Jan 17, 2011

Huge source of oil, gas found in South China Sea



Chinese geologists have detected 'super-thick' oil and gas-rich strata in the South China Sea and also identified 38 offshore oil and gas basins, a media report said Monday.
The outskirts of Songliao basin in northeast China, Yin'e basin in the north and Qiangtang basin on the Qinghai-Tibet Plateau have rich oil and gas resources, the China Daily quoted Wang Min, vice-minister of land and resources, as having said at a conference in Beijing.
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Source: Beijing News.Net

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