Updated on
Summary India's ONGC said it would press ahead with long-term partner Vietnam in exploring oil.
Shrugging off Chinese warnings, Indias state-run oil firm ONGC said on Friday it would press ahead with long-term partner Vietnam in exploring the disputed South China Sea for oil.The plans have stoked concerns that the exploration could exacerbate tensions between fast-growing neighbours China and India, who fought a brief, bloody war in 1962 over their disputed Himalayan border.China has repeatedly said it has indisputable sovereignty over essentially all of the South China Sea, a key trading route, and that Beijing is opposed to any country engaged in oil and gas exploration there without its permission.But India insists the area ONGC wishes to explore is well within Vietnams territorial waters.We will proceed with drilling at our block (in the South China Sea) on a schedule established according to our technical convenience, a senior Oil and Natural Gas Corp (ONGC) executive said, asking not to be named.He added Indias foreign ministry had told ONGC the area where the oil firm wished to explore was very much inside Vietnams territory.ONGC is expected to resume drilling next year at one of its two blocks in the mineral and fuel-rich South China Sea, where Vietnam, the Philippines, Taiwan, Malaysia and Brunei also have claims.The Indian statement came a day after Chinese foreign ministry spokeswoman Jiang Yu said oil and gas exploration activities carried out by a foreign company without the approval of China were illegal and invalid.India, worried about encirclement by Chinese interests in the South Asian region, has been cooperating with Vietnam since the early 1990s as part of its Look East policy aimed at expanding ties with its eastern neighbours.This (oil exploration) is one important area of cooperation with Vietnam and we would like this area of cooperation to grow, Indias foreign affairs spokesman Vishnu Prakash said earlier this month.Indias oil exploration projects in two Vietnamese blocks in the South China Sea were in line with international laws, he added.
