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Russia, Vietnam sign gas exploration deal

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Russia, Vietnam sign gas exploration deal


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Russian natural gas producer Gazprom said it has reached a deal with Vietnam Oil & Gas Group (PetroVietnam) to exploit two gas blocks off the coast of Vietnam, UPI reported.

The deal included exploring two licensed blocks in the Vietnamese continental shelf in the disputed South China Sea. The two blocks cover two discovered gas and condensate fields, Moc Tinh and Hai Thach, with total reserves of 55.6 billion cubic meters of gas and 25 million tons of condensate, Gazprom said.

According to the deal, Gazprom takes a 49 percent stake in the offshore blocks. As early as in 2009, Gazprom and PetroVietnam entered into a strategic partnership to develop gas resources off Vietnam's southern coast.

Experts said Vietnam has been Russia's ally since the Soviet era and this move signals attempts of Vietnam to bring Russia into the long-running territory dispute with China.

Russia, Vietnam ink gas exploration deal - China.org.cn





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China ask Russia to stay away from South China Sea


After its spat with India over the oil exploration in blocs claimed by Vietnam in the disputed South China Sea, China on Tuesday asked Russia to stay away from taking up similar operation at the invitation of Hanoi.

Asked about reports that Vietnam and Russian companies inked a deal for oil and gas exploration in the South China Sea, (SCS), Chinese Foreign Ministry Spokesman, Liu Weimin told a media briefing here that countries that were not concerned with the dispute should stay away.

"China's enjoys indisputable sovereignty over SCS. We hope the disputes can be solved through negotiations by countries concerned", he said.

"We hope the parties concerned can reach half way and avoid having countries outside the region get involved in the dispute", he added.

At the same, China also hopes that companies from countries outside the SCS region could avoid getting involved in disputes in the region, he said.

Reaffirming China's indisputable sovereignty over the Nansha Islands and their adjacent waters, Liu said China was committed to the peaceful resolution of disputes through direct negotiation and friendly consultation with countries concerned based on respect for historical facts and international law.

Similar remarks were made last year by China about ONGC taking oil exploration in the blocs claimed by Vietnam.

Taking strong exception, China has asked India to stop taking up such activity, which New Delhi brushed aside asserting that its cooperation with Hanoi is under the international law.

China had also reacted to External Affairs Minister, SM Krishna's statement few days ago that "SCS is the property of the world and those trade-ways must be free from any national interference".

China said that despite disputes, the navigation in the area was never disrupted.

China ask Russia to stay away from South China Sea - World - DNA
 
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china says _____ stay away from south china sea?
they should keep filling up the blanks to save time .
 
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russians are the most power hungry people of the world...just dont mess with'em
 
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You did it my dear friend China :P now you have successfully issued a warnning to Russia :P but I guess they show you the middle finger :D
 
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The exploration blocks are all off the coast of Vietnam. indian media is making it sound like it's within China's 9 sectioned line, but that has yet to be seen. We've seen this all before, the Russians play a little game here but they will back off in the end, leaving Vietnam in the dust again.
 
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Sinochallenger,

Based on the article, China only dare to asked Russia and not goes far more than asked. This also tell me and the rest of people whose joins in PDF to know that China has no guts to issues a warning to Russia bear.

During Russia signs deal with Vietnam, Russia also sent warships to visit at HCM City for 7 days. Russia bear also send strong message to China that it will treats China pirates equal Somalia pirates.

http://www.tuoitrenews.vn/cmlink/tuoitrenews/politics/russian-warship-visits-hcmc-1.67816
 
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The exploration blocks are all off the coast of Vietnam. indian media is making it sound like it's within China's 9 sectioned line, but that has yet to be seen. We've seen this all before, the Russians play a little game here but they will back off in the end, leaving Vietnam in the dust again.

Like how u guys dumped pakistan on economic issues?
 
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The exploration blocks are all off the coast of Vietnam. indian media is making it sound like it's within China's 9 sectioned line, but that has yet to be seen. We've seen this all before, the Russians play a little game here but they will back off in the end, leaving Vietnam in the dust again.

well,ONGC too is doing this.. "The exploration blocks are all off the coast of Vietnam"..but China gave us few infraction... :D
 
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Based on the facts, Russia does not need gas/oil from Vietnam due to Russia has rich oil sources for itself. Russia also supplies for Euro.

Based on the political between Viet Nam, India which both countries are the main incomes for Russia weapons technologies. Russia must steps in. More than that, Viet Nam and India has very good, strong relationship with Russia this is why Russia joint Viet Nam base on "signs deal oil".

Likewise, Russia also will re-enter to Cam Ranh Bay due to a matter of U-Shape China claimed.
 
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