This week Gazprom announced a deal with PetroVietnam to jointly develop a couple of natural gas fields off the coast of Vietnam, in one of the multitude of South China Sea areas claimed by China.
My thoughts: Given that Gazprom is pretty much an appendedge of the Kremlin this is Russia basically giving China the finger. It would seem that China's bellicosity is costing it some friends, first Burma and now this. But I also don't believe they will stop, there's too much at stake for them politically.
Oh, and I did have a good link to this but my post count is too low to post it, so you'll have to find it yourself. Just Google Gazprom Vietnam oilwatch, it should be the first link. Sorry.
My thoughts: Given that Gazprom is pretty much an appendedge of the Kremlin this is Russia basically giving China the finger. It would seem that China's bellicosity is costing it some friends, first Burma and now this. But I also don't believe they will stop, there's too much at stake for them politically.
Oh, and I did have a good link to this but my post count is too low to post it, so you'll have to find it yourself. Just Google Gazprom Vietnam oilwatch, it should be the first link. Sorry.