Transitions in China's Oil Economy, 1990-2010

Guy C. K. Leung, Raymond Li, Melissa Low

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

A team of specialists on China's energy sector reviews a series of major transitions that have transformed that country's oil economy over the past two decades. These include, on the demand side, (a) the increasing role of oil in the economy as a whole vis-à-vis other major energy carriers (as incomes have risen and millions of households have purchased vehicles and have also traveled by air), and (b) an increasing emphasis on energy efficiency and carbon mitigation. On the supply side, several additional transitions are discussed, namely (1) the scaling up of output from the central and western regions as well as from offshore, as the major northeastern oil fields decline after several decades of very heavy production, (2) a shift from being a major oil exporter to the world's second-largest oil importer, (3) expansion and diversification in the number of sources from which China imports oil, (4) changes in the way imported oil enters the country (increasingly via pipelines from neighboring countries), and (5) with such heavy dependence on imports, the building of strategic petroleum reserves and an immensely enlarged refining capacity, intended to enhance the nation's oil security.
Original languageEnglish
Pages (from-to)483-500
Number of pages18
JournalEurasian Geography and Economics
Volume52
Issue number4
DOIs
Publication statusPublished - 2011
Externally publishedYes

Fingerprint

energy
China
import
economy
oil
neighboring countries
scaling
diversification
air
supply
income
efficiency
demand
Oil
energy efficiency
oil field
mitigation
petroleum
carbon
Import

Cite this

Leung, Guy C. K. ; Li, Raymond ; Low, Melissa. / Transitions in China's Oil Economy, 1990-2010. In: Eurasian Geography and Economics. 2011 ; Vol. 52, No. 4. pp. 483-500.
@article{eb50c04e44ef4144a238b626dde41842,
title = "Transitions in China's Oil Economy, 1990-2010",
abstract = "A team of specialists on China's energy sector reviews a series of major transitions that have transformed that country's oil economy over the past two decades. These include, on the demand side, (a) the increasing role of oil in the economy as a whole vis-{\`a}-vis other major energy carriers (as incomes have risen and millions of households have purchased vehicles and have also traveled by air), and (b) an increasing emphasis on energy efficiency and carbon mitigation. On the supply side, several additional transitions are discussed, namely (1) the scaling up of output from the central and western regions as well as from offshore, as the major northeastern oil fields decline after several decades of very heavy production, (2) a shift from being a major oil exporter to the world's second-largest oil importer, (3) expansion and diversification in the number of sources from which China imports oil, (4) changes in the way imported oil enters the country (increasingly via pipelines from neighboring countries), and (5) with such heavy dependence on imports, the building of strategic petroleum reserves and an immensely enlarged refining capacity, intended to enhance the nation's oil security.",
keywords = "China, energy security, oil consumption, oil production, oil imports and exports, oil pricing, oil refining, plastics, vehicle",
author = "Leung, {Guy C. K.} and Raymond Li and Melissa Low",
year = "2011",
doi = "10.2747/1539-7216.52.4.483",
language = "English",
volume = "52",
pages = "483--500",
journal = "Post-Soviet Geography and Economics",
issn = "1538-7216",
publisher = "Taylor and Francis Ltd.",
number = "4",

}

Transitions in China's Oil Economy, 1990-2010. / Leung, Guy C. K. ; Li, Raymond; Low, Melissa.

In: Eurasian Geography and Economics, Vol. 52, No. 4, 2011, p. 483-500.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Transitions in China's Oil Economy, 1990-2010

AU - Leung, Guy C. K.

AU - Li, Raymond

AU - Low, Melissa

PY - 2011

Y1 - 2011

N2 - A team of specialists on China's energy sector reviews a series of major transitions that have transformed that country's oil economy over the past two decades. These include, on the demand side, (a) the increasing role of oil in the economy as a whole vis-à-vis other major energy carriers (as incomes have risen and millions of households have purchased vehicles and have also traveled by air), and (b) an increasing emphasis on energy efficiency and carbon mitigation. On the supply side, several additional transitions are discussed, namely (1) the scaling up of output from the central and western regions as well as from offshore, as the major northeastern oil fields decline after several decades of very heavy production, (2) a shift from being a major oil exporter to the world's second-largest oil importer, (3) expansion and diversification in the number of sources from which China imports oil, (4) changes in the way imported oil enters the country (increasingly via pipelines from neighboring countries), and (5) with such heavy dependence on imports, the building of strategic petroleum reserves and an immensely enlarged refining capacity, intended to enhance the nation's oil security.

AB - A team of specialists on China's energy sector reviews a series of major transitions that have transformed that country's oil economy over the past two decades. These include, on the demand side, (a) the increasing role of oil in the economy as a whole vis-à-vis other major energy carriers (as incomes have risen and millions of households have purchased vehicles and have also traveled by air), and (b) an increasing emphasis on energy efficiency and carbon mitigation. On the supply side, several additional transitions are discussed, namely (1) the scaling up of output from the central and western regions as well as from offshore, as the major northeastern oil fields decline after several decades of very heavy production, (2) a shift from being a major oil exporter to the world's second-largest oil importer, (3) expansion and diversification in the number of sources from which China imports oil, (4) changes in the way imported oil enters the country (increasingly via pipelines from neighboring countries), and (5) with such heavy dependence on imports, the building of strategic petroleum reserves and an immensely enlarged refining capacity, intended to enhance the nation's oil security.

KW - China

KW - energy security

KW - oil consumption

KW - oil production

KW - oil imports and exports

KW - oil pricing

KW - oil refining

KW - plastics

KW - vehicle

U2 - 10.2747/1539-7216.52.4.483

DO - 10.2747/1539-7216.52.4.483

M3 - Article

VL - 52

SP - 483

EP - 500

JO - Post-Soviet Geography and Economics

JF - Post-Soviet Geography and Economics

SN - 1538-7216

IS - 4

ER -