East Sea is a semi-enclosed sea, covering an area of about 3.5 million km2, ranging from 3 degrees north latitude to 26 degrees north latitude and 100 degrees east longitude to 121 degrees east longitude; is one of the largest ocean in the world with 90% of the perimeter is surrounded by land.
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East Sea is one of the largest of five oil and gas basin in the world. According to the US Department of Energy, oil reserves proven in the East Sea is 07 billion barrels with a capacity to produce 2.5 million barrels per day. With this volume, exploiting production could reach 18.5 million tonnes per year to maintain in 15-20 years. East Sea also contains large amount of freezing gas resources. This amount of resources on par with the world’s oil reserves and is being considered as an alternative energy source of oil and gas in the future.
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This is the first time China blatantly put on lower rig located in deep locations in the continental shelf and the exclusive economic zone of a country in ASEAN, is an extremely serious violation of the sovereignty, sovereign rights jurisdiction of Vietnam; violation of international law is the UN Convention on the Law of the Sea in 1982 and is also particularly serious violations Declaration on the Conduct of Parties in the East Sea (DOC), which China is a signatory part.
Up to May 20, 2014, Vietnam and China have had 20 phone conversation about the incident, Vietnam frankly required China withdraw rigs and ships escorted out of competition position. However, China not only does not meet the legitimate demands of Vietnam, but also slanders, blames Vietnam and continues to use power, increasing the threatened action, infringement of increasingly dangerous and serious. Finally, on May 20, 2014, Vietnam must send a report on the East Sea to the UN. The international communities were so concerned and condemn serious abuses of China.
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