Direction of Dependence on Middle-East-Crude-Oil for China

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Other Title
  • 中国の中東原油依存の方向性
  • チュウゴク ノ チュウトウ ゲンユ イゾン ノ ホウコウセイ

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It is the great issue to secure the energy resources for China which has become the oil-importing country since 1993 and crude-oil-importing since middle of 1990s. China had been the self-supplied country by his own abundant coal and oil. Therefore, to secure the energy resources especially oil from abroad is both the most important and new issue for China. China has been making effort to get the interest of oil development projects and has invested in Khazafstan, West Africa areas, Latin America areas, etc. China also has diversified the countries of origin of crude oil imported, and at present, it may have been successful. However, this paper concludes that, in the long view, dependence on the Middle East Crude Oil of China's oil demand will increase year by year, and main suppliers will be Saudi Arabia and Iran.

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