Researcher & duration

Summary of finding

Journal or source

Wang et al., 2013 [29]

Gas production of China will only be 164.6 bcm in 2020 which is lower than forecast demand.

Energy Policy

Sinogasenergy, 2016 [30]

The energy business is inherently subject to business, economic, competitive, political and social uncertainties and contingencies.

Sinogas energy

Wu, 2008 [31]

“Going out” has become part of the overall investment strategy for every state oil company in China.

Oil and Gas Energy Law

China Energy Group, 2014 [32]

China consumed for 20% of global energy. Energy grew 51% percent as fast as GDP.

Lawrence Berkeley National Laboratory

Cunningham, 2015 [2]

Chinese outward foreign direct investment (ODI) ranked fifth in the world in 2014 and accounted for 5.7 percent of the global total, just ahead of Russia.

Global Economic Governance Initiative Working Paper

Edwards, Ishaq, & Johnsen, 2011 [33]

Technology is the most important force to increase the supply of more challenging oil and gas and mitigate the environmental impact of energy production and consumption.

IBM Global Business Services, Executive Report

Wang, 2016 [11]

China now has reserve/production ratios of 11.9 and 30.4 for crude oil and natural gas.

The Oil & Gas Conference, Denver, Colorado

Dent, 2015 [34]

China faces serious energy security challenges, as burgeoning industrial-based development and rising material demands of business and society.

Asia Pacific Business Review

Thomson & Boey, 2015 [35]

The role of oil and gas in China’s energy strategy are set to remain very significant over the next 20 years.

Asia Pacific Business Review

Wang, Zhu, & Wang, 2017 [36]

Shocks of oil supply havesignificant negative impacts on China’s export duration, while aggregate demand shocks have a significantly positive impact on China’s export.


Aloui et al., 2016 [27]

Higher uncertainty increases crude-oil returns only during certain periods of time.

Energy Economics

Shao et al., 2017 [10]

Crude oil import of China is associated with exporting country’s supply, demand, and price and its bilateral trade relationships.

Energy Policy

Sun et al., 2017 [19]

The energy exporting countries of OBOR are trying to reduce oil and gas export dependence and to extend their industrial chain to promote economic growth.

IAEE Singapore 2017

Kang, Perez de Gracia, & Ratti, 2017 [37]

Demand-side shock has a positive effect on the return of oil and gas companies on average, whereas shocks to policy uncertainty have a negative effect on the return.

Journal of International Money and Finance

Zhang et al. 2017 [38]

Prices of natural gas increases lead to an increase in the consumer price index (CPI) and lead to reductions in GDP.

Journal of Cleaner Production

Zhang et al., 2017 [39]

The seasonal peak-shaving issues are increasingly prominent with the rapid development of natural gas industry in China.

Natural Gas Industry B

Jianjun et al., 2016 [26]

The global oil prices have a significant impact on China’s oil and gas industry system and the national energy security.

Natural Gas Industry B