CIS Microfiche Library 1970-2002 (CIS Asia Pacific Collection)

 CIS NO: 84-H361-46
 TITLE: China's Offshore Oil Development and the Energy Security of the
     Pacific Rim.
 SOURCE: Committee on Energy and Commerce. House
 DOC TYPE: Hearing                   COLLATION: iii+182 p.
 DATE: Feb. 28, 1984
 CONGRESS-SESSION: 98-2              SUDOC: Y4.En2/3:98-101
 ITEM NO: 1019-A; 1019-B
 LC CARD NO: 84-602842               MC ENTRY NO: 84-20120

 Committee Serial No. 98-101. Hearing before the Special Subcom on U.S.
 Trade with China to examine U.S. business involvement in developing People's
 Republic of China (PRC) offshore oil and gas resources.
   Also examines East Asian conflicts arising from disputed boundaries in
 territorial waters containing oil reserves.
 CONTENT NOTATION: China offshore oil and gas exploration and dev; East Asia
     offshore oil jurisdiction disputes
 DESCRIPTORS (and special content notations): SUBCOM ON U.S. TRADE WITH
     CHINA, SPECIAL. HOUSE; CHINA, PEOPLE'S REPUBLIC (Offshore oil and gas
     exploration and dev; East Asia offshore oil jurisdiction disputes);
     ASIA (East Asia offshore oil jurisdiction disputes); TERRITORIAL
     WATERS (East Asia offshore oil jurisdiction disputes); PETROLEUM AND
     NATURAL GAS IN SUBMERGED LANDS; NATURAL GAS AND GAS INDUSTRY (China
     offshore oil and gas exploration and dev); CORPORATIONS (China
     offshore oil and gas exploration and dev, US businesses involvement);
     INTERNATIONAL.RELATIONS (East Asia offshore oil jurisdiction disputes)

 84-H361-46 TESTIMONY NO: 1         Feb. 28, 1984 p. 2-9
 WITNESSES (and witness notations):
     HARDT, JOHN P. (Assoc Dir and Sr Specialist, CRS)
 STATEMENT: Prospects for offshore oil development in PRC political
     situation.
 CONTENT NOTATION: China offshore oil and gas exploration and dev
 DESCRIPTORS: CONGRESSIONAL RESEARCH SERVICE

 84-H361-46 TESTIMONY NO: 2         Feb. 28, 1984 p. 9-71
 WITNESSES (and witness notations):
     HOLLAND, DAVID S. (sr vp, exploration, Pennzoil Exploration and
        Production Co)
     RAVESIES, PAUL (pres, ARCO Intl Oil and Gas Co)
     FISCHER, MEL H. (exec vp, Occidental Exploration and Production Co)
 STATEMENTS AND DISCUSSION: Description of PRC offshore oil and gas
     resources in South China Sea and Yellow Sea (related maps, charts, p.
     30-41); assessment of potential oil production from PRC offshore areas;
     overview of negotiations between U.S. companies and PRC Government since
     1978 for oil and gas exploration and development contracts.
       Adequacy of Overseas Private Investment Corp. insurance on foreign
     investments in light of PRC operations risks.
 CONTENT NOTATION: China offshore oil and gas exploration and dev
 DESCRIPTORS (and special content notations): ATLANTIC RICHFIELD CO.;
     INSURANCE (China offshore oil and gas exploration and dev, Overseas
     Private Investment Corp risk insurance); FOREIGN.INVESTMENTS; OVERSEAS
     PRIVATE INVESTMENT CORP. (China offshore oil and gas dev risk
     insurance); NEGOTIATIONS (China offshore oil and gas exploration and
     dev, US cos contracts); GOVERNMENT.CONTRACTS.AND.PROCUREMENT (China
     offshore oil and gas exploration and dev, US cos contracts); SOUTH
     CHINA SEA; YELLOW SEA; PENNZOIL EXPLORATION AND PRODUCTION CO.;
     OCCIDENTAL EXPLORATION AND PRODUCTION CO.

 84-H361-46 TESTIMONY NO: 3         Feb. 28, 1984 p. 71-124
 WITNESSES (and witness notations):
     LEAR, WILLIAM S. (sr vp; head, worldwide energy and minerals group,
        First Natl Bank of Chicago)
     GOODWIN, ROBERT C., JR. (vp and gen counsel, China Energy Ventures,
        Inc)
 STATEMENTS AND DISCUSSION: Role of First Chicago financing in development
     of PRC offshore oil reserves; complexities of PRC law governing U.S.
     businesses participation in oil projects, including legal requirements
     for joint ventures with PRC companies; examination of foreign banks
     involvement in exploration and development of PRC offshore oil.
 CONTENT NOTATION: China offshore oil and gas exploration and dev
 DESCRIPTORS (and special content notations): FIRST NATIONAL BANK OF
     CHICAGO; FOREIGN.LAWS (China oil dev projects, laws governing US
     businesses participation); COMMERCIAL LAW (China oil dev projects,
     laws governing US businesses participation); FOREIGN.CORPORATIONS;
     BANKS AND BANKING (China offshore oil and gas exploration and dev,
     foreign banks role); FOREIGN.LOANS; FOREIGN.INVESTMENTS; CHINA ENERGY
     VENTURES

 84-H361-46 TESTIMONY NO: 4         Feb. 28, 1984 p. 124-182
 WITNESSES (and witness notations):
     MCCORMACK, RICHARD T. (Asst Sec, Economic and Business Aff, State
        Dept)
     WHITING, ALLEN S. (prof, political science; dir, Center for East Asian
        Studies, Univ of Ariz)
     HARRISON, SELIG S. (sr assoc, Carnegie Endowment for Intl Peace)
 STATEMENTS AND DISCUSSION: Implications of PRC energy exploration and
     development for U.S. interests; analysis of disputed claims to
     territorial waters containing oil reserves in East Asia; explanation of
     disputes between PRC, Japan, and Taiwan over offshore boundaries in East
     China Sea; outlook for settlement of conflict between Taiwan and PRC;
     recommendations for U.S. policy concerning disputes in East Asia.
 CONTENT NOTATION: China offshore oil and gas exploration; East Asia
     offshore oil jurisdiction disputes
 DESCRIPTORS (and special content notations): CARNEGIE ENDOWMENT FOR
     INTERNATIONAL PEACE; DEPARTMENT.OF.STATE; CLAIMS (East Asia
     territorial waters containing oil reserves, claims disputes); JAPAN
     (Offshore oil jurisdiction dispute with China); TAIWAN (Offshore oil
     jurisdiction dispute with China); FOREIGN.RELATIONS (East Asia
     territorial waters disputes, US policy recommendations); EAST CHINA SEA