Competition in the international oil and gas market cross, enthusiastic

Competition in the international oil and gas market cross, enthusiastic

March 10, 2010/Dong Xiucheng

At present, the coexistence of competition and cooperation is a very prominent feature of the current world oil and gas market, mainly in the following areas:

Competition and cooperation among the oil exporters. Competition is to get more market share, expand their exports. Cooperation is necessary for their own long-term interests and implementation strategies (lower limit exports, determines the world's oil price) compromises to achieve stable prices in the international oil and gas, purpose of maintaining relative balance of supply and demand.

Competition and cooperation between the main consumers. In order to fight for one's own existing import source and guarantee own demand and take positive steps, with the help of investment, technical assistance, such as oil and gas field exploration and development means crowding out other consumer countries and with a desire to supply main development cooperation supply and demand, himself in in cooperation with the oil and gas supply in a good location. Cooperation is that two competing consumption within the body of the party under certain conditions as an investor in the territory of the other party engaged in mining or oil and gas exploration, development, transportation and other operational cooperation.

Competition and cooperation between the supply and consumption. Most of the competition for strategic considerations, consumption in order to obtain more favourable import source, with its political and economic influence and effective means to prevent a supply side controls on other oil and gas supply sources, or penetration, or prevent their supplies to other consumer party. Form of cooperation is to expand the supply and demand access to their more favourable conditions of supply or oil and gas support.

To demand and supply dual identity of the subject of a State participating in international competition. For oil and gas as the main consumers is because the country has a broad international demand, as energy supply is the main body because the country transnational corporations in the energy region of the world part of the implementation of effective capital operation and control of the oil and gas resources. These multinationals on the one hand enhance the competitive power of domestic oil and gas consumption, on the other hand also enhanced their ability to participate in competition in the international oil and gas supply. In addition, some geographical location (such as oil and gas transit country) advantages of consuming countries in addition to get the pole position in the consumer competition, also have a major effect on competition in the oil and gas supply main results.