An Oil and Gas Boom for Southeast Asia ?

“The Financialist” ( a creation of Credit Suisse, apparently) has an article on the competition for south east Asia’s offshore oil reserves – An Oil and Gas Boom for Southeast Asia?. Weirdly it’s published as one large image…

4 Comments on "An Oil and Gas Boom for Southeast Asia ?"

BillT on Thu, 17th Oct 2013 4:08 pm 



Potential does not make reality.

rockman on Thu, 17th Oct 2013 6:07 pm 



Bill – That’s true but little by little some of that potential is being proved. I haven’t tried to track the details but there have been a string of significant offshore discoveries from Thailand to Viet Nam. Again, not sure of the total magnitude yet but a lot of drilling capital being spent. In addition to what reserves are being developed there’s been a healthy push towards increases in refining and storage infrastructure in the region.

tim on Sat, 19th Oct 2013 2:49 am 



one word Typhoon

Edward on Sat, 26th Oct 2013 4:01 am 



Unfortunately, the news media is part of the problem, referring to that particular body of water as the “South China Sea.” This is a gross error. It should be called “West Philippine Sea,” at least the half of it which is inside the Philippines’ 200 mile exclusive economic zone.