earticle

영어

In 2003 and the first half of 2004, the energy policies of the economies of Northeast Asia demonstrated some positive developments that indicate growing interest in the concept of energy cooperation. Although the emerging picture is still fragmented, one can detect important shifts in the focus of policymakers. The first of these is growing concern with regard to the Middle East, in particular instability in Iraq and the internal security problems that have surfaced in Saudi Arabia. Secondly, China's booming economy and growing demand for oil and oil imports are generally perceived to be among the reasons for high oil prices. Thirdly, there is growing interest in oil and gas projects in Eastern Russia, both ongoing and planned. The economies of the Northeast Asian subregion(governments and companies)are paying close attention to existing and potential energy projects involving Russia. Thus far, this process of reassessment and economic evlauation is resulting in new policy concepts and business proposals. Finally, almost every economy of Northeast Asia is adopting a policy stance that favors multilateral energy cooperation. This article is intended to provide an overview of these recent developments, focusing on Russia and the energy importing economies of Northeast Asia, including their policy. It will also intended to find out the various methodology of financing the development of its energy cooperation.