Vietnam halts South China Sea oil drilling project under pressure from Beijing
▻https://www.reuters.com/article/us-southchinasea-vietnam/vietnam-scraps-south-china-sea-oil-drilling-project-under-pressure-from-bei
le bloc 07/03 dans le bassin de Nam Con Son
Vietnam has halted an oil drilling project in the “Red Emperor” block off its southeastern coast licensed to Spanish energy firm #Repsol following pressure from China, three sources with direct knowledge of the situation told Reuters on Friday.
It would be the second time in less than a year that Vietnam has had to suspend a major oil development in the busy #South_China_Sea waterway under pressure from China.
[…]
#Red_Emperor, known in Vietnamese as the #Ca_Rong_Do field, is part of Block 07/03 in the #Nam_Con_Son basin, 440 km (273 miles) off the coast of Vietnam’s southern city of Vung Tau.
The $1-billion field of moderate size by international standards is seen as a key asset to help slow the decline of Vietnam’s stalling oil and gas production.
But the block lies near the U-shaped “#nine-dash_line ” that marks the vast area that China claims in the sea and overlaps what it says are its own oil concessions.
Located in waters around 350 metres (1,148 ft) deep, it is considered to be profitable from around $60 per barrel. Current Brent crude oil prices are almost $70 per barrel.
On est très très bas, dans la #mer_de_Chine_méridionale, mais trop proche de la #ligne_en_neuf_traits …
▻https://fr.wikipedia.org/wiki/Ligne_en_neuf_traits
#langue_de_bœuf #Đường_lưỡi_bò
#Cá_Rồng_Đỏ
cf. ▻https://seenthis.net/messages/617802 (avec autre carte)
