The Philippines said last Thursday September 28th that it was pursuing a long-delayed oil and gas exploration project with Chinese state-owned entity CNOOC Ltd and a Canada-listed company in an area near disputed waters in the South China Sea.
Energy Secretary Alfonso Cusi said that the Philippine government was also looking for solutions with other South China Sea claimants, including China, to enable oil and gas exploration within contested waters. China claims most of the South China Sea. The Philippines halted two projects in the disputed waters while it pursued and eventually won an arbitration case involving territorial disputes with China.
Cusi, speaking at a media briefing after a meeting in Manila with other energy ministers from Southeast Asia, said the issue of energy exploration in South China Sea was not discussed. “We are looking for a win-win solution to move things forward so that we can enjoy whatever resources are there”, he said.