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    Likely Philippines-China joint exploration for oil and/or natural gas in the South China Sea

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    Date
    August 19, 2018
    Author
    De Vencia, Jose C. Jr.
    Metadata
    Show full item record
    Classification code
    MB20180819_16
    Excerpt
    A distinct likely prospect now is the signing next month of a Philippines-China framework agreement for joint exploration for hydrocarbons, for oil and/or natural gas, in the West Philippine Sea, which will reduce or put an end to chances of conflict in the area. The area of the waters within the Philippines’ 370-kilometer Exclusive Economic Zone on the South China Sea has been renamed the West Philippine Sea. Foreign Secretary Alan Peter Cayetano has been undertaking pragmatic diplomacy and hopes to visit Beijing in September most likely to sign an agreement to drill an exploration oil or gas well in the area, which we believe could lead to substantial hydrocarbon discoveries which will reduce Philippine dependence on our heavy imports of crude oil from Saudi Arabia on the Persian Gulf or Arab Gulf to the Arabs.
    Citation
    De Vencia, J. C. Jr. (2018, August 19). Likely Philippines-China joint exploration for oil and/or natural gas in the South China Sea. Manila Bulletin, p. 16.
    URI
    http://hdl.handle.net/20.500.12174/5284
    Associated content
    Online version
    Corporate Names
    International Conference of Asian Political Parties (ICAPP) Association of Southeast Asian Nations (ASEAN) Communist Party of Vietnam (CPV) Petroleum Exploration Concession (PEC) Philippine Petroleum Association Basic Petroleum and Landoil
    Personal Names
    Cayetano, Alan Peter Arroyo, Gloria M. Hu, Jintao Nguyeh, Duc Manh Nguyen, Phu Throng de Venecia, Oscar
    Geographic Names
    Philippines China South China Sea West Philippine Sea Hà Nội
    Subject
    joint ventures hydrocarbons Exclusive economic zone agreements territorial waters Oil and gas exploration international agreements international cooperation
    Collections
    • Manila Bulletin [2470]

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