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Security and Profit in China’s Energy Policy: Hedging Against Risk
Øystein Tunsjø
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Description for Security and Profit in China’s Energy Policy: Hedging Against Risk
Hardback. Series: Contemporary Asia in the World. Num Pages: 336 pages. BIC Classification: 1FPC; HBJF; JPS; KNBP. Category: (P) Professional & Vocational. Dimension: 162 x 235 x 26. Weight in Grams: 594.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2013
Publisher
Columbia University Press United States
Number of pages
336
Condition
New
Series
Contemporary Asia in the World
Number of Pages
336
Place of Publication
New York, United States
ISBN
9780231165082
SKU
V9780231165082
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Øystein Tunsjø
Dr. Oystein Tunsjo is an Associate Professor at the Norwegian Institute for Defence Studies. He is co-editor with Robert Ross and Zhang Tuosheng of US-China-EU Relations: Managing a New World Order (London: Routledge, 2010) and author of US Taiwan Policy: Constructing the Triangle (London: Routledge, 2008), both in Routledge's Asian Security Studies Series. Tunsjo is co-editor with Robert S. Ross ... Read more
Reviews for Security and Profit in China’s Energy Policy: Hedging Against Risk
Oystein Tunsjo has scored an important coup with his book. His work clearly demonstrates the interaction of strategic and market elements in Beijing's thirsty search for energy reserves. Tunsjo presents a realistic analysis of China's strategic maritime and economic situation. His book is a valuable resource for academics and security policy makers.
Bernard D. Cole, National War College Numerous ... Read more
Bernard D. Cole, National War College Numerous ... Read more