Large shallow gas in South China Sea

Aug 08, 2024

Current Affair 1:

News:

China just discovered a major gas field in South China Sea. This new find, described as the world’s first “ultra-shallow gas field in ultra-deep waters”, is estimated to contain more than 100 billion cubic metres (bcm) of natural gas, according to China’s state media.

The discovery adds to China’s already substantial reserves of gas in the South China Sea, which, together with other offshore fields, have now surpassed the trillion-cubic-metres mark.

However, the South China Sea, known for its rich deposits of hydrocarbons, has also been a focal point of intense territorial disputes involving several countries.

China’s claim to almost the entirety of the South China Sea, demarcated by the so-called “nine-dash line”, overlaps those of Vietnam, the Philippines, Malaysia, Brunei, and Taiwan.

 

 

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