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Security and Profit in China’s Energy PolicyHedging Against Risk$
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Øystein Tunsjø

Print publication date: 2013

Print ISBN-13: 9780231165082

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231165082.001.0001

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Global, Maritime, and Continental Implications

Global, Maritime, and Continental Implications

(p.197) 7 Global, Maritime, and Continental Implications
Security and Profit in China’s Energy Policy

Øystein Tunsjø

Columbia University Press

This chapter examines the global, maritime, and continental implications of China’s energy security policy. It emphasizes three global implications: first, the increased influence of China’s national oil companies (NOCs) in the international petroleum market; second, China’s growing cooperation with international energy institutions and organizations; and third, the effects of China’s expanding global oil interests on international security. It analyzes China’s maritime energy security from three perspectives: first, the implications of China’s commercial maritime interests and the buildup of a state-owned tanker fleet in the international tanker and shipping market; second, how China’s naval buildup, the emphasis on protecting sea lines of communication (SLOCs), and the global commons shape cooperation and conflict at sea; and third, how the opening of new shipping routes in the Arctic will shape China’s energy security policy as well as its policy toward the Arctic region. The chapter also looks into the continental aspects of China’s energy security policy, examines the “energy factor” in Sino-Russian relations and the potential for Sino-Russian cooperation, competition, and rivalry in Central Asia and the Far East.

Keywords:   China, energy security policy, Chinese national oil companies, international security, foreign relations, Sino-Russian relations

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