Chinese Companies Energy Activities in Emerging Asia

Table of contents

Table of Contents

Abstract.......................................................................................................................................................

1

Highlights ....................................................................................................................................................

2

Executive summary.......................................................................................................................................

3

Introduction .................................................................................................................................................

5

Scope and outline.........................................................................................................................................................

5

Methodology

.............................................................................................................................................................

6

Overview of Chinese energy activities.............................................................................................................

7

Power…………………......................................................................................................................................................

7

Oil and gas……… ........................................................................................................................................................

10

Coal imports and mining.............................................................................................................................................

15

Stakeholder activities reflect China’s domestic economic structure..................................................................

17

In the power sector.....................................................................................................................................................

17

In the oil and gas sector ..............................................................................................................................................

19

Key drivers ..................................................................................................................................................

20

Institutional framework ..............................................................................................................................................

21

Economic drivers........................................................................................................................................................

22

Need for increased energy security.............................................................................................................................

24

Modes of Chinese energy involvement in emerging Asia ................................................................................

26

Financing methods.....................................................................................................................................................

26

Value chain integration...............................................................................................................................................

28

Conclusion ..................................................................................................................................................

31

References ..................................................................................................................................................

32

Acronyms, abbreviations and units of measure ..............................................................................................

34

Acronyms and abbreviations ......................................................................................................................................

34

Units of measure ........................................................................................................................................................

35

Emerging Asia country groupings ...............................................................................................................................

35

Table of Contents ........................................................................................................................................

36

Acknowledgements .....................................................................................................................................

37

List of Figures

Figure 1.

Chinese-added capacity by technology in emerging Asia, 2013-22......................................................................

8

Figure 2.

Chinese companies’ shares of emerging Asia capacity additions by technology, 2013-22 ..................................

9

Figure 3.

China’s oil and gas supplies, 2013-17 ...................................................................................................................

11

Figure 4.

Oil and gas production by Chinese companies in emerging Asia and imports from the region, 2013-17...........

12

Figure 5.

China’s coal imports, 2013-17 ..............................................................................................................................

15

Figure 6.

Chinese government and companies’ overseas energy activity drivers .............................................................

20

Figure 7.

Chinese energy contract and investment levels, resources exported to China and country risk, 2013-17 .........

24

Figure 8.

Distribution of power plant contracting arrangements and equipment supplies for Chinese energy ...................

projects in. emerging Asia (2013-22) ...................................................................................................................

29

List of tables

Table 1.

Refining projects of Chinese companies in non-OECD Asia ...............................................................................

14

Table 2.

Main Chinese energy infrastructure companies contracting construction services in emerging Asia ...............

18

Table 3.

Main Chinese manufacturers exporting power equipment to emerging Asia....................................................

18

Table 4.

Main Chinese stakeholders in non-OECD Asia oil production, 2017...................................................................

19

Table 5.

Main Chinese stakeholders in non-OECD Asia gas production, 2017 .................................................................

19

Table 6.

World Bank Doing Business and OECD country risk index for non-OECD Asia...................................................

23

Table 7.

China’s energy import dependency and imports from emerging Asia ...............................................................

25