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Vietnam stops drilling after 'China threats'

Vietnam stops drilling after 'China threats'

Strong threats from China have led Vietnam to reportedly end a gas-drilling expedition in a disputed area of the South China Sea. Spanish company Repsol, which was awarded a lease for drilling, was ordered by Vietnamese authorities to leave the area, China had threatened to attack Vietnamese bases in the Spratly islands if the drilling didn’t stop. Repsol subsidiary Talisman-Vietnam had spent about $US300 million developing the field so far.

read more at Brisbane Times

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