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On Joint Development of Oil and Gas Resources in Disputed Waters of South China Sea
Author(s): 
Pages: 8-14
Year: Issue:  6
Journal: Humanities & Social Sciences Journal of Hainan University

Keyword:  South China Seadisputed wateroil and gas resourcejoint development;
Abstract: For the development of oil and gas resources in disputed waters of South China Sea,China put forward the initiative of shelving disputes and carrying out joint development,which has achieved very little in practice though winning the wide recognition of different parties. Such issues as subjects of disputes,claims for rights and disputed waters should first be clarified so as to jointly develop the oil and gas resources in disputed waters.The main obstacles in joint development of oil and gas resources in the disputed waters of South China Sea lie in the unclear claims for the rights of South China Sea among the parties of disputes,the issues of legitimacy about the claims of rights,and the undefined scope of disputed waters. Therefore,the parties of disputes are supposed to further clarify the claims of rights,make their own claims meet the principles and rules of international laws,and reach consensus for disputed waters by goodwill negotiation. Only by this can the bottleneck problem in joint development of oil and gas resources in disputed waters of South China Sea be solved and joint development agreements eventually be reached.
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