China and India: The Quest for Energy Resources in the 21st Century

by Zhao; Hong

• ISBN13: 9780415615082
• ISBN10: 0415615089
• Format: Hardcover
• Copyright: 2012-02-21
• Publisher: Routledge

Summary

The book sheds understanding on the relations between development and global energy security by looking at China and India. It addresses the following issues: what is the new definition of energy security? How does it affect global politics and international relations? What are the energy security concerns of China and India, and what policies and approaches have they taken to deal with energy security issues? Since China and India are searching for oil and gas in the Middle East, Africa, and Southeast Asia, would their acquisition efforts conflict with the interests of other energy giants such as the U.S., Japan, and would their growing overseas activities challenge U.S. policy in those energy-rich regions? The book provides insight into what the new global energy order may be and how the growth models and energy structures may shape the economic growth and energy. It analyzes both the state-centered approach and market-oriented approach in the global quest for energy resources. It also examines how China and India can adopt a cooperative approach for beneficial relations. The book will be of interest to anyone who is keen to learn how the World especially U.S.A. can accomodate and adapt to the new global energy dynamics and on China and India as new players in global energy markets.

Table of Contents

List of figures, maps, and tables	p. xiii
Acknowledgments	p. xv
List of abbreviations	p. xvii
China, India, and the new global energy order	p. 1
The Asian century?	p. 1
New energy demand shifts east	p. 5
Debates on oil-balance strategy	p. 8
Economic growth and energy demand	p. 12
Energy demand drivers	p. 12
Energy demand	p. 21
Energy supply	p. 23
Geopolitics of energy security	p. 32
Energy security in a global market	p. 32
Meanings and dimensions of energy security in China and India	p. 35
China's and India's energy security concerns	p. 38
Securing China's and India's energy	p. 52
Challenges and constraints	p. 56
Global quest for energy resources	p. 58
Strategies: where and how to quest for energy resources?	p. 58
NOCs and outward FDI as means for "going out"	p. 61
Energy exploration abroad	p. 67
Competitive advantages: Chinese NOCs versus Indian NOCs 71
Case study I: the Middle East	p. 76
The importance of the Middle East	p. 76
Chinese and Indian interests in the Middle East	p. 78
China's energy strategy in the Middle East	p. 82
India's energy strategy in the Middle East	p. 87
Looking to Iran for energy resources	p. 90
Will China and India challenge US policy in the Middle East?	p. 95
Case study II: Africa	p. 98
The importance of Africa	p. 98
China and India are not newcomers to Africa	p. 98
China's energy strategy in Africa	p. 102
India's energy strategy in Africa	p. 107
Case study III: Southeast Asia	p. 112
Oil and gas in Southeast Asia	p. 112
China-ASEAN energy ties	p. 115
India's "look east" strategy	p. 116
China-India gas competition in Myanmar	p. 119
Conclusions: adapting to the new global energy dynamic	p. 132
Threat or opportunity?	p. 132
China-India energy relations: from competition to cooperation?	p. 134
US, China, and India: working together to shape a new international energy order	p. 138
Notes	p. 142
Index	p. 158
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