Oil Companies Shun South Chinese Sea As Geopolitical Tensions Rise
by Tyler Durden
ZeroHedge.com
01/04/2016
The South China Sea is continually paraded as a region rich in oil and gas deposits; however, no one really knows what’s there with any degree of accuracy. Furthermore, these possible deposits are shrouded in conflict that will not abate anytime soon, and will most likely worsen with an intensification of the security competition between China and the United States along with its regional allies, which is tightly related to these disputes. So, what deposits do these areas contain?
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