India says oil, gas cooperation with Vietnam in the East Sea will continue

[SpiritHS]

An Vietnamese oil rig in the East Sea
An Indian official has reiterated that India will not step back in face of China’s warnings against its collaboration with Vietnam in exploring oil and gas in the East Sea, the Vietnam News Agency reported Friday.

The East Sea is the world’s property, and no one has right to control it unilaterally, the report quoted Minister of State for Parliamentary Affairs and Planning Ashwani Kumar as saying.

India is fully capable of protecting its financial interests and national strategies, he said.

Earlier, on April 6, Indian External Affairs Minister S. M. Krishna made the same statement about the East Sea, saying that trade-ways must be free of any national interference, the news agency reported
Last September China warned Indian companies against entering oil and gas agreement with Vietnam in the East Sea, after learning that India planned a project to explore oil in two blocks offshore Vietnam.

In October, Vietnam and India signed an agreement on expanding oil exploration and production in the sea.

Recently China made the same objection after the Vietnam National Oil and Gas Group (PetroVietnam) signed an pact with the Russian energy giant Gazprom to set up a partnership to explore gas in the East Sea on April 5.

In response to China’s comment, Vietnamese Ministry of Foreign Affairs’ spokesman Luong Thanh Nghi on Thursday said all the oil and gas projects that Vietnam is cooperating with foreign partners on are within the country’s sovereign territories and in accordance with international laws
Vietnam latest news - Thanh Nien Daily | India says oil, gas cooperation with Vietnam in the East Sea will continue
We cooperation to develop with international law.

 

[SpiritHS]

Vietnam dismisses China's objection to Russian oil exploration in East Sea

All of Vietnam's oil and gas projects with foreign partners, including with Russia's Gazprom, are "within Vietnam’s sovereignty" and in accordance with international laws, foreign ministry spokesman Luong Thanh Nghi said Thursday.

He was replying to a question from a media correspondent about reports that China had recently asked Russia to stop exploring for gas in the East Sea.

“Vietnam welcomes foreign partners to cooperate with Vietnamese companies in the oil and gas sector within Vietnam’s exclusive economic zone and continental shelf, and on the basis of Vietnam’s laws,” he said.

“Vietnam pledges [to protect] and is responsible for protecting the rights and legitimate interests of foreign partners in Vietnam."

On April 5 the Vietnam National Oil and Gas Group (PetroVietnam) signed a deal for gas exploration with Gazprom, according to a report on VnExpress. The Russian energy giant owns a 49 percent stake in the partnership, and PetroVietnam the rest.

It was not the first time that China voiced its objection to foreign countries cooperating with Vietnam for oil and gas projects in Vietnam's water the East Sea.

Last September it warned Indian companies against entering into oil and gas agreements with Vietnam after it was reported that India planned to work with Vietnam for exploring two offshore blocks.

Also at the press conference, Nghi again demanded that China unconditionally release the 21 fishermen arrested by its fisheries agency on March 3 when they were fishing off Hoang Sa (Paracel) Islands. The agency has demanded a ransom of US$233,000 for the release.

“We have stated many times Vietnam’s standpoint to China at different levels,” Nghi said.

“China needs to respect the standpoint and soon meet Vietnam’s requirements, not letting the case affect the countries’ relationship.”

Asked about the recent encounter between Chinese surveillance ships and a Philippine naval ship in the East Sea, Nghi said Vietnam has taken cognizance of the incident.

“The related parties need to avoid actions that complicate the situation, affecting the peace and stability of the East Sea and the region,” he said

 

[SinoChallenger]

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

 

[JAT BALWAN]

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

Hehehe... your not gonna stop amaze any one soon.... by the way what`s your definition of megaton?? Farts...??

India is doing the best to avoid any conflicts in the region, but not in the price of national interest...
Rigs in East Sea will continue .... do what ever with your farts .. errr... megatons ...

 

[Abhishek_]

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

i thought the final warning was already given, is this the grand finale warning??

 

[GR!FF!N]

i thought the final warning was already given, is this the grand finale warning??

nope...it'll come soon...(not from sino,but from China...but both are same kind of annoying troll..right???? )

i'm impressed India's strong stand on SCS..looks like india is taking proactive stance in international politics..

by the way..China claimed that those indian blocks (127 and 128) are theirs..any comments on that??

 

[Abhishek_]

by the way..China claimed that those indian blocks (127 and 128) are theirs..any comments on that??

india's current stand to china on that: go suck a fat one

 

[Ganges Zephyr]

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

Like you Chinese always says "First do and then talk about it". Its already happening from our side. Now either do what you just pledge about AP and IOK or STFU and watch out rigs milking East VietNam Sea

 

[Dalai Lama]

More work for warning issuers in Beijing.

 

[Abhishek_]

Just a few days of sustained bombing campaign over new delhi and entire states will declare independence from the union.

if only chinese had the cojones, that seems to be in short supply

 

[Tshering22]

Naturally.

TO think that we were to stop our energy trade just because of a bunch of insecure Chinese communists holler and bawl.

 

[Tamizhan]

A principled,consistent stand from India, a demonstration of our peaceful "drilling".

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

All you are releasing is your flatulence and constipation, which sure are gigaton sized.

 

[cloud_9]

Yippee, yippee! This means Southern Tibet will return to our embrace very soon! And Pakistan can look forward to getting IOK back too. Finally, we can unleash those megatons.

 

[Shabz Nist]

Oh noes......another warning....

 

[1962 spanking]

india's current stand to china on that: go suck a fat one

that was what nehru said in 1962, and india is still living with the shock and humiliation of that defeat.

we will warn, until we dont warn and we decide to strike in 1962, there is nothing, i repeat nothing the indian military can do about it.
indian military is target practice for the PLA.
taiwanese military is far more difficlt to defeat than the indian military.
hong kong police force can hold their own against the indian army.

indians have low IQ to defeat high IQ militaries.
1962 proved that.