Beijing maintains expansionist tendencies
China has not lost its interest in oil and gas assets around the South China Sea
China has not been distracted from its assertive agenda in the South China Sea despite its domestic focus on combating Covid-19. It continues to deploy oil and gas vessels and military muscle to bolster its position in the strategically vital region. The major focus of China’s obstructive role in the area is where its claims overlap with both Malaysia and Vietnam, neither particularly friendly towards Beijing. Malaysian national oil company (NOC) Petronas is exploring in blocks ND1 and ND2, which are in waters also claimed by the Vietnamese and within China’s so-called nine-dash line boundary. The Chinese elbowing into the bilateral dispute is described by US-based thinktank the Asia Mari

Also in this section
23 May 2025
LNG projects need the certainty of long-term contracts, but Henry-Hub–linked deals put buyers at significant risk
22 May 2025
Industry says compliance is near-impossible and have called for more clarity to prevent cargoes being redirected
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections