Sou Hu Cai Jing·2025-09-19 10:37Core Insights - The South China Sea is estimated to have oil reserves exceeding 29.2 billion tons, surpassing some Middle Eastern countries like Iraq and Kuwait [2][5] - The region is rich in diverse resources, including 4 trillion cubic meters of natural gas and combustible ice equivalent to 19.4 billion tons of oil [5] - The South China Sea is crucial for China's energy security, potentially reducing reliance on Middle Eastern oil imports [15] Resource Potential - The South China Sea covers an area of 3.5 million square kilometers and contains 37 sedimentary basins, making it China's largest marine oil and gas storage area [4] - There are over 250 oil and gas fields beneath the sea, contributing significantly to global oil reserves [4] Development Challenges - Historical context shows that since the 1970s oil crisis, countries have focused on marine resources, with China gradually exploring the South China Sea [7] - The development of oil and gas resources is complicated by territorial disputes with neighboring countries like Vietnam, the Philippines, and Malaysia [7][9] Strategic Development - China's strategy in the South China Sea emphasizes steady progress and technological advancement, with significant discoveries in deep-water areas [9] - By 2030, it is projected that marine oil production could account for over half of China's total output, contingent on resolving territorial disputes [9] Infrastructure and Local Development - Sansha City, established in 2012, plays a key role in resource protection and development in the South China Sea [11] - Infrastructure improvements in Sansha, including waste treatment and transportation facilities, have enhanced living conditions for residents [13][15] Future Outlook - The South China Sea's oil and gas resources are vital for balancing China's energy supply and reducing import risks [15] - Continued international cooperation is necessary to avoid geopolitical conflicts while maximizing resource development [15]