# Vietnam Energy Rush Draws Japan, US, Russia

> Japan, US, Russia compete for Vietnam's offshore energy in South China Sea amid Middle East tensions.
- Title: Vietnam Energy Rush Draws Japan, US, Russia · Nikkei Asia
- Summary: Japan, US, Russia compete for Vietnam's offshore energy in South China Sea amid Middle East tensions. Japan, US, and Russia are competing to access Vietnam's…
- Keywords: vietnam, south china sea, japan, russia, offshore energy, middle east tensions, news, business, world, Energy, Rush, Draws
- Source: Nikkei Asia — https://asia.nikkei.com/business/energy/vietnam-offshore-energy-rush-draws-japan-us-russia-to-south-china-sea
- Published: 2026-10-08T16:21:17+00:00
- Read time: 1 min
- Topics: vietnam, south china sea, japan, us, russia, offshore energy, middle east tensions, news, business, world
## Vietnam Offshore Energy Rush
New oil and gas projects are springing up off Vietnam's coast as Japanese and U.S. companies vie with Russian players to tap growing demand.
## South China Sea Energy Race
The Sao Vang Dai Nguyet gas field is located about 350 kilometers off Vietnam's coast in the South China Sea.
## Middle East Tensions Drive Competition
Vietnam's offshore energy reserves are being pushed higher by Middle East energy tensions.
## Key takeaway

Japan, US, and Russia are competing to access Vietnam's offshore oil and gas reserves in the South China Sea as Middle East energy tensions rise.