ACNS-THE COMPARED WORLD TV NEWS
Friday, January 27, 2023
  • Login
  • The Nations-National
No Result
View All Result
  • The Nations-National
No Result
View All Result
ACNS-THE COMPARED WORLD TV NEWS
No Result
View All Result
Home World News

Philippines will explore for oil in South China Sea even without a deal with Beijing: Marcos | CNN

ACNS TV by ACNS TV
December 1, 2022
in World News
0
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Bilal al-Sudani: US forces kill Islamic State Somalia leader in cave complex

Lethal Israeli raid marks deadliest day in over a year | CNN

The Philippines must find a way to explore for oil and gas in the South China Sea even without a deal with China, President Ferdinand Marcos Jr. said on Thursday, emphasizing his country’s right to exploit energy reserves in the contested waterway.

“That’s a big thing for us, that is why we need to fight (for what is ours) and take advantage if there really is oil there,” Marcos told reporters.

Talks over joint energy exploration between Manila and Beijing in the South China Sea had been terminated, the previous government said in June, citing constitutional constraints and issues of sovereignty.

“That’s the roadblock, it is hard to see how we can resolve that. I think there might be other ways so it does not have to be G-to-G (government-to-government),” Marcos said.

The Chinese embassy in Manila did not immediately respond to a request for comment.

Marcos’ remarks came after his foreign affairs secretary said in August Manila was open to new talks with China on oil and gas exploration and that a deal with China or any other country must comply with Philippine laws.

The Philippines relies heavily on imported fuel for its energy needs, making it vulnerable to supply shocks and rising oil prices, which have helped push up inflation to a near 14-year high.

During a three-day visit last week, US Vice President Kamala Harris affirmed American defense commitments to the Philippines and reiterated support for a 2016 arbitration ruling that invalidated Beijing’s expansive South China Sea claims.

The ruling, which China refused to recognize, states that the Philippines has sovereign rights to exploit energy reserves inside its 200-mile (321-kilometer) Exclusive Economic Zone.

Marcos said on Thursday “we will have something more concrete” to announce by early next year about US proposals to access Philippine military bases under the 2014 Enhanced Defence Cooperation Agreement. Washington has proposed adding more sites to the current five under EDCA, which allows for the rotation of US military ships and aircraft at mutually agreed bases.

Philippine firm PXP Energy Corp, which holds an exploration permit in the Reed Bank, a disputed area, has had talks with China National Offshore Oil Corp on a joint venture. But Manila and Beijing’s conflicting claims have prevented it from undertaking further drilling and reaching a deal with CNOOC.



Source link

ShareTweetPin
ACNS TV

ACNS TV

Related Posts

Bilal al-Sudani: US forces kill Islamic State Somalia leader in cave complex

by ACNS TV
January 27, 2023
0

Bilal al-Sudani was a key figure in growing the Islamic State's presence in Africa, the US says. Source...

Lethal Israeli raid marks deadliest day in over a year | CNN

by ACNS TV
January 27, 2023
0

CNN  —  Israeli forces killed nine Palestinians and wounded several others in the West Bank city of Jenin on...

US citizen investigated in the killing of 23-year-old DJ in Colombia | CNN

by ACNS TV
January 27, 2023
0

Bogotá CNN  —  Colombian authorities are investigating the death of 23-year-old Valentina Trespalacios, whose boyfriend, US citizen John Poulos,...

Protests reach Haiti airport and Prime Minister’s residence over police killings | CNN

by ACNS TV
January 27, 2023
0

CNN  —  Protesters and some police officers protested at the official residence of Haiti’s prime minister in the capital...

Spain church attacks: Suspect was facing deportation

by ACNS TV
January 26, 2023
0

A 25-year-old Moroccan is detained after a church caretaker is killed and a priest injured. Source link

Next Post

Escape of Sydney zoo lions caught on camera

Trump taxes: US lawmakers get access to former president's returns

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Bilal al-Sudani: US forces kill Islamic State Somalia leader in cave complex

January 27, 2023

Midriff bulge linked to later physical decline, study says | CNN

January 27, 2023
  • 52.2M Fans
  • 121 Followers
  • 170k Subscribers
  • 650 Followers
  • 23.7k Followers

MOST VIEWED

  • India and Pakistan Suffer New COVID-19 Surge | World News

    India and Pakistan Suffer New COVID-19 Surge | World News

    0 shares
    Share 0 Tweet 0
  • Another Norwegian Company Sets Lofty Offshore Wind Goals, Prepares for Oslo Stock Exchange

    0 shares
    Share 0 Tweet 0
  • How the Rural-Urban Divide Plays Out on Digital Platforms

    0 shares
    Share 0 Tweet 0
  • Jatheon Technologies Presents Free Workplace Communication Guide

    0 shares
    Share 0 Tweet 0
  • Belarus opposition leader holds online vote on regime talks – Business Recorder

    0 shares
    Share 0 Tweet 0

The latest international news from ACNS TV, featuring top stories from around the world and breaking news, as it happens.

CATEGORY

  • Business News
  • Health
  • Sport
  • Technology
  • Trade,Stock Exchange
  • World Economies
  • World News
  • World Trade

Categories

  • Business News (8)
  • Health (29)
  • Sport (7)
  • Technology (11)
  • Trade,Stock Exchange (7)
  • World Economies (8)
  • World News (636)
  • World Trade (10)
  • Contact
  • Home 1
  • Home 2

© 2021 ACNS TV - Web Developed by Techy Rack.

No Result
View All Result
  • Contact
  • Home 1
  • Home 2

© 2021 ACNS TV - Web Developed by Techy Rack.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?