ABC Money
Home

China, Japan agree to talks on disputed gas field


Published :
Thu, 06 Sep 2007 15:13
By : Agencies
Print this Story


AddThis Social Bookmark Button

SYDNEY (Thomson Financial) - Japan and China have agreed to hold further talks on proposed joint exploration of a disputed natural gas field in the East China Sea, a Japanese official said.

Japanese Foreign Minister Nobutaka Machimura and his Chinese counterpart Yang Jiechi agreed that senior officials should discuss the proposal in Beijing on Sept 21, foreign ministry spokesman Mitsuo Sakaba told reporters.

Tokyo accuses Beijing's state-run companies of 'unilaterally' exploring for hydrocarbon deposits, primarily natural gas, along an undersea field that covers the sea border of the two Asian powers.

'This issue has been a point of major conflict between China and Japan,' Sakaba said, adding that Tokyo had proposed joint exploration.

Japanese Prime Minister Shinzo Abe and his Chinese counterpart Wen Jiabao had agreed during Wen's visit to Tokyo in April to hold consultations on the issue to try to seek a compromise position, the spokesman added.

'We agreed this time to have the next senior official-level consultation on the 21st of September,' Sakaba said.

'The two foreign ministers expressed the political will to make maximum efforts to produce a political result, meaning some common solution,' he added.

Sakaba said Tokyo wanted the two countries to focus more on the conclusion of the issue before the visit of the Japanese premier to China later in the year.

tf.TFN-Europe_newsdesk@thomson.com

ejp/jr

COPYRIGHT

Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.




Share on


 You Might Like
Japan official says ties with China 'better than ever'
PetroChina begins trial ops at Dagang Chenghai oil field - report
+
Japan, US, Australia may hold first summit

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
13448.86
+91.12 ( 0.68 %)
NASDAQ
2630.24
+33.88 ( 1.30 %)
FTSE 100
6313.40
-50.50 ( -0.79 %)

SYMBOL ( 2007-09-28 )
LAST
CHANGE
LONMIN ( 11:35am )
3649.00
+251.00 ( 7.28 %)
CARNIVAL ( 11:35am )
2374.00
+157.00 ( 7.07 %)
ANGLO AMERICAN ( 5:16am )
3259.99
+80.99 ( 2.55 %)
RIO TINTO ( 11:35am )
3528.00
+65.00 ( 1.89 %)
ALLIANCE & LEICESTER ( 11:35am )
795.00
+62.00 ( 8.34 %)

SYMBOL ( 2007-09-04 )
LAST
CHANGE
AMERICAN EXPRESS ( 4:00pm )
60.77
+2.15 ( 3.66 %)
CATERPILLAR INC ( 4:01pm )
76.85
+1.08 ( 1.42 %)
HEWLETT PACKARD CO ( 4:02pm )
50.14
+0.79 ( 1.61 %)
UNITED TECHNOLOGIES CORP ( 10:30am )
75.71
+0.69 ( 0.92 %)
GENERAL MOTORS ( 1:16pm )
34.79
+0.57 ( 1.67 %)

SYMBOL ( 2007-09-04 )
LAST
CHANGE
APPLE INC ( 4:00pm )
144.16
+5.68 ( 4.06 %)
DAWSON GEOPHYSICAL ( 4:00pm )
73.50
+5.64 ( 8.21 %)
INTUITIVE SURGICAL INC ( 4:00pm )
226.68
+5.40 ( 2.42 %)
SUNPOWER CORPORATION ( 3:35pm )
72.60
+4.27 ( 6.22 %)
ENSTAR GROUP LIMITED ( 4:00pm )
131.54
+4.01 ( 3.19 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!


 Finance Explained

Money making ideas

Save