CEO Of PetroVietnam Said Cables Cut By Chinese Boat An Accident

Chinese fishing vessels mistakenly cut the cables of a Vietnam Oil & Gas Group seismic ship carrying out work in Vietnam-controlled waters of the South China Sea, according to Chief Executive Officer Do Van Hau.

Highlights from market news:

– Chinese fishing vessels cut cables by accident; were accused of “harassing” the Binh Minh 2 survey ship when cables were cut November 30, PetroVietnam repaired on December 1

– Incident took place in waters claimed by both countries, Chinese fishing boats were operating in normal fishing activity in that part of the sea

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