Launch in 2019 the OIES China Energy Research Programme, is a center of analytical excellence offering insights into the factors that inform China’s energy policies and choices and their pivotal role in global energy markets.
China is the world’s second largest economy, biggest importer of crude oil, the fastest growing consumer of natural gas as well as the world’s top coal producer and emitter of CO2. The country is endowed with vast reserves of oil, gas and coal all of which it aims to develop in order to enhance its energy security, but, it is also seeking to spearhead a technological revolution in support of its energy transition.
In light of its voracious appetite for energy, its domestic resource potential and its technological ambitions, the way in which China chooses to develop its domestic resource base, consume energy and engage with global markets is of extreme importance to producers, consumers and traders of energy. But the country’s command economy, alongside the dominance of state-owned companies still inform policy design and implementation and are key to understanding the evolution of China’s energy mix and markets.
The China Energy Programme at OIES delves into these developments and offers insights into the factors that inform China’s energy policies and choices.
The Programme is grateful to its Sponsors for their support, without which its research would not be possible.
Research is carried out by the programme staff in close coordination with the other OIES programmes and in collaboration with leading researchers and institutes in China and the West. Research will be disseminated via a dedicated research paper series, energy comments, sponsors’ visits, and specialised events.
For information about the programme and questions, please email: Michal Meidan
Shippers and refiners have been actively preparing for the IMO transition and engaged in a lively debate on how it would play out, and since the second half of 2019, making active preparations for it. Chinese refiners, however, seem to have been less preoccupied with it than their Western peers. This may seem surprising given […]
China’s economic growth is slowing due to domestic efforts to curb financial risk and the escalating trade war with the US. Still, energy demand continues to rise and according to China’s largest state-owned oil and gas company, it is unlikely to peak before the mid-2030s. Even if the country’s economic growth moderates over that period, […]
China recently released its Natural Gas Development Report for 2019, a document which sets outs its plans for the sector in the years ahead. The past two years of stellar gas demand growth have framed a narrative, at least in western markets, that China’s future demand growth will remain in double-digit percentage rates and be […]
China’s emergence as a global economic power and energy consumer has shaped global energy production and trade flows. In the fossil fuel world, though, China was a technology follower and a price taker. In the energy transition, China is likely to play a vastly different role. Government-supported efforts to spur innovation have coincided with growing […]
Between 2008 and 2018, China’s gasoline demand doubled, from 1.5 mb/d to 3 mb/d, with gasoline alone accounting for over a third of the country’s total product demand growth. This was closely related to rising incomes and the phenomenal growth of China’s private car fleet. As a result, Chinese refiners and global markets are expecting […]
Diesel has been the most important refined product in China’s oil demand, accounting for a third of consumption in 2018 and for 25% of oil demand growth on average between 2008 and 2018. Historically, diesel was consumed in industry as well as in freight, fuelling trucks and commercial vehicles. But China’s industrial diesel demand has […]
OIES study quoted in Forbes on the risks to the Future Of Iraq’s Oil Production Growth as US-Iran tensions escalate https://t.co/VEIE0swSYI
Meidan quoted on the US-China agreement & impact on crude flows: Ramping up imports of U.S. crude will be challengi… https://t.co/EUE5hX8RXP
Shehabi’s article in Energy Policy investigates the linkages between energy subsidy reform and accelerating econom… https://t.co/jK3lZ7Zrcw
‘Finding a home’ for global LNG in Europe: understanding the complexity of access rules for EU import terminals https://t.co/XAlrx4SpJO