Zhengwei Ma
China University of Petroleum, China
Title: The development of oil and gas industry in “The Belt and Road†initiative
Biography
Biography: Zhengwei Ma
Abstract
“The Belt and Road”, which means “the Silk Road Economic Belt and the 21st-Century Maritime Silk Road”, was put forward by Chairman Xi Jinping. It is a significant breakthrough to develop the theory and practice of opening to the outside world in China. Accelerating the development of oil and gas industry is one of the important contents of “the Belt and Road” initiative. It intends to promote the trade with countries along “the Belt and Road”, increase investments and improve the degree of Chinese energy security. This paper tends to explore the opportunities and challenges that oil and gas industry has been facing by analyzing the backgrounds, influences and risks of oil and gas industry development in “the Belt and Road” initiative, and then provide countermeasures for the development of oil and gas industry in China and countries along “the Belt and Road”.