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U.S. report details rich resources in South China Sea
Topic Started: Feb 10 2013, 06:52 PM (1,030 Views)
spraret
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2013/02/09 20:29:23

Washington, Feb. 8 (CNA) The South China Sea, with its potential as a rich source of hydrocarbons, is locked in territorial disputes among neighboring countries, a United States government agency said recently in a report.

There are approximately 11 billion barrels of oil reserves and 190 trillion cubic feet of natural gas reserves in the South China Sea, according to the report by the U.S. Energy Information Administration (EIA) dated Feb. 7.

It also cited a report by the Chinese National Offshore Oil Company in November 2012 that said there are around 125 billion barrels of oil and 500 trillion cubic feet of natural gas in undiscovered resources in the area, but the EIA added that independent studies have not confirmed that estimate.




http://focustaiwan.tw/ShowNews/WebNews_Detail.aspx?Type=aIPL&ID=201302090013
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Hong Nam
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Bought by China

11 July 2013
Energy Cooperation in the South China Sea

Does China covet the disputed energy reserves of the South China Sea? Only for their symbolic value, argues the CSS’s Jonas Grätz. The disputes over ownership and access enable Beijing to whip up nationalist sentiments and to promote its broader geostrategic interests.

By Jonas Grätz for the ISN

http://www.isn.ethz.ch/Digital-Library/Articles/Detail/?lng=en&id=165876



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Constructions Mecaniques de Normandie - C Sword 90



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