Posted on 07/20/2008 10:03:05 AM PDT by Coffee200am
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, the South China Morning Post reported 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. -- REUTERS
Ah, its ok to drill off the US coast, but a US company can’t drill off the Vietnamese coast.
Our allies, the Chinese!!
What happened to our “Fellow Travelers” status granted to the Clintons, Pelosi, Obama, etc?
China ? GO POUND SAND !! STUFF IT UP YOUR A$$ !!
Is this anywhere near the Spratly Islands? How many thousand miles?
why don’t they say something to the Viets ?
Hollyweird/Absmally non-productive college professor mode:
Exxon?
Oh, a BigOil corporation, run by greedy, exploitative white, Christian males.
Let the worker’s paradise of Mao’s People’s Republic have at them. Its not like Exxon provides an essential, foundation-of-the-economy product to all Americans or anything....
I thought Exxon-Mobil was a Dutch and British owned company not U.S.? I’m pretty sure I read that in a recent article posted on FR.
Tell the Chinese to get the h*ll out of Cuba!!!!
That’s Royal Dutch Shell ....
Oops, you’re right. Wikipedia confirms that ExxonMobil is an American company.
Ah, its ok to drill off the US coast, but a US company can’t drill off the Vietnamese coast.
Actually, China isn't drilling off the coast of Cuba. That is a bit of an urban legend. But if they were, the claimed area is within Cuba's waters and is not in disputed territories. The Spratly Islands are indispute at the moment. Once China, Vietnam and the others have decided who owns what, then foreign companies should be allowed to drill on Vietnams portion. Until then, it is appropriate that Exxon respect the wishes of China.
Actually, China isn't objecting to US presence in the Pacific, just the drilling of oil in the Spratlys. My own personal observation is that Americans are more indignant about China making friends with America's neighbors than the Chinese are about America making friends with China's neighbors.
Another reason to boycott the Olympics — or better yet, encourage everyone to *go*, just to see what a hell-hole the place is.
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