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Vietnam protests against China's 'illegal' foreign oil bid in disputed area | Vietnam has protested against China 's plan to open up foreign oil bids in a disputed
area in the South China Sea , adding to tensions in the region. According to The
BBC, the foreign ministry said the move was 'illegal' and a serious 'violation
of Vietnam 's sovereignty'. The ministry said that the oil blocks are 'deep inside
Vietnam 's exclusive economic zone and not a contested area'. China 's CNOOC (China
National Offshore Oil Corporation) oil company said that nine offshore blocks
were open to foreign bids this year. Chinese Foreign Minister Hong Lei also said
that the tender was 'normal business activity' and asked that Vietnam 'not further
complicate and aggravate the dispute'. "This is absolutely not a disputed area.
[CNOOC's move] is illegal and of no value, seriously violating Vietnam 's sovereignty,"
Vietnam 's foreign ministry said in a statement. It added that China 's move is
"causing tension" in the South China Sea . The country's state-owned oil company,
PetroVietnam, also called on international firms to boycott the bid invitation.
The South China Sea , thought to be rich in oil and natural gas reserves, has
been a source of maritime conflict between several countries. |
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