News Videos
International Edition


May 30, 2017

Breaking News, World News and Taiwan News.
About Us
Contact Us

Gov't to explore oil, gas in South China Sea next year: MOEA

TAIPEI, Taiwan -- The government will be dispatching vessels to explore oil and natural gas resources in the waters around Taiping Island in the South China Sea next year, economic officials said yesterday.

Director-General Jerry Ou (歐嘉瑞) of the Energy Bureau under the Ministry of Economic Affairs (MOEA) said the bureau has earmarked NT$17 million to the MOEA's Bureau of Mine to finance its plan to explore natural resources around Taiwan's southernmost island.

"The exploration project is expected to officially kick off in January 2013," he said during a legislative session in Taipei.

The official said Taiwan relies on imports for more than 98 percent of its energy, and therefore it is a top priority for the government to explore new energy sources around its territories.

Speaking on the same occasion, Tseng Pe-ru (曾佩如) of the Energy Bureau added that the Bureau of Mine will be responsible for carrying out the project.

Her bureau will join hands with the state-run oil refiner CPC Corp., Taiwan (CPC, 台灣中油) to dispatch research teams to conduct tests and take samples on potential oil and gas reserves in waters around the island.

The one-year project is expected to offer Taiwanese authorities a clearer picture of energy sources in the South China Sea, she added.

The two MOEA officials made the comments during a question-and-answer session at the Legislature's Foreign and National Defense Committee yesterday.

Defense Enhancement to Help Exploration

Their remarks came in response to a ruling Kuomintang (KMT) lawmaker's call that the government actively engage in natural resource exploration near the biggest island in the Spratly chain.

According to the KMT's Lin Yu-fang (林郁方), the Taiwan-controlled island recently enhanced its defense capability in September with eight sets of 40 mm autocannons and a number of 120 mm mortars.

The military enhancement is expected to help the government better explore the region, he added.

Taiping Island is the biggest island in the Spratly chain and is currently manned by more than 100 Coast Guard personnel from Taiwan.

The 0.49-square-kilometer island lies about 1,600 kilometers southwest of Kaohsiung in Southern Taiwan.

Mainland China, Vietnam, Malaysia, Brunei and the Philippines also claim all or part of the Spratly archipelago.

1 Comment
December 28, 2012    wfraser@
Interesting. Since China claims all of the Spratlys, the presence of AA guns on one of the islands, and Chinese soldiers is quite unusual.
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive our promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search