Energy and Globalisation: Oil and Gas in China

Abstract

All the evidence, from news desk analysis about oil and gas in China to the incredible growth that China has experienced in the ten years from 1990 to 2000, points to a Chinese energy scene that is already “global”. Selective macro data and investigative reports show China to be a new global partner in this industry. Yet, critical factors show a country not truly engaged in a definite globalisation process. With a daily production of 3.3 million barrels of oil (bpd) and a consumption of 5.45 ...