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.