"The Ultimate Strategy for Surviving the Intensifying Energy War"
Threatening everything from economic stability to national security and world order.
Clear insights and suggestions that penetrate the hottest 'energy issue' today!

*** A comprehensive look at energy geopolitics that will shake up markets, industry, and investment.
*** Former President of Korea National Oil Corporation, Korea's top energy expert
*** Key player in the success of the Myanmar gas field, Korea's best resource development case

Trump threatens tariffs on countries that don't import US oil and gas.
"A second withdrawal from the Paris Agreement is expected... Trump reverses Biden's climate and energy policies."
"Up to 5.1 billion barrels of additional oil reserves in the East Sea have been announced… Will more gas and oil discoveries occur?"

The global environment surrounding the energy industry is facing the greatest upheaval in history.
In a situation where human activities that emit carbon, such as oil, are threatening the survival of humanity, the entire world seemed to be responding to climate change together by focusing on carbon reduction.
However, following the shock of Russia's invasion of Ukraine in 2022, the issue of energy security, which involves securing stable energy, is being raised in a strong manner amidst protectionism that weaponizes resources and increasing energy demand.
We are faced with a complex situation of seemingly sharp conflict surrounding energy hegemony, which affects everything from a country's economic stability to national security and world order.


"The World Energy Hegemony War" quickly grasps the reality of this contradictory situation and presents a powerful solution using the most relevant keyword of the times: "survival."
Dr. Yang Soo-young, a bestselling author of economics and management and Korea's top energy expert, served as the president of Korea National Oil Corporation and a visiting professor at Seoul National University. He also played a leading role in discovering and leading the Shwe (Golden) gas field project in Myanmar, the largest in Korean resource development history, to production at Daewoo International (now POSCO International). He is a renowned expert recognized across both the field and academia.
The author not only presents a panoramic view of the fierce battle for wealth, where the greatest resources, technologies, and powers of the time clashed throughout human history, but also offers compelling suggestions for shaping the fate of the Korean economy through scientific data and objective political analysis.

Venezuela, where oil accounted for 90 percent of the country's exports and was its main source of income, has been the first to implement measures to maximize domestic profits from oil production.
The Venezuelan government passed an amendment to the Petroleum Act in 1943 that gave the governments of oil-producing countries 50 percent ownership, insisting on a 50-50 policy whereby oil companies and oil-producing countries would share in the profits.
…Accordingly, the total income of the Venezuelan government increased by a whopping six times in 1948 compared to 1942.
--- p.53, 「Part 1.
From "Oil Wars"

Oil buried underground is not continuously produced, but is limited.
Despite the shale revolution in the United States since 2010, the growth trend in proven oil reserves has slowed noticeably.
If demand steadily increases but supply cannot keep up, oil prices will inevitably rise due to an imbalance in supply and demand.
Although Canada's oil sands are not yet competitive, oil sands development will become more active in an era of high oil prices.
--- p.91, 「Part 1.
From "Oil Wars"

It was mentioned that the first and second oil crises in the 1970s caused the entire world to suffer from energy shortages and experience a severe economic recession.
Energy importing countries have become wary that they cannot rely solely on oil, which is under the strong influence of Middle Eastern oil-producing countries.
The use of natural gas as a fuel for heating, cooking, power generation, and other purposes has increased in place of petroleum, and as a result, gas field exploration has begun to be pursued as actively as oil fields.
In addition, a construction boom for nuclear power plants occurred, especially in developed countries, and research and development on renewable energy sources such as solar power, wind power, and biofuels were also actively conducted.
--- p.98, 「Part 2.
From "Natural Gas War"

Until now, LNG facilities could only be built on land, so in the case of offshore gas fields, gas pipelines had to be built to the LNG plant on land.
However, recently, floating LNG technology that liquefies directly at sea has been developed, making it possible to produce LNG directly from gas fields far offshore.
As a result, many previously undeveloped offshore gas fields were developed, stimulating the supply of natural gas around the world and leading to rapid growth in the global gas market.
--- p.100, 「Part 2.
From "Natural Gas War"

Renewable energy and nuclear power can only produce electricity, so they only provide a small portion of the energy we need. Furthermore, as mentioned earlier, electricity produced by renewable energy and nuclear power cannot be exported to other countries that are not connected to the power grid.
Therefore, even if a power powerhouse can produce large amounts of electricity through renewable energy and nuclear power, it cannot enjoy energy hegemony like the oil-producing countries of the Middle East.
Because, unless the power grid is connected, no matter how much electricity is produced, it can only be consumed within the country or region.
Therefore, in the era of climate change, a new era of hegemony will not be ushered in by an energy transition through the expansion of renewable energy and nuclear power.
--- p.161, 「Part 3.
From "Carbon War"

Considering that eco-friendly hydrogen, which is attracting attention as a carbon-reducing energy source, will not even reach 1 percent of final energy consumption by 2050, it seems difficult for the hydrogen era to open in the future or for hydrogen to play a leading role in the future energy source that replaces fossil fuels.
Therefore, even if a country produces a lot of eco-friendly hydrogen, it will not be able to play a role in determining the energy hegemony.
Daniel Yergin, the author of several bestselling books on energy, argued in his book New Map that one of the new energy sources is hydrogen, which can meet more than 10 percent of total energy demand.18 However, considering the current state of hydrogen and the forecast of the International Energy Agency, the 10 percent he mentioned seems to be a vague estimate of the future of hydrogen that is far from reality.
--- pp.171-172, 「Part 3.
From "Carbon War"

Exports to China, which accounted for the largest portion of our country's petrochemical product exports, are noticeably decreasing.
China's share, which reached 48.8 percent in 2010, gradually decreased to 42.9 percent in 2020, and then fell significantly to 36.3 percent in 2023.
Not only has exports to China decreased, but there are also concerns that the recession may be prolonged due to oversupply of petrochemical products as Chinese petrochemical products enter the global market.
--- p.236, 「Part 4.
From "Survival War"

Recently, the possibility of discovering an enormous amount of oil, 14 billion barrels in the East Sea, was announced, which is surprising, but at the same time, it is fortunate that deep-sea exploration in the East Sea is continuing.
...
The sedimentary layer of the East Sea of ​​Korea is not a Cretaceous layer of the Mesozoic era that produced a huge amount of oil like Guyana in South America, but a Tertiary layer of the Cenozoic era, so in terms of source rock, there is a greater possibility that a gas field exists rather than an oil field.
Although the likelihood of a large-scale oil discovery is low given the source rock potential, several gas fields have been discovered since the discovery of a large gas field in 2009 in the deep sea of ​​Israel, which is composed of Tertiary strata like the East Sea.
There is a good chance that we will discover a gas field of a considerable size in the deep sea of ​​our country's East Sea, so we must carefully review the data and continue to actively explore promising areas.
--- p.258, 「Part 4.
From "Survival War"

The reason energy geopolitics is important is that the battle over energy is moving beyond a war for hegemony to a war for survival.
Previously it was just a struggle for hegemony, but now it is a matter of survival.
This is because securing energy has become a factor that has a significant impact on a country's politics, economy, and security.
Therefore, we must view all of these from a survival perspective, including energy security through energy acquisition, carbon reduction, energy conservation, and expansion of renewable energy, and actively implement them.
There is a future when we do what we have to do.

--- p.227, 「Part 4.
From "Survival War"