Exclusive Vietnam Unit Of Russias Rosneft Fears Beijing Backlash Over South China Sea Drilling

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HANOI – Rosneft Vietnam BV, a unit of Russian state oil firm Rosneft (ROSN.MM), is concerned that its recent drilling in an area of the South China Sea that is claimed by China could upset Beijing, two sources with direct knowledge of the situation told Reuters on Wednesday.

Rosneft said on Tuesday its Vietnamese unit had started drilling at the LD-3P well, part of the Lan Do “Red Orchid” offshore gas field in Block 06.1, 370 kms (230 miles) southeast of Vietnam.

The block is “within the area outlined by China’s nine-dash line,” according to energy consultancy and research firm Wood Mackenzie.




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