2013年8月27日星期二

China both opportunities and challenges

With the U.S. dependence on Middle East oil significantly reduced , China from Saudi Arabia, Iraq , Qatar and other countries imported increasing oil and gas resources , accounting for the share of exports in these countries is also rising .

Although the short-term Chinese oil demand enough to reach the U.S. level, but growing rapidly. Traditional oil-producing countries in the Middle East , while U.S. imports decreased access to new export markets , exports to the inevitable , these changes also shows the pattern of the world oil market is undergoing subtle changes .

On the other hand , the U.S. oil exports and the adjustment of energy strategy for China and the United States , Canada and other countries to create the conditions for energy cooperation . United States in the field of energy, especially in the  unconventional gas  and new energy fields to further expand mutually beneficial cooperation in space . U.S. crude oil exports to China is a good start , the future U.S. crude oil , liquefied natural gas exports to China will continue to increase bilateral cooperation in unconventional oil and gas energy development and technological exchanges and cooperation will become increasingly frequent.

With the U.S. offshore oil and gas and the rapid development of unconventional oil and gas , as well as the strengthening of the role of new energy alternatives , future U.S. oil and gas imports will continue to decline in Canada 's oil and gas exports to the U.S. will fall . Excessive dependence on energy exports in order to solve the situation of the United States , Canada is also seeking to diversify export channels , turning to Asia . China and Canada and other North American countries , the energy partnership will increasingly strengthened.

However, the U.S. crude oil exports only U.S. energy strategy to adjust the performance and one of the results , the background is the United States in recent years, especially since the global financial crisis in the political , economic, military , diplomatic and other areas strategic adjustment . As a rising power, China in the changing situation in the global energy challenges and pressures greater .

First, domestic oil production potential is limited , increasing external dependence . Chinese oil resources per capita is only 5.4% of the world average since 2010, oil production barely maintained at a level of around 200 million tons . In the absence of significant technological breakthrough or a major discovery in the case , Ceramic proppant the local yield potential is very limited. At the same time , rapid growth in oil demand , security for the increasing pressure . In 2012, China 's dependence on foreign oil by 58% over energy security , especially oil security has become an important issue must be addressed .

Second, the situation in the Middle East and oil transport channel security impact on China increased. 80 percent of China's oil imports from the Middle East and Africa , through the Strait of Malacca, through which 38% of the Strait of Hormuz , "national oil fortunes " for less than 40%. U.S. dependence on Middle East oil reduced role in the Middle East have also changed . China 's dependence on Middle East oil rising geopolitical risks , transport security has become China had to directly face the issue. China has not as powerful as the United States military and diplomatic strength to control the Middle East situation. Once the major changes , the oil will have a significant impact on safety .

Third, China 's peripheral situation will be more complicated. Reduce the U.S. dependence on oil imports gained greater strategic development. The Obama administration took office, began to focus on the fight against terrorism original strategic focus to Asia , Hydraulic fracturingto consolidate its leading position in the region . U.S. high-profile "return to Asia " in Northeast Asia , the East China Sea , South China Sea and other regions of the situation even more complicated , the original dispute and conflicts under certain conditions may be intensified, affecting the process of China's peaceful rise .

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