India finds oil drilling off Vietnam a losing proposition
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India finds oil drilling off Vietnam a losing proposition

Hanoi : Vietnam | May 10, 2012 at 1:30 PM PDT
Source: The Hindu
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India is likely to withdraw from an oil block in the South China Sea after hydrocarbons did now show up in an exploratory well, said government sources. Officials here have conveyed to Vietnam plans to terminate operations on commercial considerations, said the sources who knew about the talks. FULL ARTICLE AT The Hindu
 
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