Sunday, 2 October 2011

China warns India not to look for oil in South China Sea

An Indian national oil company JV with Vietnam is at stake and China is not kidding here

China wants everything inside the red line
China has warned India against collaborating with Vietnam over oil and gas exploration in the disputed South China Sea. The warning comes as reports suggest an Indian state-owned oil producer is about to start joint exploration of gas resources despite protests from Beijing, the official Global Times has reported.

It’s a reminder of the dangers that still exist in the Sino-Indian relationship.

Global Times quoted Jiang Yu, a spokesperson for the Chinese Foreign Ministry, as stating that ‘as for oil and gas exploration...we are opposed to any country engaged in the waters under China’s jurisdiction. We hope foreign countries do not get involved in the South China Sea dispute.

Full story HERE

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