Determinants Of Energy Security:China And India LNG Supply Security

Energy is a prerequisite for all processes carried out by the humans.Ever growing production volumes naturally require increasing amounts of energy to be consumed.Among all the available energy sources nowadays the importance of natural gas grows rapidly and it is now becoming a universal remedy for both approaching ‘oil peak' and long-term fossil fuels consumption caused environmental pollution and others.Especially important the issue of natural gas as energy resource is for countries like China and India whose energy mix and ecology issues are much graver than any others' considering their extraordinary development rapidness and related increase in energy consumption.China and India as the second and third biggest LNG importers worldwide considering the increasing demand for this type of fuel will soon be defining the market according to their inner policies and demands.Therefore,understanding the concept of their energy supply strategy and driving forces behind it will help advancing energy market comprehension,forecasting the future demand for this energy source and detecting general trends of energy security development.