China's Oil Security Strategy

Along with the development of Chinese economy, the demands of petroleum increase quickly. The problems of petroleum security break through. The problems of petroleum security are within the security of economy belongs to the security of nation. It means the country could attain the petroleum resources on the international markets freely with paying reasonable price. After the first petroleum crisis breaking up, western countries began to study petroleum security strategies. After studying for several years, the theories and practices have become mature. Our country began to study them only after reform and opening. The experts and scholars about relative industries have supposed many practicable advices. But they didn't form a system. The practices about petroleum security strategies are in disorder.Recently, Chinese known restore quantity decreases by years. The increases of the output are not outstanding. But the consuming quantity increases largely. So the gap between the demand and supply becomes bigger and bigger. The exterior dependence degree is higher and higher. Because of the influences of natural disaster, banking gamble capital and so on, the price of petroleum are high stably. All of these make Chinese petroleum security in trouble. The lack of the ability of self-supplying, the singly import of petroleum, the lack of the sensibility of the price decision, many troubles of exterior investments, the blankness of the law system of the petroleum restore, the immature of the substantial restore make the petroleum security to be a big problem.The Chinese petroleum supplying-demanding model proves the seriousness of the situation of Chinese petroleum security. It comes from the price elasticity. The model analyses and constructs the Chinese supply and demand curves. Through analyzing the equilibrium of the two curves, we can make sure that the situation of the petroleum security is very terrible. If we let it go, the consequence of the development of Chinese economy would be very bad.Through analyzing the problems of Chinese petroleum security, we can construct the Chinese petroleum security strategies. At the part of enhancing interior petroleum supply, we should stable eastern, develop western and exploit oceanic resources. At the part of multiplying petroleum import, as to the import sources, we should consider the petroleum cooperation prospects with Russia, Mid-Eastern, Mid-Asia and Africa, disperse the risks of petroleum supply. As to the multiple import ways, we should make...