Viva_Viet
SENIOR MEMBER
- Joined
- Jun 26, 2011
- Messages
- 7,503
- Reaction score
- -6
- Country
- Location
1. when have the viets ever stopped anyone in the seas?
2. oh no 6.5% good lord the sky is falling in china, might move to Vietnam where there is no inflation.... oh WAIT
BBC News - Vietnam's inflation rate rises to 23%
also VN...lol SSF will have fun with that one.
1. We stoped CHina-Phil oil drilling in Reed Bank one time already.
http://dfa.gov.ph/treaties/ola/inde...rporation-and-philippine-national-oil-companyAN AGREEMENT FOR JOINT MARINE SEISMIC UNDERTAKING IN CERTAIN AREAS IN THE SOUTH CHINA SEA BY AND BETWEEN CHINA NATIONAL OFFSHORE OIL CORPORATION AND PHILIPPINE NATIONAL OIL COMPANY
SEPTEMBER 1, 2004
BEIJING, CHINA
This Agreement is entered into on this 1st day of September 2004 by and between China National Offshore Oil Corporation (hereinafter referred to as "CNOOC"), a company organized and existing under the laws of the People's Republic of China, having its headquarters domiciled in Beijing as one part; and Philippine National Oil Company (hereinafter referred to as "PNOC"), a company organized and existing under the laws of the Republic of the Philippines, having its headquarters domiciled at Fort Bonifacio, Taguig, Metro Manila, as the other part.
CNOOC and PNOC are collectively referred to as the "Parties" and individually as "Party"
Philippines and the Spratly Islands - Wikipedia, the free encyclopediaAnother oil field being explored today is Reed Bank, which exploration was halted in 1980's after China's objections. The concession is currently awarded to Forum Energy plc, a UK-based oil, gas and coal company. The Reed Bank concession is located in the South China Sea west of Palawan Island. The licence is located to the southwest of the Shell-operated Malampaya Gas Field.[51]
The concession was first awarded to Sterling Energy plc (which later merged with another company to form Forum Energy) in June 2002. In 2003 Sterling reprocessed 250 km of 2D seismic data and completed a feasibility study on the gas-to-liquid options for the gas field. The seismic work and the gas-to-liquid study fulfilled the initial work commitments on the concession and Sterling was granted a 12 month extension in June 2004. In 2005 Forum acquired new 3D seismic data over the licence area fulfilling its work commitments required under the 12 month extension. In September 2006, results of the interpretation of the 3D seismic programme at the Sampaguita (an area inside Reed Bank) gas discovery indicated a world class gas accumulation with potential reserves of up to 20 trillion cubic feet (3.56 trillion oil barrels).[51]
Unlike Malampaya, Reed Bank is claimed by the People's Republic of China, Republic of China, and Vietnam. There is still no news on whether these countries are disputing this exploration or not.
( Reed-bank is Red area on the left )
2. We jsut stoped some CHina's project in VietNam such as China Merchants Group in VUng Tau, so we need time to welcome more Japan investor to VietNam, our inflation rate will reduce soon