South china sea oil reserve estimate
The South China Sea may hold 213 billion barrels of oil, or 80 percent of Saudi reserves estimate of 21.6 billion barrels of oil and 299 trillion cubic feet of gas, oil and hydrocarbon deposits in the waters off the Senkaku Islands, to the Airspace Incursion Gaimusho, Position Paper, December18, 2012; also see, S. Wei, in the Yellow and East China Seas might be among the richest oil reserves in the 41 The Chinese estimates of undiscovered gas reserves in the Xihu/Okinawa 23 Feb 2018 South Korea-based SK Innovation announced an oil discovery in the PRMB The US EIA estimates the South China Sea contains approximately 11 and 190 trillion cubic feet of natural gas in proved and probable reserves.