Petroleum Science >2016,??Issue 4:??788-804 DOI: https://doi.org/10.1007/s12182-016-0120-7
The potential of domestic production and imports of oil and gas in China: an energy return on investment perspective Open?Access
文章信息
作者：Zhao-Yang Kong,Xiu-Cheng Dong,Qian Shao,Xin Wan,Da-Lin Tang and Gui-Xian Liu
作者單位：
School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China;School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China;School of Business, Tianjin University of Finance and Economics, Tianjin 300222, China;Tangshan Iron and Steel Group Co., Ltd, Tangshan 261000, China;China Petroleum Enterprise Association, Beijing 100724, China;School of Business Administration, China University of Petroleum (Beijing), Beijing 102249, China
投稿時(shí)間：2016-03-07
引用方式：Kong, ZY., Dong, XC., Shao, Q. et al. Pet. Sci. (2016) 13: 788. https://doi.org/10.1007/s12182-016-0120-7
文章摘要
Concerns about China’s energy security have escalated because of the country’s high dependency on oil and gas imports, so it is necessary to calculate the availability of domestic oil and gas resources and China’s ability to obtain foreign energy through trade. In this work, the calculation was done by using the energy return on investment (EROI) method. The results showed that the EROIstnd (i.e., standard EROI) of China’s oil and gas extraction decreased from approximately 17.3:1 in 1986 to 8.4:1 in 2003, but it increased to 12.2:1 in 2013. From a company-level perspective, the EROIstnd differed for different companies and was in the range of (8–12):1. The EROI2,d (EROI considering energy outputs after processed and direct energy inputs) for different companies was in the range of (3–7):1. The EROI of imported oil (EROIIO) declined from 14.8:1 in 1998 to approximately 4.8:1 in 2014, and the EROI of imported natural gas (EROIING) declined from 16.7:1 in 2009 to 8.6:1 in 2014. In 2015, the EROIIO and EROIING showed a slight increase due to decreasing import prices. In general, this paper suggests that from a net energy perspective, it has become more difficult for China to obtain oil and gas from both domestic production and imports. China is experiencing an EROI decline, which demonstrates the risk in the use of unsustainable fossil resources.
關(guān)鍵詞
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EROI · Oil and gas extraction · Imported oil · Imported natural gas · China