Author Topic: South China Sea: Vietnam halts drilling after 'China threats'  (Read 2938 times)

adroth

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South China Sea: Vietnam halts drilling after 'China threats'
By Bill Hayton
BBC News
24 July 2017

http://www.bbc.com/news/world-asia-40701121

Vietnam has reportedly terminated a gas-drilling expedition in a disputed area of the South China Sea, following strong threats from China.
A source in the south-east Asian oil industry has told the BBC that the company behind the drilling, Repsol of Spain, was ordered to leave the area.
It comes only days after it had confirmed the existence of a major gas field.

Those reports have been corroborated by a Vietnamese diplomatic source.

According to the industry source, Repsol executives were told last week by the government in Hanoi that China had threatened to attack Vietnamese bases in the Spratly Islands if the drilling did not stop.

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adroth

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Re: South China Sea: Vietnam halts drilling after 'China threats'
« Reply #1 on: May 11, 2018, 01:43:04 PM »
Emptiness of US rhetoric has been exposed by China bringing Vietnam to heel
Washington failed to back up words with action after Beijing pressured Hanoi into abandoning South China Sea oil drilling project

PUBLISHED : Sunday, 15 April, 2018, 6:03pm
UPDATED : Sunday, 15 April, 2018, 9:56pm
COMMENTS: 76


http://www.scmp.com/news/china/diplomacy-defence/article/2141640/emptiness-us-rhetoric-has-been-exposed-china-bringing

In March, Vietnam’s state petroleum firm PetroVietnam withdrew its consent for Spanish energy firm Repsol to move ahead with a drilling project in the South China Sea. According to a report by Bill Hayton, a journalist and South China Sea analyst, the move could cost Repsol as much as US$200 million in sunk investment costs.

The Vietnamese decision was not made freely by the government. For months, China has been working to coerce the government of Vietnam and deprive it of the right to freely exploit its exclusive economic zone as should be its right under international law.

Vietnam ‘scraps South China Sea oil drilling project under pressure from Beijing’

Last summer, in July, executives from Repsol said that China threatened to initiate a military conflict with Vietnam in the Spratly Islands if the Spanish firm moved ahead with its planned drilling activities in a separate oil drilling block. PetroVietnam’s decision in March followed similar coercion.

So far, several weeks out from the Vietnamese decision, China appears to have entirely got away with bullying a littoral South China Sea state from accessing its own hydrocarbon resources. The development underlines the ultimately shallow assurances the United States has been able to provide to regional states.

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But for all this military activity and for all the rhetorical support from Washington and other democratic Asian capitals in recent months, none of these countries made any grievances known as Vietnam was deprived of access to its South China Sea resources under the threat of force.

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By failing to show up as Vietnam was coerced into a corner, Washington ultimately failed to live up to supporting the values that it claims to hold with regard to the future of the regional security architecture in Asia. The next time Chinese decision-makers seek to authorise the coercion of a Southeast Asian claimant state in the South China Sea, they’ll remember that.

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adroth

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Re: South China Sea: Vietnam halts drilling after 'China threats'
« Reply #2 on: May 11, 2018, 01:45:28 PM »
Vietnam scraps South China Sea oil drilling project under pressure from Beijing - BBC
Reuters Staff

https://www.reuters.com/article/southchinasea-vietnam/vietnam-scraps-south-china-sea-oil-drilling-project-under-pressure-from-beijing-bbc-idUSL3N1R451F

HANOI, March 22 (Reuters) - Vietnam’s state oil firm PetroVietnam has ordered Spanish energy firm Repsol to suspend its “Red Emperor” project off the country’s southeastern coast following pressure from China, the BBC reported on Friday.

It would be the second time in less than a year that Vietnam has had to cancel a major oil development in the South China Sea under pressure from China.

The move comes as Repsol was making final preparations for commercial drilling.

A rig, the Ensco 8504, was scheduled to depart from Singapore for the drill site on Thursday, the report said, citing an unnamed energy industry source.

The cancellation could cost Repsol and its partners $200 million in sunk investment, according to the BBC.

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