| Publication |
2014.
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| Summary/Abstract |
Asia's reliance on international, seaborne energy trade is conducive to strategic cooperation. Whether this will outweigh strategic competition is far from certain. The Asia-Pacific accounts for a large and growing share of the world's energy-demand growth. With imports rising faster than consumption, the region is rapidly becoming the new centre of gravity for global energy markets. Such dynamics have made energy security a key policy concern for Asian states. The naval capacities of these countries are also growing swiftly, prompting some analysts to ask whether an arms race has begun. Although no one would suggest that this build-up of naval power is primarily driven by the need to secure energy supplies, the Chinese and Indian governments have identified energy and resource security as one rationale for developing naval power, particularly blue-water capabilities.
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