Mittwoch, 21. September 2011

Hunt for oil raises stakes between Asian rivals in South China Sea

Eric Randolph
DELHI // Tensions are rising in the waters of the South China Sea where the competition for oil and regional dominance between India and China is entering a potentially dangerous phase.
When India's external affairs minister, SM Krishna, flew to Vietnam last week, one of the main points on his agenda was a plan to secure hydrocarbon exploration rights for the international arm of India's state-owned Oil and Natural Gas Corps (ONGC).
It was a controversial move, since the

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