China Japan Gas Deal
On June 18, 2008, China and Japan announced that they had reached a conclusion to negotiations underway since May 2008.
The "principled consensus" outlines a plan for joint development of gas fields in the East China Sea.1
Fast Facts
- Negotiations had been underway since May 2008
- Agree to jointly develop the Chunxiao gas field
- Called the Shirakaba gas field in Japan
- Located in the East China Sea
- Japan had argued that the maritime economic zone marked the boundary between the two countries
- This would split the disputed gas fields in half
- China maintains that their territory extends to the end of the continental shelf
- No statement was made on three neighboring fields, still under dispute
- Agreement has sparked protests in Beijing
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