Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

phantom power

(25,966 posts)
Fri May 11, 2012, 03:40 PM May 2012

Cnooc Deploys Oil Rig as Weapon to Assert China Sea Claims

China’s first deep-water drilling rig began operations near islands in the South China Sea in a move to assert Beijing’s territorial claims as travel agencies suspended tours to the Philippines amid safety concerns...

“Large deep-water drilling rigs are our mobile national territory and strategic weapon for promoting the development of the country’s offshore oil industry,” said Wang Yilin, Cnooc’s chairman, according to Xinhua. The rig would help China secure energy resources in the waters, it cited him as saying.

Competition for energy reserves in the sea has increased tensions as countries shun joint development and improve their respective naval capabilities. Chinese vessels have confronted Vietnamese survey ships over the past year and have been locked in a monthlong standoff with Philippine boats over a disputed island in another area of the sea.

http://www.bloomberg.com/news/2012-05-09/cnooc-deploys-oil-rig-as-weapon-to-assert-south-china-sea-claims.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Cnooc Deploys Oil Rig as Weapon to Assert China Sea Claims (Original Post) phantom power May 2012 OP
Subtle pscot May 2012 #1
Latest Discussions»Issue Forums»Environment & Energy»Cnooc Deploys Oil Rig as ...