journal of Contemporary China.