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http://dx.doi.org/10.7842/kigas.2019.23.1.1

A Study on Natural Gas Cooperation in North East Asia from the Viewpoint of Economic Integration Theory  

Jin, Sang-Hyeon (School of Public Administration, Kyungpook National University)
Heo, Seong-Yeop (Shintaeyang Energy Corporation)
Publication Information
Journal of the Korean Institute of Gas / v.23, no.1, 2019 , pp. 1-11 More about this Journal
Abstract
The Korean government has tried to introduce pipeline natural gas from Russia, instead of liquefied natural gas from Middle East Asia since 1990s. While this energy cooperation in North East Asia has been discussed in real politics and academic societies, the previous studies have shown the limits on policy implication because they just suggest necessity and possess the problems of weak theoretical frameworks. Therefore, this study tries to analyze the motivations, conditions, and stages for energy cooperation in this region from the viewpoint of economic integration theory. As a result of analysis, these countries in North East Asia have only one motivation, namely economic interest. On the contrary, they have several conditions including real benefit, complementation in economic structures, and convergence in policy goals. In conclusion, this study suggests that low level cooperation such as preferential trade agreement in the field of natural gas is possible and necessary in North East Asia.
Keywords
energy cooperation; pipeline natural gas; preferential trade agreement; free trade agreement;
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