Energy Cooperation in Northeast Asia: Challenges and Opportunities

Title: Energy Cooperation in Northeast Asia: Challenges and Opportunities

Authors: Zhang Jian, Wang Li, Zou Bowen, Zhang Yanzhe

ISBN: 978-1-84464-591-6

Ebook ISBN: 978-1-84464-592-3

Hardback-428 Pages

October 2020

English

£125 €140 $160












Description:

Energy cooperation in northeast Asia is proceeding slowly. It is necessary to promote energy cooperation in northeast Asia further to ensure energy security of all countries in the region. In recent years, many changes have taken place in the world energy landscape, bringing new opportunities for energy cooperation in northeast Asia. Firstly, increased oil and gas production in North America has increased Russia's willingness to deepen energy cooperation with northeast Asian countries. Secondly, the low oil price in the world brings opportunities for the construction and cooperation of energy reserves in northeast Asia. Thirdly, the diversification of energy import in northeast Asia is conducive to the construction and cooperation of energy and financial markets in northeast Asia. Fourth, shale oil and gas investment cooperation will be the new content of energy cooperation in northeast Asia. In addition, China's “One Belt And One Road” initiative will also boost the energy cooperation in northeast Asian. Northeast Asian countries should rethink how to promote the energy cooperation in northeast Asian further. This paper explores and demonstrates three possible paths for promoting regional energy cooperation through multiple channels in northeast Asia.

Generally speaking, this book is of theoretical and practical significance in regional energy cooperation, regional economic cooperation and improvement of state-to-state relations. Firstly, this book provides three practical ways to promote northeast Asia energy cooperation, broadens the ideas of northeast Asia energy cooperation, enriches the content of northeast Asia energy cooperation, and improves the theoretical system of northeast Asia energy cooperation. This book provides detailed research and elaboration on the meaning, content, form and measures of each path, which will help inspire and guide thinking and decision-making at the levels of government, governmental organizations, non-governmental organizations and enterprises. Secondly, the study on the path of energy cooperation in northeast Asia expands the ideas of regional energy cooperation, enriches the content and forms of regional energy cooperation, and makes a positive contribution to improving the theory of regional energy cooperation. At the same time, these theories can be used for reference to regional energy cooperation and even international energy cooperation in other regions. Finally, the study of promoting energy cooperation in northeast Asia is conducive to accelerating the process of regional economic cooperation in northeast Asia and improving the relations between countries in northeast Asia.

Content:

COVID-19 Update

Preface

Contributors

Chapter 1 Energy Industry in Northeast Asia

Russia’s Energy Supply and Demand

China’s Energy Supply and Demand

Japan’s Energy Supply and Demand

South Korea’s Energy Supply and Demand

Mongolia’s Energy Supply and Demand

Chapter 2 Energy Policies and Energy Diplomacy in Northeast Asia

Russia’s Energy Policies and Diplomacy

China’s Energy Policies and Diplomacy

Japan’s Energy Policies and Diplomacy

South Korea’s Energy Policies and Diplomacy

Mongolia’s Foreign Energy Cooperation

Chapter 3 The actuality of Energy cooperation in Northeast Asia

The Rapidly Increases of Volume of Intra-Regional Energy Trade in Northeast Asia

A Relatively Large Amount of Investments in Intra-Regional Cooperation

The Smooth Construction of Oil and Gas pipeline

The Platforms for Dialogue and Communication

Breakthroughs Have Been Made in Technical Cooperation

Chapter 4 Problems and Obstacles in Energy Cooperation in Northeast Asia

Single Mode of Energy Cooperation

Insufficient Cooperation among Energy Consumers

Lack of Mechanism of Multilateral Energy Cooperation

Obstacles of Energy Cooperation in Northeast Asia

Chapter 5 New Situation of Energy Cooperation in Northeast Asia

New Opportunities Brought by Changes in World Energy Pattern

Energy Cooperation in Northeast Asia Promoted by “the Belt and Road Initiative”

Chapter 6 Objectives and Principles of Energy Cooperation in Northeast Asia

Make Clear the Objectives of the Energy Cooperation in Northeast Asia

Define the Principles of Energy Cooperation in Northeast Asia

Chapter 7 Increasing the Collaboration of Energy Trading

and Investment in Northeast Asia

Approaches of Cooperation of Energy Trading and Investment

Content to Enrich the Energy Cooperation

Expanding the Scale of Energy Trading Cooperation

Strengthening the Cooperation among China, Japan and South Korea in Energy Trading and Investment outside Northeast Asia

Chapter 8 Promoting Cooperation on Oil Reserves in Northeast Asia

Oil Reserves and Cooperation Status in Northeast Asia

New Demand for Oil Reserve Cooperation Caused by Changes in Energy Situation in Northeast Asia

Feasible Measures for Oil Reserve Cooperation in Northeast Asia

Chapter 9 Cooperation on Energy Financial Market in Northeast Asia

Current Situation of Energy Financial Market

Establishing the Platform for Cooperation in Energy Financial Trading

Strengthening Cooperation on Energy Futures Products

Strengthening Regulatory Cooperation on Energy and Financial Markets in Northeast Asia

Index


About the Authors:

Dr. Jian ZHANG: is Doctor in Economics and Assistant Professor of Management School at the Changchun Institute of Technology.

Prof. Li WANG: Professor and Dean of Management School at the Changchun Institute of Technology.

Mr. Bowen ZOU: is Research Student of Northeast Asia Studies College at Jilin University.

Dr. Yanzhe ZHANG: is Associate Professor of Northeast Asian Research Center of Jilin University.

Copyright 2020 © Paths International

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