Asia's energy supply and maritime sector /
NOEL Pierre
Asia's energy supply and maritime sector / Pierre Noel. - 2014
Growth in world energy demand and consumption is being led by Asia Pacific countries and especially by China. This article considers the security implications of this rise noting that there is no necessity for countries to use military or diplomatic options to secure energy resources. Oil is a global commodity and market mechanisms handle supply and demand. Seaborne transport provides greatest supply flexibility and thus contributes to energy security. Both China and India are developing naval forces in part ostensibly to secure energy supplies. Whether China will cooperate at a strategic level with the USA in protecting maritime commons is by no means clear.
ASIA PACIFIC--ENERGY SUPPLIES
Asia's energy supply and maritime sector / Pierre Noel. - 2014
Growth in world energy demand and consumption is being led by Asia Pacific countries and especially by China. This article considers the security implications of this rise noting that there is no necessity for countries to use military or diplomatic options to secure energy resources. Oil is a global commodity and market mechanisms handle supply and demand. Seaborne transport provides greatest supply flexibility and thus contributes to energy security. Both China and India are developing naval forces in part ostensibly to secure energy supplies. Whether China will cooperate at a strategic level with the USA in protecting maritime commons is by no means clear.
ASIA PACIFIC--ENERGY SUPPLIES