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Pouring oil on the East China Sea

Japan has begun planning for the worst. A conflict with China over rich gas deposits in the East China Sea has escalated since late January when two Chinese destroyers entered the area, which has been in dispute for decades. Japan warned China that it would defend its resources there.

The East China Sea is thought to contain up to 100 billion barrels of oil - it is one of the last unexplored high-potential resource areas located near large markets. The development of oil and gas in much of the area has been prevented for decades by the boundary dispute.

Posted on Saturday, February 26 @ 08:13:20 PST by MarkL

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Re: Pouring oil on the East China Sea (Score: 1)
by dense85 on Monday, May 29 @ 17:55:14 PDT
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