Jakobson, Linda, and Zha Daojiong

Abstract
The notion of oil security on a global scale is problematic because of the diverging perspectives with which oil-importing countries and oil-exporting countries view energy security. Oil-importing countries are interested in “oil supply” while oil-exporting countries focus on “oil demand.” This leaves ample space for major powers to maneuver within the complex political-economic dynamics associated with oil trade. China has been no exception.
This commentary addresses the international debate that has emerged concerning the geo-strategic and geo-economic motivations behind China’s pursuit of offshore oil supply. By examining China’s oil-related overseas investments in Sudan we shed light on some of the business and political complexities associated with the China-Sudan relationship. In the view of many Chinese observers, Sudan has in terms of oil exploration been a Chinese success story while in the view of many foreign observers, China’s dealings in Sudan are the very reason why China has faced harsh international criticism of its overseas oil operations.
Instead of debating whether or not China has the right, just as all oil-importing countries do, to pursue its own route to oil security we encourage oil-importing countries to re-examine the existing mechanisms of oil trade. It is in the interest of China as well as the established economies to collaborate in shaping a new global structure for oil trade.
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