Origins
China’s rapid economic development over the course of the last quarter century has been heavily dependent on foreign sources of energy, and it is likely that foreign sources of energy will prove even more critical to the continued growth of the Chinese economy. The sea lines of communication that link the Chinese mainland with ports throughout the Middle East and coasts of Africa, have become a major source of conflict with respect to China's future energy security.
China is the world's second largest oil consumer and the largest oil importer. Oil consumption is expected to grow in China by 5.8% annually until 2015. Oil imported from the Gulf States and Africa comprises 70% of total Chinese oil imports, and remains China’s most critical source of energy apart from domestic coal production. In order to meet future demand, China has signed a number of long term contracts to develop Iranian oil fields and to build a pipeline, refinery, and port in Sudan for oil export.
The oversea transport of oil from existing production areas will continue to remain the primary mode of energy importation for the foreseeable future. Efforts to secure new supply lines in Central Asia have proven difficult, with poor infrastructure, political instability, logistical challenges, and corruption hampering energy development there. Energy security also sits at the core of China’s anti-piracy efforts, which figure into its larger maritime objectives. The expansion of Chinese naval patrols off the Coast of Somalia, and China’s decision to join multi-nation defense patrols in 2010, indicate China’s greater assertiveness in the policing of shipping corridors.
Read more about this topic: String Of Pearls (China)
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