Oil is the key commodity powering the whole of the current international economic order. Securing unfettered access to oil supplies has become a vital national interest. The struggle to preserve these interests has inevitably played out on the global stage. The past ten years have witnessed the increasing importance of emerging economies to oil production. China has become the world s largest importer of oil and second largest consumer and Chinese National Oil Companies (NOCs) have gained growing international presence. In parallel, Beijing has exerted intensive diplomatic efforts to promote China s oil.
Susana Moreira The International Expansion of Chinese National Oil Companies: Entangled Relations in Latin America and Sub-Saharan Africa (Routledge Contemporary China Series) free
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