IDEAS home Printed from https://ideas.repec.org/p/oec/ieaaaa/2011-3-en.html
   My bibliography  Save this paper

Overseas Investments by Chinese National Oil Companies: Assessing the Drivers and Impacts

Author

Listed:
  • Julie Jiang

    (International Energy Agency)

  • Jonathan Sinton

    (International Energy Agency)

Abstract

This report examines inaccuracies in some commonly held views of China's National Oil Companies (NOCs). Until now, there has been little analysis to test the widely held presumption that these companies act under the instructions and in close co-ordination with the Chinese government. Nor have critics been challenged on the validity of their concerns about investments made by these NOCs, and how they could be blocking supplies of oil for other importing countries.The IEA analysis, however, finds that contrary to these views, the NOCs actually operate with a high degree of independence from the Chinese government, and their investments have in fact largely boosted global supplies of oil and gas, which other importers rely on.

Suggested Citation

  • Julie Jiang & Jonathan Sinton, 2011. "Overseas Investments by Chinese National Oil Companies: Assessing the Drivers and Impacts," IEA Energy Papers 2011/3, OECD Publishing.
    • Handle: RePEc:oec:ieaaaa:2011/3-en
    DOI: 10.1787/5kgglrwdrvvd-en
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/5kgglrwdrvvd-en
    Download Restriction: no
    File URL: https://libkey.io/10.1787/5kgglrwdrvvd-en?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Khanindra Ch. Das & Nilanjan Banik, 2015. "Outbound Foreign Direct Investment from China and India," China Report, , vol. 51(3), pages 204-229, August.
    2. Zhang, ZhongXiang, 2012. "Why Are the Stakes So High? Misconceptions and Misunderstandings in China’s Global Quest for Energy Security," Energy: Resources and Markets 130548, Fondazione Eni Enrico Mattei (FEEM).
    3. Shiteng Xu & Jeff Gow & Youzhi Chen & Yahua Zhang & Zhibin Huang, 2019. "The Determinants Of Outward Foreign Direct Investment Strategies Of Chinese Energy Firms," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(04), pages 1019-1036, September.
    4. Tian, Lei & Wang, Zhongmin & Krupnick, Alan & Liu, Xiaoli, 2014. "Stimulating shale gas development in China: A comparison with the US experience," Energy Policy, Elsevier, vol. 75(C), pages 109-116.
    5. Manochehr Dorraj & James English, 2013. "The Dragon Nests: China’s Energy Engagement of the Middle East," China Report, , vol. 49(1), pages 43-67, February.
    6. Shao, Yanmin & Qiao, Han & Wang, Shouyang, 2017. "What determines China's crude oil importing trade patterns? Empirical evidences from 55 countries between 1992 and 2015," Energy Policy, Elsevier, vol. 109(C), pages 854-862.
    7. Leung, Guy C.K. & Cherp, Aleh & Jewell, Jessica & Wei, Yi-Ming, 2014. "Securitization of energy supply chains in China," Applied Energy, Elsevier, vol. 123(C), pages 316-326.
    8. Sylvia Gaylord & Kathleen J. Hancock, 2013. "Developing world: national energy strategies," Chapters, in: Hugh Dyer & Maria Julia Trombetta (ed.), International Handbook of Energy Security, chapter 10, pages 206-236, Edward Elgar Publishing.
    9. Liedtke, Stephan, 2017. "Chinese energy investments in Europe: An analysis of policy drivers and approaches," Energy Policy, Elsevier, vol. 101(C), pages 659-669.
    10. Madina O. Turaeva & Svetlana P. Glinkina & Artem A. Yakovlev, 2018. "Channels of Chinese Capital Penetration to the Central Asian Countries within the Framework of the Belt and Road Initiative," Journal of New Economy, Ural State University of Economics, vol. 19(4), pages 64-78, August.
    11. Hoon Lee & David Lektzian & Glen Biglaiser, 2023. "The Effects of Economic Sanctions on Foreign Asset Expropriation," Journal of Conflict Resolution, Peace Science Society (International), vol. 67(2-3), pages 266-296, February.
    12. Bielschowsky, Ricardo & da Rocha, Felipe Freitas, 2018. "China’s quest for natural resources in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    13. Zhang, ZhongXiang, 2012. "The overseas acquisitions and equity oil shares of Chinese national oil companies: A threat to the West but a boost to China's energy security?," Energy Policy, Elsevier, vol. 48(C), pages 698-701.
    14. Yeltsin Tafur & Eric Lilford & Roberto F. Aguilera, 2022. "Assessing the risk of foreign investment within the petroleum sector of South America," SN Business & Economics, Springer, vol. 2(6), pages 1-32, June.
    15. Benye Shi & Tian Cai, 2020. "Has China’s Oil Investment in Belt and Road Initiative Countries Helped Its Oil Import?," Energies, MDPI, vol. 13(12), pages 1-13, June.
    16. Zhang, ZhongXiang, 2011. "China's energy security, the Malacca dilemma and responses," Energy Policy, Elsevier, vol. 39(12), pages 7612-7615.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ieaaaa:2011/3-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/ieaaafr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.