Energy Security in Northeast Asia: Competition and Cooperation
Tai Hwan Lee
Chapter 11 in Energy Security, 2008, pp 162-178 from Palgrave Macmillan
Abstract:
Abstract This chapter explores the issues of energy competition and cooperation by analysing energy security in Northeast Asia with a special emphasis on its geopolitical dimension. With the rise of China and its rapidly growing oil demand, oil and gas supply has become a central concern of the consumer countries in Northeast Asia, including China, Japan and Korea. As high energy prices have persisted since mid-2000, a sense of crisis has arisen regarding Northeast Asian energy security. With the oil price hike reaching over 100 dollars per barrel, it is more imperative than ever before to address the energy security and energy cooperation issues in Northeast Asia. Even before the price hike, the rising dependence on foreign energy supply, especially the dependence on the Middle East, and increasing Chinese energy demands had led to Northeast Asian energy security problems.1
Keywords: International Energy Agency; Energy Security; Energy Cooperation; Shanghai Cooperation Organization; Northeast Asian Country (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59500-2_11
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DOI: 10.1057/9780230595002_11
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