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 | CHINA'S OIL INDUSTRY AND MARKET
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By
H.H. Wang, Potomac, MD, USA
Included in series
Elsevier Global Energy Policy and Economics Series,
Description
This authoritative book on China's oil demand and government policies and practices rests on two essential foundations: first and foremost
on the author's considerable knowledge of China's oil situation and prospects, together with his access to Chinese energy literature
and data; and secondly, on that insight afforded to him and, therefore, his readers from his fluency in Chinese.
The author analyzes
the Chinese oil market and the rising pressure on Beijing to reform policies which constrain China's ability to meet soaring demand and
to pay for crucial imports at a time of growing political and economic uncertainties. Dr Wang acknowledges the importance of China meeting
its growing domestic oil demand, if at all possible, through national production. The sheer weight of China's population, and its burgeoning
requirements as industrialization spreads into most regions, dwarfs the needs of others and places unprecedented strain on international
oil trades.
The author stresses the fact that the outcome is hard to define, yet the time required to tackle the nation's energy needs
is not limitless. Moreover, he reminds the reader of the perennial difficulty in meeting widely disparate economic and energy needs in
different regions of the vast country.
Audience
For governments; oil producing, refining and trading firms and associated service companies; shipping companies; and banks.
Contents
Chapter headings and subheadings:
Preface.
Economic and Political Outlook.
Economic performance: overview
and outlook. Political outlook.
Oil Policy and its Impact.
Oil industry reforms. Oil pricing. Oil distribution policy.
Oil import policy.
Crude Oil Production.
Crude production levels, onshore and offshore. Tarim Basin exploration and
development. Projected crude production.
Refining Industry: Policy and Industry Prospects.
Crude distillation and conversion
capacity. Overview of refining capacity plans and assessment of actual changes. Refinery yields and output. Oil transportation. Refining
policy.
Petroleum Product Demand.
Oil in total energy consumption. Gasoline. Diesel oil. Fuel oil. Other refined products.
Crude direct burn. Total petroleum product demand.
Oil Quality and its Environmental Impact.
Crude quality. Environmental
impact.
Supply/Demand Balance: Implications for Trade.
Crude oil balance. Petroleum product balance. Can China afford
import expenses? Regional oil balance.
China's impact on the Asian Market.
Impact of crude imports on regional trade
flows and crude prices. Impact of product fundamentals on regional supply/demand balances. Impact of product crude spreads.
Conclusion.
Appendices. Bibliography and References. Index.
| Bibliographic details |
Hardbound, 0 pages, publication date: AUG-1999
ISBN-13: 978-0-08-043005-8
ISBN-10: 0-08-043005-8
Imprint: ELSEVIER
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| Price and Ordering |
Price:
USD 123 EUR 87.95 GBP 74.99
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Last update: 10 Sep 2009
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