Sunday, July 20, 2008

China warns Exxon over Vietnam deal-newspaper

20 Jul, 2008
REUTERS

HONG KONG: China has warned Exxon Mobil Corp to pull out of an exploration deal with Vietnam, describing the project as a breach of Chinese sovereignty, a Chinese newspaper report said on Sunday, citing unnamed sources. The article, which cited "sources close to the US firm", said Chinese diplomats in Washington had made repeated verbal protests to Exxon Mobil executives in recent months, and warned them its future business interests on the mainland could be at risk.

The protests involve a preliminary co-operation agreement between state oil firm PetroVietnam and Exxon Mobil covering exploration in the South China Sea off Vietnam's south and central coasts, the article said. It did not state when the co-operation agreement was signed. The report quoted the unnamed sources as saying Exxon Mobil was confident of Vietnam's sovereign rights to the blocks it was exploring, but it could not dismiss China's warnings out of hand.

The newspaper said China's foreign ministry did not immediately respond to queries about the situation and an Exxon Mobil spokesman refused to discuss any approaches from China. But it quoted Vietnamese Foreign Ministry spokesman Le Dung as saying it needed to be "clearly asserted" that Hanoi's dealings with foreign oil partners fell entirely within Vietnam's legal rights and sovereignty. China and Vietnam have a number of festering disagreements about territory.

The two countries dispute sovereignty over the Spratly Islands, a string of rocky outcrops in the South China Sea suspected of containing large oil and gas deposits and also claimed by Taiwan, Brunei, Malaysia and the Philippines. China supported the Vietnamese Communists in their decades-long war against South Vietnam and its US sponsors. But Vietnam has traditionally been wary of its larger Asian neighbour and in 1979 the two countries fought a brief border war after Vietnam occupied Cambodia and overthrew the murderous Khmer Rouge regime that favoured Beijing.

Though Vietnam and China have agreed to cooperate in oil and gas exploration in the Gulf of Tonkin in the north, last year BP Plc halted plans to conduct exploration work off the southern Vietnamese coast, citing the territorial tensions. And in December China chided Vietnam after protests in front of the Chinese Embassy in Hanoi proclaiming that the Spratly and Paracel islands belonged to the Vietnamese.

4 comments:

Anonymous said...

What now??? The Red Delta Youns are annoying China again??? Southeast Asia will be a war zone again because of the Nan Chao Siems and the Red Delta Youns. Dang it, these barbarians just don't learn how to respect the territory of the real owners.

Anonymous said...

The Youn is trying to claim China territory, the Vietminh expansionism policy.

The legendary hypocrisy of the Youn.
This weasel should learn to respect the territory of other country.

Anonymous said...

The Vietcong is taking in a pretty big adversary, must be the brand new special allow military helmets that they just bought for their soldiers that gave them such confidence.

Anonymous said...

The Vietcong is taking on a pretty big adversary, must be the brand new special alloy military helmets that they just bought for their soldiers that gave them such confidence.