CHINA, JNOC START EXPLORATION IN TARIM BASIN

A joint venture of China National Oil & Natural Gas Corp. and Japan National Oil Corp. (JNOC) has begun exploration in Northwest China's remote Tarim basin in Xinjiang Uygur Autonomous Region. That marks the first time China has allowed a foreign oil company to participate in exploration of the highly prospective basin (OGJ, May 6, 1991, p. 143). China pins much of its hope for the future on the Tarim basin as production declines from its older, mainstay fields in the east and offshore

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