10.4.2 Multi-channel International
Energy Cooperation
Methods
China should adopt multi-channel methods in
international energy cooperation, including multilateral, regional and bilateral approaches.
Multilateral energy cooperation is the most
important method in international energy collaboration. To raise its influence and make its voice
heard, China must participate extensively in
international energy organisations, strengthen
multilateral energy cooperation and security, bolster the legal and regulatory framework on multilateral energy cooperation, protect its own energy
security and maximise its benefits. It is also
important that China promotes extensive global
dialogue with energy exporters, consumers and
transit countries, and establishes and improves the
international multilateral energy diplomacy
mechanisms, thus achieving a balance in global
energy interests and a stable energy market.
China should strengthen regional energy
cooperation and promote regional integration of
energy markets. Asia is an important energy
supplier and a fast-growing market in energy
consumption, so it plays an extremely important
role in international energy supply and demand.
China, as a member of Asia-Pacific Economic
Cooperation (APEC), can actively promote
energy cooperation in Asia. China should help
form organisations for energy cooperation in East
Asia, actively coordinate energy policies with
East Asia countries, include oil and gas development in the Russian Far East in the East Asia
energy cooperation framework to maintain
energy security in the region, and support common interests. China should promote energy
cooperation under the framework of the Shanghai Cooperation Organisation and work for the
energy security and sustainable economic
development of its members.
China should develop bilateral energy cooperation with other countries and establish good
bilateral energy relationships to lay a strategic
foundation for international energy cooperation.
China should develop a long-term energy
Fig. 52 China’s strategic
vision of future international
energy cooperation
670
W. Jigang and P. Webb
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