PV Drilling's News

Petrovietnam requests CNOOC to stop erroneous bid invitation(07/05/2012)

Since June 23, 2012, in the Chinese and English websites of China National Offshore Oil Corporation (CNOOC) has announced the invitation of international bids for 09 oil and gas blocks in the exploration production cooperation in 2012 with foreign companies. The total area of these blocks is 160.129,38 square kilometers. After checking the co-ordinate announced by the Chinese Party, it has been shown that these blocks lie deeply on the continental shelf of Vietnam, overlaping the blocks from 128 to 132 and from blocks 145 to 156 in which Petrovietnam is implementing its petroleum activities. Regarding this issue, the Vietnam National Oil and Gas Group (Petrovietnam) held a press briefing on China’s invitation of international bids for 09 oil and gas blocks in an area that belongs to Vietnam’s exclusive economic zone and continental shelf on June 27th and delivers its formal statement as follows:
 

Petrovietnam affirms that the area where the China National Offshore Oil Corporation put out for international bidding lies entirely within Vietnam’s 200-nautical mile exclusive economic zone and continental shelf in accordance with the 1982 United Nations Convention on the Law of the Sea. This is absolutely not a disputed area.

 

The openly invitation of bids for an area in Vietnam’s exclusive economic zone and continental shelf by China is an illegal activity of no value, which seriously violates the 1982 UN Convention on the Law of the Sea and does not comply with international oil and gas practices. This action seriously violates Vietnam’s exclusive economic zone, sovereign rights, jurisdiction right and legitimate national interest. It also complicates the situation and causes tensions in the East Sea.



Petrovietnam strongly condemns and requests that China National Offshore Oil Corporation cease the above-mentioned illegal/wrongful bid invitation and strictly comply with the agreement on the basic principles guiding the implementation of Vietnam-China sea issues, and respect international law, especially the 1982 UN Convention on the Law of the Sea and the spirit of the Declaration on the Conduct of Parties in the East Sea/South China Sea (DOC).

 

Petrovietnam requests international oil companies not to participate in the bidding for 9 blocks in the exclusive economic zone and continental shelf of Vietnam.

 

Vietnam always attaches importance to its friendship cooperation relations with China. Petrovietnam also attaches importance to its cooperative partnership with CNOOC. In fact, Petrovietnam and CNOOC have signed and implemented several agreements on cooperation in oil and gas sector. Petrovietnam welcomes CNOOC and Chinese oil companies in their cooperation with Petrovietnam in Vietnam’s exclusive economic zone and continental shelf as well as with other international oil companies.

 

As it has been affirmed, the above-mentioned area lies on Vietnam’s exclusive economic zone and continental shelf. Petrovietnam and its partners will continue implementing petroleum activities in accordance with the signed petroleum contracts and with Vietnam’s laws. Petrovietnam will collaborate with Vietnamese relevant authorities to ensure the favourable implementation of these activities.

Address: 4th Floor, Sailing Tower No. 111A Pasteur Street, Ben Nghe, District 1, Ho Chi Minh City
Tel: +84-28-39 142 012 (7 lines) - Fax: +84-28-39 142 021 - 39 142 022 - Website :
www.pvdrilling.com.vn 
© Copyrights 2013 PVD - Site by Time Universal.
35,143,103Visitors