Publications

Placing a Value on Spot Sales from a Joint Oil Stockpiling Facility

Jennifer Considine, Kang Wu, Ziyad Alfawzan, Sammy Six

In this paper, joint oil stockpiling (JOS) refers to a commercial arrangement whereby crude oil, owned and commercially traded by an exporting country, is stored in an importing country in exchange for priority drawdown by the host country in the…

Considine, Jennifer

Wu, Kang

Alfawzan, Ziyad

Six, Sammy

The Value of Spot Sales to a Producing Country Subject to Production Quotas

Jennifer Considine, Kang Wu, Abdullah Aldayel

In recent years, global oil markets have experienced intensified competition driven by growing surpluses of lighter crude and shale oil. As their margins have shrunk, many producers have increased output in order to boost revenue, adding to the oversupply. Meanwhile,…

Considine, Jennifer

Wu, Kang

Aldayel, Abdullah

Securing New Markets in Asia: The Value of Strategic Spot Crude Oil Sales to Teapot Refiners

Jennifer Considine, Kang Wu, Abdullah Aldayel

In the race to secure customers on competitive world oil markets, many oil producers are looking to China as a promising source of increased market share. The task of securing new customers in China can be challenging, as most of…

Considine, Jennifer

Wu, Kang

Aldayel, Abdullah

An Economic Analysis of China’s Domestic Crude Oil Supply Policies

Bertrand Rioux, Philipp Galkin, Kang Wu

China’s domestic oil production has lagged the rapid growth in the country’s oil consumption since 2000, leading to a large, and growing, reliance on crude imports to meet demand. Factors including China’s current market structure and regulatory environment impede further…

Rioux, Bertrand

Galkin, Philipp

Wu, Kang

The Economic Impact of Price Controls on China’s Natural Gas Supply Chain

Science Direct

Despite significant progress made by China in liberalizing its natural gas market, certain key areas such as market access and pricing mechanisms remain controlled by the government.

Axel Pierru, Kang Wu, Frederic Murphy, Philipp Galkin, Bertrand Rioux, Yan Li, Artem Malov, Felipe Feijoo

Assessing the Impact of Natural Gas on Natural Gas Liquids: Policy Challenges and Imperatives

Rami Shabaneh, Kang Wu

The supply growth of natural gas liquids (NGLs) globally within the last decade is unprecedented. The future global demand growth for NGLs is expected to be strong in areas where relevant industries are garnering robust investment and policymakers support the use…

Shabaneh, Rami

Wu, Kang

The Economic Impact of Price Controls on China’s Natural Gas Supply Chain

Bertrand Rioux, Philipp Galkin, Frederic Murphy, Axel Pierru, Kang Wu

Despite significant progress made by China in liberalizing its natural gas market, certain key areas such as market access and pricing mechanisms remain heavily monopolized or controlled by the government. To assess how such distortions impact the market, we developed…

Rioux, Bertrand

Galkin, Philipp

Murphy, Frederic

Pierru, Axel

Wu, Kang

The Changing Political Economy of Energy in China

Center for Strategic and International Studies (CSIS), Washington, D.C.

Kang Wu

New Pattern of Refining industry and Refined Oil Product Trade in the Asia-Pacific region

International Petroleum Economics (in Chinese with abstract in English)

Kang Wu

The Impact of Low Oil Prices on China

Briefs for Pacific Energy Summit, The National Bureau of Asian Research

Kang Wu

Prospects for Asia’s Refining Sector Developments and Petroleum Product Trading in the Asia-Pacific Region

International Petroleum Economics (in Chinese)

Kang Wu

China’s Energy Security: Oil and Gas

Energy Policy

Kang Wu

The Future Arctic Oil and Gas Development: Chinese Perspective

The Arctic in World Affairs: A North Pacific Dialogue on the Future of the Arctic—2013 North Pacific Arctic Conference Proceedings

Kang Wu

Energy Economy in China: Policy Imperatives, Market Dynamics, and Regional Developments

World Scientific Publishing Co. Pte. Ltd.,

Kang Wu

Comments on Chapter 5: Chinese Perspective

The Arctic in World Affairs: A North Pacific Dialogue on Arctic Marine Issues—2012 North Pacific Arctic Conference Proceedings

Kang Wu

Strategic Framework for Energy Security in APEC: An Update

August 2011, prepared for National Center for APEC, Seattle, Washington, 24pp. Distributed at the APEC Business Advisory Council (ABAC) Annual Meeting at the November 2011 APEC, hosted by the United States Honolulu, Hawaii, USA

Kang Wu

Special Report: Capacity, Complexity Expansions Characterize China’s Refining Industry—Past, Present, Future

Oil and Gas Journal

Kang Wu

Biofuels in China: Development Dynamics, Policy Imperatives, and Future Growth

IAEE Energy Forum

Kang Wu

Comments on Canada and Russia

Fossil Fuels to Green Energy: Policy Schemes in Transition for the North Pacific, by Korea Energy Economics Institute, Seoul, Korea

Kang Wu

Impact of the Global Economic Crisis on the World Energy Market: Implications for North Pacific

Fossil Fuels to Green Energy: Policy Schemes in Transition for the North Pacific, by Korea Energy Economics Institute, Seoul, Korea

Kang Wu