Philippines wants to start new energy exploration projects in South China Sea

0
3K

Philippine President Ferdinand Marcos Jr said his country is working to resolve "exploration issues" in the South China Sea so it could start new energy exploration projects in the resource-rich waterway to meet his nation's energy needs.

Japan's Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr in Tokyo.

Marcos, in an interview with Japanese media on Saturday, said tensions in the South China Sea have "increased rather than diminished" in recent months, warning that a "more assertive China" posed a "real challenge" to its Asian neighbours.

The Philippines and China have resumed discussions about jointly exploring oil and gas resources in the South China Sea, where the two nations have sparred for decades over sovereign rights to develop natural resources in the strategic waterway.

But "very little progress" has been made with regard to the talks, Marcos said, according to a press release from his office as he attends a Tokyo summit of Japan and the Association of Southeast Asian Nations (ASEAN).

"We are still at a deadlock right now," Marcos said as he emphasised his country's right to exploit energy reserves in the West Philippines Sea at a time the Philippines wants to reduce its reliance on fossil fuel and coal and transition to liquified natural gas.

Manila refers to the portion of the South China Sea that is within its Exclusive Economic Zone (EEZ) as the West Philippine Sea.

Efforts to find a legally viable way to cooperate on energy exploration have stalled repeatedly, with previous administration abandoning talks in June last year citing constitutional constraints and issues of sovereignty.

A week ago, Manila and Beijing traded accusations over a collision of their vessels near a disputed shoal in the South China Sea as tensions over claims in the vital waterway escalate.

In addition to the Philippines, ASEAN members Vietnam, Indonesia, Malaysia and Brunei claim parts of the South China Sea disputed by China, which claims almost all of the sea, a conduit for more than $3 trillion of annual ship-borne commerce.

The Permanent Court of Arbitration in 2016 said China's claims had no legal basis, a ruling the United States supports but Beijing rejects.

"I'm afraid we'll have to be able to say that tensions have increased rather than diminished for the past months or the past years," Marcos said as he underlined the need to resolve issues peacefully.

The challenge that China posed required "new solutions", said Marcos, who has vowed to defend his country's rights in the South China Sea after the collision, which Manila has described as a "serious escalation".

Sponsored
Search
Sponsored
Categories
Read More
Health and Wellness
COGNITION- Is Your Brain (Like) a Quantum Computer? There's some evidence that the brain may use quantum mechanics in some way. Reviewed by Ray Parker
KEY POINTS- Quantum mechanics can be used to describe the behavior of any system and how it...
By Ikeji 2023-08-01 04:07:55 0 4K
Other
https://www.facebook.com/MukonjoRootOffer/
Mukonjo Root - In today's fast-paced world, many men face challenges related to their...
By jalenshoojo 2025-06-21 07:44:33 0 919
Other
Sesame Seeds Market 2024-2032: Growth Trends, Key Insights, and Market Dynamics
The global sesame seeds market size is projected to grow at a compound annual growth rate (CAGR)...
By sophiagrace33 2024-06-18 13:03:32 0 3K
Other
Addiction Counselor Email List | Addiction Counselor Mailing List
Gain an advantage by using a mailing list of addiction counselors, which will provide you with an...
By SmithAnderson01 2024-05-29 11:27:42 0 4K
News
India's race to overtake China will intensify after Modi's reelection because they have the same obsession, analyst says
India and China's rivalry will likely intensify in the Indian prime minister's third term in...
By Ikeji 2024-06-10 14:45:59 0 2K
Sponsored
google-site-verification: google037b30823fc02426.html