SOUTH CHINA SEA TENSION
BLOOMBERG - Vietnam's state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.
The rare comment from Vietnam Oil and Gas Group, also known as PetroVietnam, follows a BBC report that Vietnam ordered Spanish energy company Repsol SA to suspend a project for a second time under pressure from China. Repsol halted exploration off Vietnam's southeast coast last year, Chief Financial Officer Miguel Martinez said in a July 27 earnings call.
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