27 February, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile





mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato
e-mail this to a friend printable version


» 03/15/2005
CHINA-PHILIPPINES-VIETNAM
Beijing, Manila and Hanoi strike deal over Spratleys' oil

Manila (AsiaNews/Agencies) – The China National Offshore Oil Corporation, Philippine National Oil and Vietnam Oil & Gas have agreed to conduct a seismic survey of the Spratly Islands, a group of 100 reefs and islets located in the South China Sea.

The survey is scheduled to last three years and should determine whether there are any oil and gas reserves in the area, Eduardo Manalac, president of state-owned Philippine National Oil, said.

Mr Manalac said the companies involved, which have already cooperated in the past, were still working out the budget for the pre-exploration activity, but that it would be shared equally. He described the agreement as a purely "commercial transaction that has no reference to political claims or territorial rights".

A spokesman for Filipino President Gloria Macapagal-Arroyo hailed the deal as "a model-setting approach on the South China Sea issue and on forging partnerships on energy security".

The area is claimed by China, Vietnam, Taiwan, the Philippines, Brunei and Malaysia.

Mainland China and Vietnam, both of which have built permanent structures in the Spratlys, clashed over the islands in 1988 and 1992.

Last week, the Philippines and Vietnam announced plans to conduct scientific research in the waters around the islands next month. The move was criticised for not respecting the principles enshrined in the ASEAN declaration on the South China Sea signed two years ago that forbids construction on the islands.


e-mail this to a friend printable version

See also
06/04/2011 VIETNAM - CHINA - PHILIPPINES
Vietnamese take to streets against Beijing’s incursions in the South China Sea
04/01/2014 PHILIPPINES - CHINA
South China Sea: Manila calls on UN to stop Beijing
03/11/2014 VIETNAM
Vietnam, the Philippines and Malaysia find common ground against Beijing's "imperialism"
by Paul N. Hung
07/20/2011 ASEAN – PHILIPPINES – CHINA
Spratly Islands: no agreement at ASEAN summit as Philippines flexes its muscles
06/18/2014 VIETNAM - CHINA - UN

Top Chinese diplomat in Vietnam for talks to ease tensions in South China Sea 


Editor's choices
EGYPT - ISLAM
What Tayeb and Sisi said is big step towards a revolution in Islam
by Samir Khalil SamirThe grand imam of Al-Azhar slammed literalist interpretations of the Qur'an and the Sunnah, as fundamentalists and Islamic terrorists do. He supports the urgent need for Islam's reform, especially in terms of teaching lay people and clerics. He also calls for an end to mutual excommunication (takfir) between Sunnis and Shias. Egyptian President al-Sisi chose to fight the Islamic state group after it beheaded 21 Coptic Christians, whom he called "Egyptian citizens" with full rights.
SAUDI ARABIA - ISLAM
For head of Al-Azhar, religious education reform is needed to stop Islamic extremismFor Ahmed al-Tayeb, it is urgent to come up with new educational programmes to avoid "corrupt interpretations" of the Qur'an and Sunnah. Islamic terrorism undermines the unity of the Muslim world. He blames Mideast tensions on a "new global colonialism allied to world Zionism". a speech by the Saudi king is read at the conference.
HONG KONG - CHINA - VATICAN
It looks like someone is trying to shout us down
by Card. Joseph Zen Ze-kiunThe widespread optimism concerning the dialogue between the Holy See and China is largely groundless. Some Chinese bishops unable to speak freely are asked "leading" questions. The key issues remain unresolved, namely episcopal appointments and the fate of the Chinese Catholic Patriotic Association. Benedict XVI's Letter to Chinese Catholics, also cited by Pope Francis, provides guidelines. No agreement is better than a bad agreement. What happened to Msgr. Cosma Shi Enxiang and Msgr. James Su Zhimin? Hong Kong's bishop emeritus, champion of religious freedom in China, delivers a vibrant reflection.

Dossier

by Giulio Aleni / (a cura di) Gianni Criveller
pp. 176
Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.