23 May, 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
ASIA
Vigil for persecuted Christians, our teachers in the mission in the West
by Bernardo CervelleraThe "wall of indifference and cynicism" and the silence and apathy so often denounced by Pope Francis have become almost a fortress. Such persecution reflects confessional manipulation, which slams Islam as such, and ideological manipulation, which forgets what is happening in North Korea or China. An increasingly post-Christian Europe seems disinterested in Christians.
RUSSIA – CHINA
Moscow Patriarchate: China authorises the ordination of Chinese Orthodox priests on its territory
by Marta AllevatoMetropolitan Hilarion, the Moscow Patriarchate’s ‘foreign minister’, made the announcement after a visit to China where he met the leaders of the State Administration for Religious Affairs. The first priest should serve in Harbin. Two more ordinations are expected. With a new Cold War as the background, the Moscow-Beijing strategic alliance also has a Church connection with the People's Republic recognising the latter’s 'political' role in Russia.
VATICAN
Pope: We and the four new saints, witnesses of the Resurrection "where forgetfulness of God and human disorientation are most evident "Francis proclaims four religious sisters saints: one French, one Italian, two Palestinians: Maria Alfonsina Danil Ghattas, the foundress of the Sisters of the Rosary, and the Carmelite Maria of Crucified Jesus (nee Maria Bawardy). Mahmoud Abbas, President of the Palestinian Authority present. "Abiding in Christ" and cultivating “unity among us" are essential signs of witness. Maria Bawardy, "instrument of encounter and communion with the Muslim world".

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.