China's Oil Industry and Market

China's Oil Industry and Market PDF Author: H.H. Wang
Publisher: Elsevier
ISBN: 0080529119
Category : Business & Economics
Languages : en
Pages : 429

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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 Oil Industry and Market

China's Oil Industry and Market PDF Author: H.H. Wang
Publisher: Elsevier
ISBN: 0080529119
Category : Business & Economics
Languages : en
Pages : 429

Get Book Here

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.

Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions

Opening Up China's Markets Of Crude Oil And Petroleum Products: Theoretical Research And Reform Solutions PDF Author: Hong Sheng
Publisher: World Scientific
ISBN: 9814603988
Category : Business & Economics
Languages : en
Pages : 307

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Book Description
This book provides a comprehensive and unique perspective on China's oil and natural gas industry and a practical roadmap to reforms.The book begins with a thorough examination of the status quo of China's oil and natural gas industry. It explores the evolution, transition, and characteristics of the oil industry of China, and unveils the problems that caused ineffectiveness of the oil and petroleum products market, namely, the dominance of monopoly enterprises, price regulation, and restriction to entry. It provides an insightful analysis on the efficiency losses and welfare losses the monopoly system brings to the society as the current system distorts income distribution, violates the principle of fairness, and stands against the market rules and the legal pillars of the Chinese constitution. This book argues that the monopoly system in the oil industry of China results in a variety of toxic influences and that reforms are needed. It then offers a roadmap to reforms in the oil and petroleum products market in an incremental fashion.The findings and proposals of the Chinese version of this book have proved to be successful, as they led to immediate shifts in the policies of the Chinese authorities. This book provides valuable insights into the urgency involved in carrying out reforms in the oil and petroleum products market in China, with concrete and up-to-date statistics, comprehensive and detailed analyses, and authoritative and authentic sources.

The Chinese Oil Industry

The Chinese Oil Industry PDF Author: Lianyong Feng
Publisher: Springer Science & Business Media
ISBN: 1441994106
Category : Technology & Engineering
Languages : en
Pages : 123

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Book Description
The Chinese Oil Industry: History and Future presents a wealth of tables and figures with new data on Chinese fossil fuel production and consumption, together with a peak oil model to forecast future trends in energy supply and demand. Energy experts in China and the United States provide you with a unique overview of the entire Chinese oil industry. The authors discuss trends in production and consumption of global significance through to the middle of the 21st century, including the energy returned on energy invested (EROI) for China’s oil and gas. The role of oil in the industrialization of China is described as are four phases in the history of the Chinese oil industry. Detailed coverage of resources and exploration, pipeline development, refining and marketing, petroleum and natural gas pricing policies, and international cooperation is followed by consideration of conservation, renewable energy, and environmental impact. The authors also address the importance of coal and the probable future of coal production. - Offers a comprehensive view of the Chinese oil industry - Presents new and previously unpublished data - Covers history and future trends in production and consumption - Introduces a new peak oil model for China - Discusses EROI trend of oil and natural gas and its consequences for the Chinese economy - Written from an objective viewpoint by leading energy experts

China's Oil Industry & the Market

China's Oil Industry & the Market PDF Author: Haijiang Henry Wang
Publisher:
ISBN:
Category : Petroleum industry and trade
Languages : en
Pages : 226

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Book Description


China and the Global Energy Crisis

China and the Global Energy Crisis PDF Author: T. Kambara
Publisher: Edward Elgar Publishing
ISBN: 1847204317
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
. . . a very detailed and fascinating description of the development of China s oil and natural gas industry and an assessment of its prospects. . . certainly a recommended read. Anthony D. Owen, Asia Pacific Journal of Economics and Business . . . this book should be a part of the library of anyone interested in the Chinese energy system. New Zealand Journal of Asian Studies This is a timely and important book to help enhance understanding of China s petroleum industry and to assess China s energy policy in a more sensible way. Janet Xuanli Liao, The China Journal This is a timely volume. Understanding the oil and gas industry that China has at home is an essential prerequisite to understanding Chinese foreign policy and the future role of China in world oil and gas markets. It is certain to be a major one. From the preface by Ron Oxburgh, Lord Oxburgh of Liverpool, (Climate Change Capital) China s rapid economic development is having profound implications for energy resources. China has always been exceptionally reliant on its abundant coal, but consumption of oil and gas have grown rapidly since reform began in the 1980s. In spite of vigorous domestic development most recently in the Tarim Basin China is now consuming approximately 8 per cent of the world s oil output but producing only 4 per cent. China s emergence as an energy importer has given rise to concerns that it is a major contributor to recent turmoil in energy markets. This book examines China s record of oil and gas development, its refining capacity, and energy prospects. The authors conclude that there are no fundamental reasons for anxiety about China s demands on the world energy economy, but they emphasize that its energy future will depend critically on a continuation of reform and internationalization. China and the Global Energy Crisis is a concise but detailed study of these issues. This book will appeal not only to readers concerned with China and energy issues, but also to a wider readership seeking to understand China s development and its global meaning.

Energy Economy in China

Energy Economy in China PDF Author: Kang Wu
Publisher: World Scientific
ISBN: 9814335673
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
The key subjects of the book are policy imperatives, market dynamics and regional developments concerning oil and gas, as well as energy as a whole in China. In addition to national policies and issues, the objective of this book is to study China's regional and provincial oil and gas demand, supply and trade, energy balances, and economic development, with projections up till 2020. Particular emphasis will be given to challenges facing the Chinese government in ensuring future oil and gas supplies, energy security, the use of natural gas in coastal provinces for power generation, oil and gas related environmental issues, and the need for foreign investment in the oil and gas sector development. The impact of China's oil market development and imports on the Asia-Pacific region will also be examined. Energy Economy in China also reviews all current and future domestic and international oil and gas pipelines, import plans and emerging new gas markets in China over the next fifteen years.

China's Petroleum Industry In The International Context

China's Petroleum Industry In The International Context PDF Author: Fereidun Fesharaki
Publisher: Routledge
ISBN: 0429717148
Category : Political Science
Languages : en
Pages : 127

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Book Description
In recent years, China has emerged as the world's sixth largest oil producer and as Asia's largest oil exporter. As a result, attention has become increasingly focused on the prospects for the rapidly growing petroleum industry. Although much of this attention has been directed toward foreign involvement in the development of offshore resources, th

Oil In China: From Self-reliance To Internationalization

Oil In China: From Self-reliance To Internationalization PDF Author: Tai Wei Lim
Publisher: World Scientific
ISBN: 9814467774
Category : Business & Economics
Languages : en
Pages : 184

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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.

Oil and Gas in China

Oil and Gas in China PDF Author: Tai-Wei Lim
Publisher: World Scientific
ISBN: 9814277940
Category : Political Science
Languages : en
Pages : 180

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Book Description
This title looks at the emergence of China as a major importer and consumer of energy. It examines the Chinese oil industry from a cross-disciplinary political economy as well as an international relations perspective.

China ́s Rising Oil Consumption and Its Impact on the Global Oilmarket

China ́s Rising Oil Consumption and Its Impact on the Global Oilmarket PDF Author: Carina Schlesing
Publisher: GRIN Verlag
ISBN: 3656136718
Category : Science
Languages : en
Pages : 65

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Book Description
Bachelor Thesis from the year 2011 in the subject Geography / Earth Science - Geology, Mineralogy, Soil Science, grade: 1,3, RWTH Aachen University, language: English, abstract: 1. Introduction 1.1 Way of Posing a Problem Today's global economy depends on nearly one single resource: oil! Oil is the main driving force of the global economy. The global hunger for raw materials is increasing particularly in fast growing economies such as China, India or even Brazil. Globalization, the growth of population and the ever-advancing technologies are the main reasons for this growth in demand. Experts estimate that for example, China's demand for energy will triple by 2020. Commodities, especially oil, are scarce goods on the world markets. This becomes apparent, above all, by soaring commodity prices. In the next few years the pace of growth in China's demand for oil could be a key factor contributing to further increases in the prices for crude oil and refined petroleum products. Those price increases could affect the demand for petroleum and influence the investment decisions of refiners worldwide. Oil is a finite resource. The following paper deals with the question of the effects and impact on the global oil market associated with the rising demand for raw materials and economic growth in China. 1.2 Research Objective and Thesis organisation The aim of this bachelor thesis is to clarify the effects of to the growing demand for oil on the global market. China, a country that is currently experiencing an incredible rate of economic growth, serves as a dynamic example. This situation results in a series of questions the answers of which must be based on an extensive knowledge of the global resources of raw materials to produce energy and also on their availability. It also needs some insight into the regularities of the market for energies, its way of operation and its variables. This thesis starts by describing the formation of oil to make transparent that the genesis of