BY SUCCESS KANAYO UCHIME
The Government of the Philippines is now getting ready to commence full oil drilling in the disputed South China Sea that has been long under dispute.
Agence France-Presse (AFP) report said that this move is coming despite series of spats from the government and people of the People’s Republic of China.
Hu Jintao, the Chinese President
According to the Philippines authorities and the company behind the project, the Britain-based Forum Energy it said it has completed a seismic survey on the Sampaguita Gas field off the Reed Bank, which is much closer to the Philippines than China.
In a statement, Executive Chairman of Forum Energy, Robin Nicholson said it will immediately begin processing the data with the aim of further evaluating the commercial potential of the block, and to help identify the best location for possible appraisal wells to be drilled.
He noted that they have met their contractual commitments with the Philippine Department of Energy under Service Contract 72 and look forward to making further investments into the project.
Also speaking, the Chinese embassy spokesman, Sun Yi requested a copy of the Forum Energy announcement adding that China reiterated its claim over disputed islands in the South China Sea two weeks ago after both the Philippines and Vietnam protested to Beijing over its naval activity in contested waters.
He stated: "China holds indisputable sovereignty over the South China Sea islands and their adjacent waters.”
It would be noted that the Philippines government lodged a complaint after two Chinese vessels ordered its oil exploration boat to leave waters near Reed Bank on March 2. And that the Reed Bank lies about 150 kilometers (90 miles) east of the reputedly oil-rich Spratly chain, which are claimed in whole or in part by Brunei, Malaysia, Taiwan and Vietnam, as well as the Philippines and China.
For more articles from this writer, click here: http://www.allvoices.com/users/success4u
The Government of the Philippines is now getting ready to commence full oil drilling in the disputed South China Sea that has been long under dispute.
Agence France-Presse (AFP) report said that this move is coming despite series of spats from the government and people of the People’s Republic of China.
Hu Jintao, the Chinese President
According to the Philippines authorities and the company behind the project, the Britain-based Forum Energy it said it has completed a seismic survey on the Sampaguita Gas field off the Reed Bank, which is much closer to the Philippines than China.
In a statement, Executive Chairman of Forum Energy, Robin Nicholson said it will immediately begin processing the data with the aim of further evaluating the commercial potential of the block, and to help identify the best location for possible appraisal wells to be drilled.
He noted that they have met their contractual commitments with the Philippine Department of Energy under Service Contract 72 and look forward to making further investments into the project.
Also speaking, the Chinese embassy spokesman, Sun Yi requested a copy of the Forum Energy announcement adding that China reiterated its claim over disputed islands in the South China Sea two weeks ago after both the Philippines and Vietnam protested to Beijing over its naval activity in contested waters.
He stated: "China holds indisputable sovereignty over the South China Sea islands and their adjacent waters.”
It would be noted that the Philippines government lodged a complaint after two Chinese vessels ordered its oil exploration boat to leave waters near Reed Bank on March 2. And that the Reed Bank lies about 150 kilometers (90 miles) east of the reputedly oil-rich Spratly chain, which are claimed in whole or in part by Brunei, Malaysia, Taiwan and Vietnam, as well as the Philippines and China.
For more articles from this writer, click here: http://www.allvoices.com/users/success4u
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