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2016 Energy Security Workshop
"Oil and Gas for Asia" Revisited: Asia’s Energy Security amid Global Market Change
On July 8, 2016, the National Bureau of Asian Research and the Woodrow Wilson International Center for Scholars co-hosted NBR’s twelfth annual Energy Security Workshop, “’Oil and Gas for Asia’ Revisited: Asia’s Energy Security amid Global Market Change.”
The recent dramatic shifts in global energy markets carry a number of important implications for Asia’s energy security. Some countries have embraced abundant supplies and lower prices as an opportunity to enact much-needed policy reforms and improve trade balances. For others, the current outlook has had profoundly negative economic implications, which in turn could increase regional concerns about political stability. Given the predominance of oil-linked LNG contracts in Asia, these changes also have potentially significant yet ambiguous implications for efforts to advance a “golden age of gas” and encourage transitions to lower-carbon sources of energy more broadly.
With these concerns in mind, the 2016 Energy Security Workshop examined:
- How lower prices have impacted the global oil supply and demand outlook and how this is impacting the supply security of the region’s major oil importers
- Asia’s key supply and geopolitical uncertainties, including prospects for sustaining the region’s longer-term goal of diversifying its oil import sources geographically
- What “lower for longer” oil prices might mean for LNG prices and efforts to spur natural gas consumption in Asia, reduce coal use, and advance post-Paris climate ambitions
- Implications for the United States and the Asia-Pacific
Speakers
Speakers included:
Edward C. Chow , Center for Strategic and International Studies
Clara Gillispie, The National Bureau of Asian Research
Antoine Halff , Center on Global Energy Policy, Columbia University
Mikkal E. Herberg , The National Bureau of Asian Research
J. William Ichord, International Business Consultant
Ken Koyama, The Institute of Energy Economics, Japan
Michael Kugelman, Woodrow Wilson International Center for Scholars
Melanie Nakagawa, Department of State, United States
Meghan L. O’Sullivan, Kennedy School of Government, Harvard University
Leslie Palti-Guzman, The Rapidan Group
Laura Schwartz, The National Bureau of Asian Research
Masayuki Tanimoto, Japan Bank for International Cooperation
Mark Thurber, Stanford University
Nikos Tsafos, enalytica
Event Sponsors
Asian Development Bank
Chevron
ConocoPhillips
ExxonMobil
Hanyang University, Center for Energy Governance & Security
Korea Energy Economics Institute
Agenda and Photo Gallery
Reflections on the Discussion
Workshop speaker Ken Koyama, Institute of Energy Economics, Japan (IEEJ), published his reflections on the discussion in an IEEJ Special Bulletin: Asia’s Energy Security Outlook.
Event Co-Hosts
