China's Oil Future: A Case of Modest Expectations: A Case of Modest Expectations

ISBN-13: 9780367017477 / Angielski / Twarda / 2019 / 166 str.

Randall W. Hardy

Opis

Much has been written recently about China's emergence as a potential oil power. Comparisons have ranged from those that picture China as another Middle East, with a Middle East-like impact on future global oil markets, to more modest images of an oil-producing nation that can meet its rapidly expanding internal needs through the late 1980s and still have some oil for export to its neighbor, Japan. Yet to fulfill even the latter prediction, the People's Republic of China will have to surmount a series of substantial political and technical obstacles. This book identifies those constraints, assesses the likelihood of China's overcoming them, examines the incentives for increasing Chinese petroleum exports, and analyzes the role such exports could play in Peking's foreign policy.

Spis treści

Preface -- Summary -- How Much Oil and Where -- Marketing and Distribution -- Offshore Development -- People's Republic of China Domestic Variables -- People's Republic of China Trade -- Foreign Policy Questions -- People's Republic of China Foreign Policy Goals -- Conclusions -- Appendixes -- Major PRC Oil Fields (In Thousands of bpd and Million Tons/Year) -- Map of PRC Oil Resources and Refineries -- Overall Estimates for Onshore and Offshore Reserves -- Estimate of Size of New Oil Reserve Finds Necessary to Maintain R/Ps of 15 and 30 (in Billion Barrels)1 -- PRC Refineries1 -- Chinese Refining Capacity and Capacity Utilization -- Major Field Crude Oil Characteristics and Average Pruduct Ylelds -- World Crude Oil Residual Yields1 -- Chinese Continental Shelf -- Estimated Hydrocarbon Potential of the Chinese Continental Shelf -- Chinese Offshore Hydrocarbon Potential -- Sample Offshore Claims -- Wave Frequency and Maximum Height -- Environmental/Technology Classifications of China's Continental Shelf -- PRC Energy Consumption by Sector (Thousand bpd of Oil Equivalent) -- Calculated Capital Investment Increases Between 1975 and 1980 -- Calculated Capital Investment Increases Between 1975 and 1980 (Different Base Periods) -- PRC Petroleum Industry Organization: Standing Committee State Council -- Petroleum-Related Equipment Sales to China -- Us Technicians in China -- Sample Sino-Japanese Crude Oil Contract, 1974 -- Japan's Five-Year Supply and Demand Plan (Thousand bpd) -- Various Projections of Chinese and Soviet Oil Output