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2014/10/28

Vietnamese oil keeps India running, may give China gas

Newly appointed Vietnamese Ambassador Ton Sinh Thanh rejected China’s objection to Indian oil exploration projects in South China Sea, asserting that that his country has the “right” to protect its interests. 
“We hope that more oil and gas ventures of India can be done in Vietnam and we will create favourable condition for them,” Ton told PTI. 
Vietnamese Prime Minister Nguyen Tan Dung will arrive here tomorrow on a two-day visit during which he will hold talks with top Indian leadership on a range of issues, including ways to enhance cooperation in security, defence and energy sector.
The two countries had established strategic ties in 2007. 
The Ambassador said all oil exploration projects by India in South China Sea have been within the territorial waters of Vietnam and it will provide “full security” to Indian companies involved in them.

More @ Hindu Businessline 

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