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Troubled Waters in South China Sea The Energy Angle


Description: Troubled Waters in South China Sea The Energy Angle

Summary

The south China Sea region is estimated to hold large oil and gas reserves. According to a Chinese estimate, the total hydrocarbon reserves in the Spratly Island chain would be around 225 billion barrels of oil equivalent. Of these, 70 percent is estimated to be natural gas, which would amount to 900 trillion cubic feet. The total South China Sea region is expected to have about 2,000 trillion cubic feet of natural gas.

Scope

- GlobalData viewpoints cover the latest events or important trends in the global oil and gas industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the oil and gas industry across the world.

Reasons to Buy

- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the oil and gas industry.
- Gain a strong understanding of the energy market and analyze the major trends in the global oil and gas industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the oil and gas industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events


Contents: 1 Table Of Contents 2
1.1 List of Figures 4
2 GlobalData Viewpoint 5
2.1 Summary 5
3 Troubled Waters In South China Sea: The Energy Angle 6
3.1 Strategic Importance Of The Region 7
3.2 Conclusion 8
4 Recent Developments 9
4.1 Apr 28, 2008: Sinopec Declares Q1 2008 Results 9
4.2 Apr 28, 2008: PetroChina Declares Q1 2008 Results 10
4.3 Apr 23, 2008: China To Reduce Windfall Tax Impose On Oil Producers 11
4.4 Apr 23, 2008: PetroChina To Double Gas Output From Xinjiang Field By 2015 11
4.5 Apr 21, 2008: China Shows Interest In Malaysia Oil Pipeline 12
4.6 Apr 18, 2008: CNPC Begins Construction Of LNG Project In Dalian 12
4.7 Apr 17, 2008: China Discovers 697.4 Bcm Of Natural Gas In 2007 13
4.8 Apr 15, 2008: Kazakhstan To Support China For Developing Oil And Gas Resources In Caspian Sea 13
4.9 Apr 15, 2008: Iraq Says Four Chinese Companies Being Qualified For Oil Contracts 14
4.10 Apr 13, 2008: Sinopec To Begin Geophysical Surveys In Shabwa 15
4.11 Apr 08, 2008: Pacific Asia Wins Chinese Government Approval For Coalbed Methane Contract 15
4.12 Apr 07, 2008: Sinopec Declares 2007 Results 15
4.13 Apr 02, 2008: PetroChina Begins Pipeline Construction For Qinzhou Refinery 17
4.14 Apr 01, 2008: OVL Makes $1 Billion Offer To Develop Oil Blocks In Angola 18
4.15 Mar 31, 2008: Petronas, CNPC In Talks To Explore Myanmar Blocks 18
4.16 Mar 27, 2008: Sinopec Group Increases Gasoline Output To Ease Fuel Supply Shortages 19
4.17 Mar 24, 2008: PetroChina And Sinopec To Maintain Oil Product Supply 20
4.18 Mar 19, 2008: PetroChina Reports 2007 Results 20
4.19 Feb 18, 2008: Xinao Gas Wins Right To Operate Piped Gas Business In Zhaoqing City, Guangdong 21
4.20 Jan 22, 2008: Guangdong Dapeng To Extend Shenzhen Dapeng LNG Project 21
5 Appendix 22
5.1 Methodology 22
5.2 Contact Us 24
5.3 About Us 24
5.4 Disclaimer 25

Executive Summary

1.1 List of Figures
Figure 1: South China Sea Region 7
Figure 2: GlobalData Methodology 22




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