China to restrict new projects in Bohai Bay

摘要

Singapore-Fallout from oil spills in fields operated by ConocoPhillips offshore China continue to spread, with indications arising this week that the government could put new limits on petroleum and other industrial development in Bohai Bay. China's cabinet on September 7 expressed concerns over environmental safeguards for the area in the wake of the oil leaks discovered in the Penglai 19-3 field in June. The government will limit new oil and petrochemical projects in the area and ban any reclamation projects that could harm the ecological environment, the State Council said in a statement after a meeting chaired by Premier Wen Jiabao.