The role of Russian gas in China’s energy supply strategy
Keun-Wook Paik ()
Asia Europe Journal, 2013, vol. 11, issue 3, 323-338
Abstract:
China’s gas industry has witnessed a massive expansion and Chinese energy planners envisage a huge development of natural gas in China until 2030. This growth requires large-scale imports of gas in the coming two decades. This article discusses the role of Russian gas exports in China’s gas expansion. It analyses China’s natural gas growth in the coming decades, based on the projections of China’s domestic production capacity and the consequent necessity of large-scale pipeline gas imports from Russia, the Central Asian Republics, and Myanmar. Included in the projections are LNG imports from Southeast Asia, the Middle East, Australia, North America, and East Africa. The article explains how Russia is trying to avoid depending exclusively on the China market by using the options of gas exports to Korea and Japan. However, it concludes that Russia’s pipeline gas exports to China will play an important role in China’s energy supply plan in the coming decades. Copyright Springer-Verlag Berlin Heidelberg 2013
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:kap:asiaeu:v:11:y:2013:i:3:p:323-338
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DOI: 10.1007/s10308-013-0354-6
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