Center on China’s Transnational Relations, Working Paper No. 9
In the recent years, the world economic growth has stimulated a roaring demand for oil and fiercer worldwide competition for oil resources. In order to snatch and control the oil resources, the United State even launched the Iraq War. China and Japan also competed intensely for Russia’s Far East oil pipelines. The main oil producing areas in the world witnessed continuous political turbulence and social disorder. And the terrorism is spreading to whole the globe. Therefore, the issue of worldwide oil security has aroused global attention.
