As the world's fastest growing energy consumer, China has attracted enormous attention over the last few years. This paper looks at the factors influencing China's policies and strategies in its search for energy security and examines whether China can be persuaded to adopt a more integrative stance with respect to energy. It argues that China's pursuit of a policy to secure preferential access to oil and gas resources in politically unstable states could lead to heightened competition with other major importing states and to geopolitical tensions.
The pressures on Iran to roll back its uranium enrichment programme have increased with the UN Security Council imposing harsher sanctions and Washington indicating that it is even ready to carry out military strikes on Iran's nuclear facilities. The Iranian leadership, on the other hand, continues to claim that its nuclear programme is peaceful and is essential for producing electricity and helping economic development to meet the needs of a growing population.
In January 2007, when the Iranian Supreme Leader Ayatollah Khamenei suggested to the Secretary of the Russian Security Council, Igor Ivanov, that the two countries should explore setting up an OGEC or an organization of gas exporting countries similar to OPEC, Ivanov dismissed it as a "general idea" and not a "proposal for discussion".
While the efforts of ONGC-Videsh and Indian Oil Corporation are laudable, there is still some distance our firms have to travel to catch up with global competition. I urge our oil and gas PSUs to think big, think creatively and think boldly in this context…They have to be more fleet-footed in making use of global opportunities, both on the supply and demand side, I find China ahead of us in planning for the future in the field of energy security. We can no longer be complacent and must learn to think strategically, to think ahead and to act swiftly and decisively.
An OPIC versus OPEC: Is Cartelisation the Answer?
Discussants: Sunil Jain & B. Mohanty
China's Search for Energy Security: Emerging Dilemmas
As the world's fastest growing energy consumer, China has attracted enormous attention over the last few years. This paper looks at the factors influencing China's policies and strategies in its search for energy security and examines whether China can be persuaded to adopt a more integrative stance with respect to energy. It argues that China's pursuit of a policy to secure preferential access to oil and gas resources in politically unstable states could lead to heightened competition with other major importing states and to geopolitical tensions.
Is China's Search for Energy Security Exclusive or Integrative?
Discussants: C. Ratnam & Swaran Singh
Iran Standoff: Repercussions for the Global Oil Market
The pressures on Iran to roll back its uranium enrichment programme have increased with the UN Security Council imposing harsher sanctions and Washington indicating that it is even ready to carry out military strikes on Iran's nuclear facilities. The Iranian leadership, on the other hand, continues to claim that its nuclear programme is peaceful and is essential for producing electricity and helping economic development to meet the needs of a growing population.
Why are we talking about an OGEC now?
In January 2007, when the Iranian Supreme Leader Ayatollah Khamenei suggested to the Secretary of the Russian Security Council, Igor Ivanov, that the two countries should explore setting up an OGEC or an organization of gas exporting countries similar to OPEC, Ivanov dismissed it as a "general idea" and not a "proposal for discussion".
US-Iran face-off: Impact on Global Oil Market
Chair: T N R Rao
Discussants: C Raja Mohan
Peak Oil: Co-operation or Conflict?
Discussants: C Ratnam & Talmiz Ahmad
Equity Oil and India's Energy Security
While the efforts of ONGC-Videsh and Indian Oil Corporation are laudable, there is still some distance our firms have to travel to catch up with global competition. I urge our oil and gas PSUs to think big, think creatively and think boldly in this context…They have to be more fleet-footed in making use of global opportunities, both on the supply and demand side, I find China ahead of us in planning for the future in the field of energy security. We can no longer be complacent and must learn to think strategically, to think ahead and to act swiftly and decisively.