China's International Petroleum Policy (Energy and Security)

China's International Petroleum Policy (Energy and Security) by Kong, Bo. Hardcover edition. ISBN: 9780313377914.

Author Bo Kong reveals how Chinas international petroleum policy is shaped by the cogovernance of the countrys petroleum sector by its government and national oil companies, whose interests are at cross purposes with each other. This exhaustive treatment of Chinas international petroleum policy examines the cogovernance of Chinas petroleum sector by its government and national oil companies, as they work at loggerheads with each other to shape such key policies as overseas investment, domestic price caps, and import controls in the face their countrys exploding demand for foreign oil. Imported oil already accounts half of Chinas total consumption and is forecast to increase to 80 percent by 2030. Chinas International Petroleum Policy focuses on six major issues: the evolution of Chinas petroleum governance regime, the making of Chinas international petroleum policy, the international expansion of Chinas national oil companies, the challenges confronting Chinese oil companies on the international petroleum chessboard, Beijings petroleum diplomacy, and the implications of Chinas international petroleum policy. Each chapter describes the historical and institutional context of a particular issue, the key players, and the structures and processes through which policy is developed and implemented.