China drills its own gas, sells the West solar panels
China continues to develop its domestic oil and gas natural resources, while pushing the woke West to scale back oil and gas and instead purchase solar power panels which are manufactured in China.
Astonishingly, the West has willingly fallen into this Unreliable Energy Trap.
This is a soft warfare, which is (so far) being mostly successfully waged by the CCP.
============================
“China National Offshore Oil Corporation (CNOOC) has commenced production from the Shenhai-1 Phase II natural gas development project.
Located in the Qiongdongnan Basin in the northern South China Sea, the project operates at an average water depth of around 900m.
The Shenhai-1 Phase II development comprises a new fixed production platform and three centralised subsea wellheads.
The project has laid out plans to commission a total of 12 development wells.
… “In the future, CNOOC will accelerate the development of new quality productivity of marine energy, and strengthen the exploration and development of deep-water oil and gas resources, thereby further contributing to the high-quality development of China’s offshore oil industry.”
Earlier this month, CNOOC started production at the Liuhua 11-1/4-1 oilfield secondary development project. …”