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China sends four oil rigs to South China Sea amid regional tensions

Jun 21, 2014    

BEIJING/HONG KONG (Reuters) - China has sent four more oil rigs into the South China Sea in a sign that Beijing is stepping up its exploration for oil and gas in the tense region, less than two months after it positioned a giant drilling platform in waters claimed by Vietnam.The announcement comes at a time when many countries in Asia are nervous at Beijing's increasing assertiveness in the potentially energy-rich waters, where sovereignty over countless islands and reefs is in dispute.Coordinates posted on the website of China's Maritime Safety Administration showed the Nanhai number 2 and 5 ...

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