Skip to content
Subscriber Only

Vietnam Calls on Cnooc Parent to Scrap Oil Exploration Bids

Vietnam called on China National Offshore Oil Corp., the state-owned parent of Cnooc Ltd., to cancel an invitation for foreign oil and gas companies to explore nine blocks in disputed waters of the South China Sea.

Seeking bids for the exploration areas is an illegal act that “seriously violated” Vietnam’s sovereign rights, Ministry of Foreign Affairs spokesman Luong Thanh Nghi said in comments posted on the ministry’s website yesterday. The company should “immediately cancel” the invitation, he said.