出版社：The International Institute for Science, Technology and Education (IISTE)
摘要：Demand for crude oil and natural gas in the Asian region has increased over the past few years at a rate of 1.3% during 2000-2012 and the demand for natural gas is likely to increase at an average annual growth rate of 6.8% during 2009-2020. Scarcity of resources forced many Asian National Oil Companies (ANOCs) to explore the opportunities in various corners of the world looking for prospective lands and partnerships which led them to aggressively invest in global acquisition of oil and gas assets. This paper deals with the strategies adopted by the ANOCs to secure their energy needs and conducts an in-depth analysis of Asian Oil and Gas industry. It also analyses the investments, mergers & acquisitions and growth strategies of major ANOCs. Results of the study show that increasing domestic needs have driven ANOCs’ decision to expand overseas. It can be concluded that acquiring of assets internationally will play a prominent role in ANOCs’ future operations.
