Mr. Wang Quanhuo, Chief of the Economic & Commercial Office of the Embassy of the People’s Republic of China in The Bahamas answers the question about reports concerning some Chinese companies’ involvement in drilling activities for oil in The Bahamas.
"I was approached by some journalists to confirm that 12 Chinese companies were partnering with a Bahamian company in its bid to drill for oil in The Bahamas. Now I’d like to answer as follows:
According the my information, up till today, no Chinese company has applied for drilling for oil in The Bahamas to the competent authorities of The Bahamas government. No Chinese company has discussed the matter with local oil companies. And no Chinese company has come to register its activities in the afore-mentioned area in the Chinese Embassy."