While Canadians debate interminably the value of building pipelines to get our energy resources to tidewater, our allies across the Pacific must constantly worry about their own energy insecurity. Japan, for example, is the world's leader in importing liquefied natural gas (LNG), and near the top in crude oil imports as well. South Korea, Australia, and Taiwan are also heavily reliant on oil imports – as is China.
Yet much of these cherished resources must travel through some of the world's most troubled regions in the Middle East and the Western Pacific. Choke points in the Strait of Hormuz and Malacca Strait make the supply of Mideast oil extremely vulnerable to disruption. Refined petroleum products and crude must also travel through the South China Sea. The same can be said of LNG exports from countries like Malaysia, Indonesia, and Australia, which go through the South China Sea before ending up in Northeast Asian markets like Japan, South Korea, Taiwan, and China.
China is already taking action through its "Belt and Road" initiative to secure its energy sources, by building roads, ports and pipelines throughout Eurasia, allowing it to bypass the potential chokepoint at Malacca. It is also building up its military forces in the South China Sea, providing an additional security for its energy supplies transiting the Malacca chokepoint – even as it opens up the means to cut off oil and LNG transit to other countries.
The world needs more Canadian oil, particularly our Pacific allies such as Taiwan, South Korea, Australia, and Japan. Canadian energy is produced by a friendly democracy, and supplies can be easily shipped across the Pacific. Unlike supplies that must traverse vulnerable chokepoints and increasingly militarized seas, Canadian energy exports do not have worrisome national security considerations – security concerns that will likely only increase in the years ahead. By building pipelines and expanding oil experts, Canadians can secure their own prosperity, and help their allies overseas.
To shed light on this issue, MLI is hosting a panel event that will bring together leading thinkers to discuss the geopolitics of energy security and how Canada could play an energy leadership role in the Indo-Pacific.
- Hisashi Ikeda, President and CEO of Mitsubishi Canada
- Robert Cutler, Senior Fellow, Canadian International Council; Senior Researcher, Institute of European, Russian and Eurasian Studies, Carleton University
- Elinor Sloan, Department of Political Science, Carleton University
- James Boutilier, Special Advisor (Policy), Canada's Maritime Forces Pacific Headquarters
- Philip Cross, Munk Senior Fellow, Macdonald-Laurier Institute
- Hiroshi Kuwayama, General Manager, Japan Oil Gas and Metals National Corporation (JOGMEC)
- Date: Thursday, October 4, 2018
- Time: 10 am - 12 pm (Registration starts at 9:30 am)
- Location: The Rideau Club, Main Dining Room, 99 Bank Street, 15th floor (note: there is one specific "Rideau Club" elevator which grants access to the floor)
How can I contact the organizer with any questions?
If you have any questions, please contact Allison at email@example.com.