Oil and Gas in the East China Sea: Maritime Boundaries, Joint Development and the Rule of Capture
Article from: OGEL 5 (2012), in China Energy Law and Policy
Introduction
The People's Republic of China and Japan critically need to develop indigenous resources to reduce dependence on oil and gas imports. The East China Sea, which is considered to be highly prospective in oil and gas, may be capable of significantly assisting both states in addressing this concern. Nevertheless, a protracted dispute between the states over the delimitation of maritime boundaries in the East China Sea has impeded exploration and production. China claims that it is entitled to the entire East China Sea continental shelf that extends eastward to the axis of a deep ...