Philippine president says joint oil and gas exploration with China a 'distinct possibility'
- MANILA: Philippine President Ferdinand Marcos Jr said on Friday (Aug 14) that there was a "distinct possibility" that the Philippines and China could undertake joint oil and gas exploration despite their long-running disputes in the South China Sea.
- Marcos told foreign journalists that progress was being made in talks with China as Manila seeks to bolster its energy security.
- Recent energy supply disruptions and price spikes had added urgency to efforts to tap potential offshore resources, he said.
Unverified
- MANILA: Philippine President Ferdinand Marcos Jr said on Friday (Aug 14) that there was a "distinct possibility" that the Philippines and China could undertake joint oil and gas exploration despite their long-running disputes in the South China Sea.
- Marcos told foreign journalists that progress was being made in talks with China as Manila seeks to bolster its energy security.
- Recent energy supply disruptions and price spikes had added urgency to efforts to tap potential offshore resources, he said.
Sources: CNA