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East Turkestan possesses considerable natural resources, and the land is very productive.East Turkestan, known as the Kuwait of the twenty-first century, is of particular interest for its oil, natural gas, uranium, coal, gold and silver mines, and is one of China's most important sources of these
resources.
The Tarim Basin in the middle of East Turkestan in particular is thought to have considerable petrol reserves. That basin is therefore known as the "Sea of Hope," and is estimated to have potential oil reserves of more than 10.7 billion tons.Research carried out by geologists has revealed a 300-million tons of oil and a 220-billioncubic-meters of natural gas capacity
China's dependence on East Turkestan for energy is not restricted
to the oil beds in the Tarim Basin. East Turkestan will also be the natural
route for any pipeline from the Central Asian Turkish states, which will
in turn be of vital importance to Chinese industry. The best way for
China to insure its transportation system is effective and secure is to
keep East Turkestan under its control.
The region's rich natural gas, coal, and copper deposits also make it indispensable for the Chinese economy.
Of the 148 different minerals extracted in all of Red China, 118 come from East Turkestan (this is 85 percent of China's mineral production). Among these, coal, with its high quality and energy content, is especially important. The coal reserves
in East Turkestan are estimated at some 2 trillion tons, half of China's total coal reserves. One study at the end of 2000 revealed that China's richest copper mines were in East Turkestan.