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Author Bo Kong reveals how China's international petroleum policy is shaped by the cogovernance of the country's petroleum sector by its government and national oil companies, whose interests are at cross purposes with each other.
• Draws on original documents published by the Chinese government and Chinese national oil companies, together with interviews with government officials, industry analysts, and experts in China, the United States, and Africa
• Includes data-rich appendices, a chronology, and a bilingual bibliography
- Sales Rank: #2915471 in Books
- Published on: 2009-12-22
- Original language: English
- Number of items: 1
- Dimensions: 9.20" h x 1.00" w x 6.30" l, 1.10 pounds
- Binding: Hardcover
- 229 pages
Review
"This thoughtful book provides a detailed analysis of recent developments in China's petroleum sector. It shows, on the one hand, that China's government has lost effective control over the sector and yet, on the other hand, that most of our fears concerning the overseas activities of Chinese oil companies are unfounded." (Philip Andrews-Speed, Professor of Energy Policy and Director of the Centre for Energy, Petroleum and Mineral Law and Policy)
"China recently passed a sobering milestone, surpassing Japan in oil imports to rank second only to the United States in that key measure of energy security. This new order raises questions about how China's complex politics shape that nation's new global role. Bo Kong has constructed an important, rigorous, and balanced analysis of China's 'go out' international petroleum policy, and in the process provided scholars and policy makers with profound insight into China's system of governance." (William Chandler, President of Transition Energy, co-founder of DEED China, and adjunct senior associate Energy and Climate Program at the Carnegie Endowment for International Peace)
"China's International Petroleum Policy is a superb book. It addresses not only the details of China's energy problems and Beijing's going global policy, it also speaks directly to the issues of governance and the emerging policy-making system. Significantly, this book describes the scope of autonomy that China's emerging multinational corporations enjoy and some of the implications of that autonomy." (David M. Lampton, Hyman Professor and Director of China Studies, Johns Hopkins-SAIS)
"There is no more important event in global energy than China's rise alongside the US, Europe, Japan, Russia and OPEC as a critical force. Bo Kong's compelling analysis stands alone in dispelling the deeply held myth that China's thrust into the global oil and gas arena is well-planned and centrally coordinated policy bankrolled by China's government. He meticulously and convincingly argues that China's unique model of public-private institutional relations and technocratic rather than political industry leadership produces conservative policies at home and abroad. He shows that China is not revisionist, is not seeking global regime change and in the longer run, by making inevitable mistakes, China's status quo interests will keep it aligned with market-based OECD countries. It is by far the best analysis available on this critical subject." (Edward L. Morse, Managing Director and Head of Research, Louis Capital Markets)
"Bo Kong has examined the complex and shifting priorities in energy policy that Beijing and the Chinese state oil companies have struggled with since the country became a net importer of oil in 1992. China's International Petroleum Policy highlights the critical economic, political, financial, environmental and military dimensions that are embedded in China's approach to petroleum governance, and sheds much-needed light on the ambiguities that Beijing faces as it attempts to manage its energy growth." (Adam E. Sieminski, CFA, Chief Energy Economist, Deutsche Bank Global Markets/ Commodities Research)
About the Author
Bo Kong, PhD, is professorial lecturer of Energy, Resources, and Environment (ERE) at the Johns Hopkins University School of Advanced International Studies (SAIS), and he directs the school's Global Energy and Environment Initiative (GEEI).
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