China ready to resume energy exploration talks with Marcos gov't; DOE to deal with existing contractors

China said it stands ready to continue negotiations on joint oil and gas projects in the South China Sea with the incoming Philippine administration after President Rodrigo Duterte's outgoing government said it has terminated the talks.

China's citing of the MOU signed by the two governments seems to imply that from Beijing's perspective the oil and gas negotiations between the two governments would continue despite the changing of Philippine leadership unless the bilateral agreement is revoked.China "will strive to take early substantive steps so as to deliver tangible benefits to both countries and peoples," Wang said.

Neither side wanted to relinquish sovereignty rights over the contested area, hampering years of negotiations between Duterte's administration and the Chinese government, diplomatic sources have said. China, which claims virtually the entire South China Sea, rejected that Philippine position, resulting in a long impasse in the negotiations.The DOE on Saturday said it is continuing talks with existing service contract holders for exploration activities.

"The IGJSC convened only once on 28 October 2019 and no agreement was reached during said meeting," said the DOE, which has been designated as co-vice chair of the IGJSC.

Sana makarma Ng big time itong mga chengwa, napkabully at walang palabra de honor

'Their words are flattering and smooth but full of deadly deceit. Condemn and punish them , O God...'

GOD help us.....

buti nlng nkaalis nko jan Pinas

God save the Philippines....

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