Published in Central Asia & Central Caucasus(2007-6).
This paper is divided into three parts: China’s energy policy and energy development strategy; Central Asia’s significance for China’s overseas energy development strategy; and Central Asia’s energy security and energy development.
I. Adjustments in China’s Energy Policy and Energy Development Strategy
China has now surpassed Japan as the second largest energy consuming country, next only to the United States. In 2006, China imported 145.18 million tons of crude oil, making another record in history. It is expected that by 2010, China could import 180 to 200 million tons of crude oil, over half of its total consumption. Meanwhile, with the steady rise in energy consumption, environmental pollution as well as energy waste will increase, presenting a host of serious challenges to the government and society.
In the face of such a situation, China has begun to gradually adjust its energy policy and energy development strategy, as reflected in the following five areas:
(1) Energy production in the western part of the country is being encouraged, while in the eastern part it is becoming stabilized. To ensure adequate domestic production, the old oil (including gas) fields in…………………
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