Indian navy prepared to deploy to South China Sea to protect oil interests
Source: Reuters
The Indian navy is prepared to deploy vessels to the South China Sea to protect India's oil interests there, the navy chief said on Monday amid growing international fears over the potential for naval clashes in the disputed region.
India has sparred diplomatically with China in the past over its gas and oil exploration block off the coast of Vietnam. China claims virtually the entire mineral-rich South China Sea and has stepped up its military presence there. Other nations such as Vietnam, Philippines and Malaysia have competing claims.
Indian state-run explorer Oil and Natural Gas Corp (ONGC) has a stake in a gas field in the Nam Con Son basin, off Vietnam's south coast.
Indian Navy Chief Admiral D.K Joshi said while India was not a claimant in the dispute over territorial rights in the South China Sea, it was prepared to act, if necessary, to protect its maritime and economic interests in the region.
Read more: http://www.reuters.com/article/2012/12/03/us-china-sea-india-idUSBRE8B20KY20121203
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