LYCOS RETRIEVER
China: South China
built 658 days ago
American citizens in south China are advised to be aware of their surroundings and remain alert to possible threats. Americans living or traveling in China are encouraged to register with the U.S. Consulate General in Guangzhou through the State Department's travel registration website, https://travelregistration.state.gov/. By registering, American citizens make it easier for the Consulate to contact them in case of emergency.
Source:
Recently, Sri Lanka allocated an exploration block in the Mannar Basin to China for petroleum exploration. This allocation would connote a Chinese presence just a few miles from India's southern tip... causing strategic discomfort. In economic terms, it could also mean the end of the monopoly held by Indian oil companies in this realm, putting them into direct and stiff competition from Chinese oil companies. At Hambantota, on the southern coast of Sri Lanka where Beijing is building bunkering facilities and an oil tank farm. This infrastructure will help service hundreds of ships that traverse the sea lanes of commerce off Sri Lanka. The Chinese presence in Hambantota would be another vital element in its strategic circle already enhanced through its projects in Pakistan, Myanmar and Bangladesh.
Source:
Newfield's other new Production Sharing Contract covers Block 22/15, a 5,228 square kilometer (nearly 1.3 million acres) area, located in the Beibuwan Basin, northwest of Hainan Island in southern China. The contract has an exploration term of seven years, with an exploration well commitment in the first three years.
Source: