Regional energy policy
Individual Documents
Description:
"India is highly dependent on oil imports,
and approximately 70 per cent of India?s
oil is imported. By 2020 India is expected
to import 80 per cent of its energy needs.
Expecting an exponential growth in its
energy demands from an expanding
economy India has been trying hard to
secure hydrocarbon energy supplies.
Amongst other options, India has been
looking eastwards to the extensive naturalgas
reserves of Bangladesh and Myanmar,
which have become vital for India?s
economic growth. The geographic
proximity of Bangladesh and Myanmar to
India makes the import of gas not just
convenient, but an economically attractive
proposition. In addition, the energy needs
of eastern India, particularly the
northeastern states, would be better served
by gas from Myanmar and Bangladesh
rather than from reserves in Iran and other
distant fields...By failing to resolve the Indo-Bangladesh
political stalemate, India risks losing out to
Chinese firms (and other energy-hungry
nations in Southeast Asia). Therefore, Indian
officials should weigh and reconsider the
prospects of accepting (or rejecting)
Bangladesh?s demands. With regard to the
Bangladeshi trade deficit, the lifting of
trade barriers will not cost the Indian
exchequer much; in fact in the long-run, it
may help cement prospects of greater
bilateral cooperation, particularly
concerning security issues..."
Srinjoy Bose
Source/publisher:
Institute of Peace and Conflict Studies (IPCS Special Report, No. 45, July 2007)
Date of publication:
2007-07-00
Date of entry/update:
2010-12-21
Grouping:
Individual Documents
Category:
Regional energy policy
Language:
English
Format :
pdf
Size:
132.08 KB
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Abstract: "The World Bank, working together with the Asian Development Bank (ADB), actively supports the development of a regional power market in the GMS: Cambodia, Lao PDR, Myanmar, Thailand, Vietnam and the Yunnan Province of the People's Republic of China. This report is part of a dynamic process aimed at developing power trade in the Greater Mekong Sub-region (GMS), the objective of which will be to provide reliable and economic electric service to consumers, consistent with sustainable use of natural resources. The report includes the following headings: introduction; issues related to the current situation; possible options and requirements for the intermediate term; recommendations for intermediate-term decisions; options for long-term trading in the GMS region; next steps; and conclusion"
James Barker, Diane Minogue
Source/publisher:
World Bank (ESMAP Technical Paper 108/06)
Date of publication:
2006-12-00
Date of entry/update:
2010-04-21
Grouping:
Individual Documents
Category:
GMS - official proceedings and reports, Regional production and transmission, Regional energy policy
Language:
English
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Description:
Executive Summary:
1. China and India are the second and third largest economies in Asia,
respectively. Rapid economic development, industrialization, urbanization and
improved lifestyles are driving the two countries? energy demand higher and
making them increasingly reliant on world energy markets.
2. In comparison, the energy situation of China is better than that of India in
terms of energy consumption structures, international reserve status, and quest
for energy supply abroad.
3. Both countries currently rely on international markets for over half of the oil
they consume. But India?s dependence on foreign oil has a longer history than
that of China.
4. Although India has a longer record of promoting energy conservation, the
current Chinese energy efficiency campaign under the leadership of the
country?s top leaders is likely to generate more impressive results than the
corresponding campaigns in India.
5. For both China and India, production overseas is an effective way to hedge
against high oil crisis and ensure energy security. But it is believed that China
is more successful than India in its oil investment abroad for a number of
reasons.
6. Firstly, China has central energy authority in charge of formulating and
adjusting its overall energy development strategy. There is no single central
ministry for energy in India however. Instead, there are a number of ministries
and groups that are responsible for policymaking related to various energy
sources.
7. Secondly, Chinese National Oil Companies (NOCs) get more support from
government and state-own banks. While crisis-hit international oil companies
ii
have been reining in their overseas expansion, China?s top oil giant CNPC has
recently inked a US$5 billion financing deal with Kazakhstan?s state oil
company KazMunaiGas.
8. China?s generous funding has taken other forms as well. Its banks have been
making headlines for showering tens of billions of loans and funds on
emerging markets in Africa, Latin America and Central Asia.
9 India pales in this regard; its NOCs receive no government support for their
overseas investment. They evaluate investment areas and go into specific
deals independently and with their own funds.
10. Thirdly, China?s energy diplomacy plays a more effective role in its energy
quest abroad. These years saw China channeling diplomatic efforts into
cultivating relations with oil and gas-exporting countries. Yet India?s energy
diplomacy has been restricted by its conflicting interests that may indeed clash
with its energy expansion efforts.
11. Lastly, India?s quest for energy supply is also being impeded by its sometimes
tense relations with energy suppliers, energy transit countries and energy
competitors. India needs to overcome more serious geopolitical and security
challenges than China before it can realize its overland pipeline dreams.
Zhao Hong
Source/publisher:
East Asian Institute, National University of Singapore, EAI Background Brief No. 462
Date of publication:
2009-07-02
Date of entry/update:
2009-08-12
Grouping:
Individual Documents
Category:
Regional energy policy
Language:
English
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