Security and Profit in China's Energy Policy: Hedging Against Risk

by Øystein Tunsjø

Book Overview

China has developed sophisticated hedging strategies to insure against risks in the international petroleum market. It has managed a growing net oil import gap and supply disruptions by maintaining a favorable energy mix, pursuing overseas equity oil production, building a state-owned tanker fleet and strategic petroleum reserve, establishing cross-border pipelines, and diversifying its energy resources and routes.

Though it cannot be "secured,"...

• Format: Hardcover
• Language: English
• ISBN: 0231165080
• ISBN13: 9780231165082
• Release Date: November 2013
• Publisher: Columbia University Press
• Length: 336 Pages
• Weight: 1.30 lbs.
• Dimensions: 1.2" x 6.3" x 9.1"
• Grade Range: Postsecondary and higher