Oil Gas In Asia Pacific

This study examines the political, economic and industrial issues underpinning efforts to develop Northeast Asia's major energy resources, focusing on the frontier projects of Sakhalin, the Tarim Basin and Yakutsk. It argues that the scale and interrelated nature of the projects means that solutions must be developed not through bilateral deals, but through a regional framework, including government-led efforts to develop a regional gas grid in tandem with government-industry collaboration to develop the major reserves.

Given Australia’s lack of energy security strategy, it is not surprising that the country is void of institutional knowledge and know-how of Russian foreign energy strategy. The ‘lucky country’ as it were, relies entirely on sea-lines of communication to the north to supply fuel and to export Australian coal and natural gas. Australia has entered the 2020s as the world’s largest liquefied natural gas (LNG) exporter; however, maintaining complacency in Canberra’s current export activities will ultimately lead to a long-term security crisis. This book critically examines Russian energy strategy in the Asia-Pacific, with a view to determining the security implications for Australia. Russia is important for global energy security chains because of its vast resource wealth and its geographical position – a pivotal position to supply both the European and Asian markets. Australia has no such luxury, geographically constrained as an island continent; it relies on the nearby Asia-Pacific import market to demand our energy and to facilitate the delivery of our national oil supplies. Understanding Russian foreign energy strategy in the region is crucial given the growing energy requirements in Australia’s emerging Asia-Pacific arena.

Typically, upstream activities involve the exploration, development, and production of crude oil and natural gas. The search for new sources of supply to meet growing demand is top of the energy security agenda for most government in Asia Pacific.

In recent years, China has emerged as the world's sixth largest oil producer and as Asia's largest oil exporter. As a result, attention has become increasingly focused on the prospects for the rapidly growing petroleum industry. Although much of this attention has been directed toward foreign involvement in the development of offshore resources, th

The contributors to this book review the environmental problems created by rising energy demand, and examine their impact on the oil industry especially in the Asia-Pacific region where future demand for oil is projected to increase the most. Policy options to minimize energy-related environmental problems are discussed. The contributors also address these questions: • What are the economic implications of emission control to developing countries, and the process, mechanism and constraints for multilateral agreement on the reduction of pollutants, particularly greenhouse gases • Within the broader context of oil price volatility, why has environmental concern created a need for dialogue between oil producers and consumers?