China again warns foreign oil firms on South China Sea exploration

[jakeXT]

BEIJING Oct 31 (Reuters) - China on Monday warned foreign energy companies against exploration in the disputed South China Sea after U.S. oil giant Exxon Mobil Corp said it had discovered hydrocarbons in August off central Vietnam, in an area also claimed by China.

The potentially significant gas discovery was made off the coast of Danang city, bringing a territorial row over the resource-rich South China Sea back into focus.

Chinese Foreign Ministry spokesman Hong Lei reiterated at a regular briefing that "China has indisputable sovereignty over the Spratly Islands and adjacent waters," referring to the South China Sea.

"We hope foreign companies do not get involved in disputed waters for oil and gas exploration and development. This position has been consistent," Hong said, when asked whether China plans to ask Exxon Mobil to withdraw from its oil and gas deal with Vietnam.

http://af.reuters.com/article/commoditiesNews/idAFL4E7LV0QM20111031

[Nihil]

1. Could be interesting ... (n/t)

:yoiks: