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Sino-Russian Oil and Gas Cooperation: The Reality and Implications

Author

Listed:
  • Paik, Keun-Wook

    (Senior Research Fellow, Oxford Institute for Energy Studies)

Abstract

This book analyses the evolution of Sino-Russian oil and gas cooperation during the 1990s and 2000s. It describes how China has become a large importer of Russian oil, but not of its gas, and gives an explanation as to why this curious contrast has developed. The author argues that, given the two countries' energy endowments and needs, it has been almost inevitable that there should be a considerable amount of Sino-Russian oil and gas cooperation, but concludes that the imperatives of oil cooperation were much more powerful than those relating to gas. The book examines the progress of oil and gas exploration and development in East Siberia and Russia's Far East, and estimates the amount of oil and gas that Russia could export from these regions to China and Northeast Asian countries. It also provides a parallel analysis of China's potential to be a large scale importer of oil and gas and presents a detailed account of its dealings with the Central Asian Republics. This in-depth evaluation reveals the differences in the characteristics of the oil and gas sectors that have led to such contrasting outcomes. The final part of the book predicts the likely evolution of Sino-Russian oil and gas cooperation and the national, regional, and global consequences.

Suggested Citation

  • Paik, Keun-Wook, 2012. "Sino-Russian Oil and Gas Cooperation: The Reality and Implications," OUP Catalogue, Oxford University Press, number 9780199656356.
  • Handle: RePEc:oxp:obooks:9780199656356
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    Citations

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    Cited by:

    1. Keun-Wook Paik, 2013. "The role of Russian gas in China’s energy supply strategy," Asia Europe Journal, Springer, vol. 11(3), pages 323-338, September.
    2. Catherine Locatelli, 2020. "Une lecture institutionnaliste de la réforme du secteur gazier russe," Working Papers hal-02734835, HAL.
    3. Motomura, Masumi, 2014. "Japan’s need for Russian oil and gas: A shift in energy flows to the Far East," Energy Policy, Elsevier, vol. 74(C), pages 68-79.
    4. Catherine Locatelli & Mehdi Abbas & Sylvain Rossiaud, 2015. "Russia and China hydrocarbon relations A building block toward international hydrocarbon regulation?," Working Papers hal-01246346, HAL.
    5. Scott R Stephenson & John A Agnew, 2016. "The work of networks: Embedding firms, transport, and the state in the Russian Arctic oil and gas sector," Environment and Planning A, , vol. 48(3), pages 558-576, March.
    6. Catherine Locatelli, 2015. "La question du gaz dans les relations entre l'UE, la Russie et l'Ukraine," Post-Print hal-01174452, HAL.
    7. Xiaoguang Wang, 2020. "Leadership-building dilemmas in emerging powers’ economic diplomacy: Russia’s energy diplomacy and China’s OBOR," Asia Europe Journal, Springer, vol. 18(1), pages 117-138, March.
    8. Liu, Dawei & Yamaguchi, Kensuke & Yoshikawa, Hisashi, 2017. "Understanding the motivations behind the Myanmar-China energy pipeline: Multiple streams and energy politics in China," Energy Policy, Elsevier, vol. 107(C), pages 403-412.
    9. Catherine Locatelli, 2015. "Les échanges gaziers entre la Russie et la Chine à l’ aune de leur sécurité énergétique," Post-Print hal-01206226, HAL.
    10. Catherine Locatelli & Mehdi Abbas & Sylvain Rossiaud, 2017. "The Emerging Hydrocarbon Interdependence between Russia and China: Institutional and Systemic Implications," Europe-Asia Studies, Taylor & Francis Journals, vol. 69(1), pages 157-170, January.
    11. Locatelli, C., 2020. "Une lecture institutionnaliste de la réforme du secteur gazier russe," Working Papers 2020-04, Grenoble Applied Economics Laboratory (GAEL).

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