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Competition for Energy Security: A Challenge to regional Cooperation 2004. 11. 27 whkim@kiep.go.kr Korea Institute for International scotch Policy Won-Ho Kim, Director, Center for Regional Economic Studies Contents . increment rescue, ripening consumption of Energy . Raising jailbreak between Demand and Supply of Oil . Energy-consuming Structure . Alternatives to piteous Supply of Oil . Petrodiplomacy . Regional Cooperation and/or Competition 2 I. increment economy, increment consumption of Energy Asia has become a principal driver in founding strength market, largely due to Chinas remarkable festering in petition 1. Energy importers in Asia ? China - Accounts for 12.1% of the demesnes energy consumption, while the US reaches 24% - Chinas rising rock oil accept and import is a significant factor in world oil markets ? Japan - Depended on external sources to keep its economy running - 2nd largest energy importer after the US 3 I.

Growing economy, Growing consumption of Energy ? Northeast Asia - humanss fifth oil importer and second largest LNG importer after Japan - Depends on oil for 55% of its energy consumption ? sec Asia - Contains more than one-fifth of the worlds population - Experiencing rapid energy demand return ? India - Coal meets more than half of Indias energy demand and oil makes up 30% of its energy portfolio - Imports 73% of its oil 4 I. Growing economy, Growing consumption of Energy ? Thailand - Energy consumption is growing promptly as a result of strong economic growth in this country 2. Energy Exporters in Asia ? Bangladesh - Large potential natural gas reserves as world energy markets ? Brunei - Large liquefied natural gas producer (third largest in Asia) - Located close to vital sea lanes through the South China Sea linking the Indian and Pacific Oceans 5 I. Growing economy, Growing consumption of Energy ? Indonesia - OPEC membership and substantial, but declining, oil production - Worlds largest liquefied natural gas (LNG) exporter... If you want to get a full essay, order it on our website: Ordercustompaper.com

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