* ONGC to Continue Exploration in South China Sea

WSJ: “India’s state-run Oil & Natural Gas Corp. will continue to explore for oil and gas offshore Vietnam in the South China Sea, ignoring objections from China.

ONGC Videsh Ltd., the overseas investment arm of ONGC, has accepted Vietnam’s proposal to stay invested in Block 128 as Hanoi has offered additional data that can help to make future exploration economically feasible and discovering hydrocarbons commercially viable, a senior executive with the company said Thursday.”

via ONGC to Continue Exploration in South China Sea – WSJ.com.

See also: http://chindia-alert.org/prognosis/and-india/

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