100 million tons: China discovers huge oil deposit in the South Sea

by Andrea
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100 million tons: China discovers huge oil deposit in the South Sea

100 million tons: China discovers huge oil deposit in the South Sea

Field test drills produced 413 barrels of raw and 68,000 cubic meters of natural gas per day.

Chinese oil company CNOOC discovered an important oil field in the east of the Southern Sea of ​​China, with proven reservations of More than 100 million tonsthe state press said Monday.

According to the Chinese official news agency, the identified field, Huizhou 19-6, is about 170 kilometers from the city of Shenzhen in the south of the country.

Test drills produced 413 barrels and 68 thousand cubic meters of natural gas per dayaccording to the same source. Proven oil reservations, ie the amount of hydrocarbons whose recovery can be estimated almost certainly using current techniques, ascend to more than 100 million tons, according to the information cited by Xinhua.

This is also “the first large-scale classic oil field of the country discovered in deep to ultra-proof,” said CNOOC.

The underground of the Southern Sea of ​​China is large territorial disputesbut most known oil and gas deposits are in non-contested areas, according to US energy information administration.

Beijing claims the sovereignty of almost the whole sea, over which the Philippines, Malaysia, Vietnam, Indonesia and Brunei also have claims.

China said last year being prepared to “resolutely any form of independence from Taiwan.” Vietnam, for example, has accused the Chinese government of violating Vietnamese sovereignty in so -called territories. In fact, several disputes between military from both countries have taken place on the high seas.

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