By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Pipeline PulsePipeline Pulse
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Reading: Malaysia Defies China With Offshore Drilling, USA Assume Tank Says
Share
Notification Show More
Latest News
USA Power Consumption Will Develop in 2025
USA Power Consumption Will Develop in 2025
Oil
WTI, Brent Edge Decrease in Uneven Commerce
WTI, Brent Edge Decrease in Uneven Commerce
Oil
India Plans to Spend B on Homebuilt Oil Tanker Fleet
India Plans to Spend $10B on Homebuilt Oil Tanker Fleet
Oil
Analyst Says Trump Primarily Walked Away from Russia-Ukraine Conflict
Analyst Says Trump Primarily Walked Away from Russia-Ukraine Conflict
Oil
Texas RRC Tightens Allowing Guidelines for Permian Disposal Wells
Texas RRC Tightens Allowing Guidelines for Permian Disposal Wells
Oil
Aa
Pipeline PulsePipeline Pulse
Aa
  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast
  • Home
  • Oil
  • Featured
  • Gas
  • Refining & Processing
  • Exploration
  • Pipelines
  • Drilling
Have an existing account? Sign In
Follow US
Copyright © MetaMedia™ Capital Inc, All right reserved.
Pipeline Pulse > Oil > Malaysia Defies China With Offshore Drilling, USA Assume Tank Says
Oil

Malaysia Defies China With Offshore Drilling, USA Assume Tank Says

Last updated: 2024/10/02 at 8:49 PM
8 months ago
Share
Malaysia Defies China With Offshore Drilling, USA Assume Tank Says
SHARE


Malaysia is increasing oil and gasoline exploration within the disputed South China Sea regardless of stress from Chinese language vessels which have maintained a relentless presence in waters the place each side have overlapping claims, in line with a brand new report.

Quick-range coastal monitoring knowledge present that China’s coast guard ships operated in waters claimed by Malaysia “like clockwork,” with no less than one in all its vessels stationed in Malaysia’s unique financial zone or continental shelf space practically on daily basis of the yr, in line with the Washington-based Asia Maritime Transparency Initiative.

“Regardless of the CCG’s efforts, Malaysia has not solely continued its present oil and gasoline manufacturing but additionally expanded exploratory exercise,” in line with the report printed Tuesday. It provides that Chinese language vessels spent most of their time close to Luconia Shoals, a gaggle of principally submerged reefs 80 nautical miles (150 kilometers) northwest of Sarawak state on Borneo that sits between quite a few main Malaysian oil and gasoline initiatives.

- Advertisement -
Ad image

The research comes after the leak of a diplomatic letter weeks in the past wherein Beijing privately urged Malaysia to halt its offshore oil and gasoline actions close to Luconia Shoals, prompting a uncommon public acknowledgment of the long-running dispute from Prime Minister Anwar Ibrahim simply as his authorities seeks to foster deeper financial hyperlinks with China.

“China is a superb pal, however after all we’ve got to function in our waters and safe financial benefit, together with drilling for oil in our territory,” he stated throughout a go to to Russia.

Stretching from the Chinese language mainland and Taiwan right down to Malaysia and Indonesia, the South China Sea is a essential artery for world commerce, together with about 37% of the world’s maritime crude. China has laid declare to an enormous swath of the waters, primarily based on a obscure Nineteen Forties map that has broadly been rejected by different nations and a UN tribunal. 

To claim its expansive claims, China has utilized a maritime militia of fishing fleets and coast guard vessels to swarm useful resource wealthy waters, successfully blocking different claimant nations just like the Philippines and Vietnam from tapping the deposits beneath the floor.

“Whereas China’s presence at Luconia Shoals is steady, it doesn’t come near matching the size of exercise farther north within the Spratly Islands, the place Beijing has deployed dozens of coast guard and a whole bunch of militia ships to contest Philippine actions in disputed waters,” the AMTI report stated. 

“Nonetheless, with Malaysia’s increasing drilling and a possible discount in China-Philippine tensions, Beijing might ratchet up the stress on Malaysian hydrocarbon manufacturing,” it stated.




Generated by readers, the feedback included herein don’t replicate the views and opinions of Rigzone. All feedback are topic to editorial evaluation. Off-topic, inappropriate or insulting feedback shall be eliminated.


MORE FROM THIS AUTHOR




Bloomberg







You Might Also Like

USA Power Consumption Will Develop in 2025

WTI, Brent Edge Decrease in Uneven Commerce

India Plans to Spend $10B on Homebuilt Oil Tanker Fleet

Analyst Says Trump Primarily Walked Away from Russia-Ukraine Conflict

Texas RRC Tightens Allowing Guidelines for Permian Disposal Wells

October 2, 2024
Share this Article
Facebook Twitter Email Print
Previous Article California Meeting Votes Up Invoice for Spare Gas Reserves California Meeting Votes Up Invoice for Spare Gas Reserves
Next Article Oil Costs Ease Amid Rising US Crude Stockpiles Oil Costs Ease Amid Rising US Crude Stockpiles
about us

Pipeline Pulse magazine is a preeminent digital publication in the petroleum industry, with a strong presence in the Middle East. Our esteemed digital publication is dedicated to providing cutting-edge insights on the international oil and gas industry, offering critical analysis of pressing issues and events, along with practical technology for designing, operating, and maintaining oil and gas operations.

Topics

  • Oil
  • Gas
  • Refining & Processing
  • Featured
  • Pipelines
  • Exploration
  • Drilling

Quick Links

  • About Us
  • Advertising Solutions
  • Privacy
  • Terms of Service
  • Podcast

Find Us on Socials

Copyright © Pipeline Pulse™ , All right reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Loading
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?