THE NEW GEOPOLITICS IN THE MIDDLE EAST THE U.S. AND CHINA'S COMMON INTERESTS IN A REGIONAL PEACE
Data Source: BP Natural Gas World Trade
EIA forecast for U.S. Energy U.S. crude oil production Millions barrels per day U.S. dry natural gas production Trillion cubic fit
The change in oil demand: from West to East Middle East oil export by destination Source: IEA WOA 2012
China Forecast for oil demand growth Change in oil demand Source: IEA WOA 2013 China's growing transportation sector Source: Argonne National Library
Data Source: IEA, EIA, BP and various sources Middle East Oil and Gas Transportation MENA’s share of China and U.S. oil imports of total consumption (MB/D) 11.8% of % of 10.3
U.S. and China on MENA "…You could not make plans in the Middle East or involving Middle East crises, without keeping in mind the considerations of the oil market … but that is now changing substantially … narrowing the gap between supply and demand in North America, that is now of huge strategic consequences“ Henry Kissinger October 16, 2013 "Maintaining peace and stability in the Middle East is also a common interest of both countries. There is a great deal both countries can achieve through cooperation, which will help bring about the balanced development of the world economy and global geopolitical stability“ Wu Sike, China's special envoy to the Middle East February 12, 2013
The Institute for Structural Reforms The new geopolitics in the Middle East