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China’s new oil position
OPEC, upstream investors and refiners all face strategic shifts now the Asian behemoth is no longer the main engine of global oil demand growth
Explainer: Inside China’s crude oil stockpiling black box
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China Cambodia Thailand
James Gavin
13 March 2020
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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

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