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China Open to Joint Oil Development
Topic Started: Jan 8 2013, 02:13 AM (3,827 Views)
shoot_to_kill
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Santi Kampilan
Jan 8 2013, 03:41 PM
raider1011
Jan 8 2013, 02:48 PM
^That's only to our advantage if they respect ours and international law in the first place. The danger is if they're just looking for an excuse to say "okay we tried to be reasonable so . . ." If they're that desperate for resources then what's stopping them from acting when they feel they're ready?

Ultimately this is our fault.
Well, true. No one can stop them. But the US can. But they are waiting for us to make a big mistake and use that as an excuse also (like PH sending a gray ship to scarborough) to accomplish their goal. But what was smart was for us to turn to uncle Sam right away. I think they are really afraid if they push it hard, Uncle Sam can easily make excuses such as relocating 4,000 marines to be displaced from Okinawa to Palawan or give us outright 48 F-16's and 6 Perry's or just even placing the big eye, the x-band radar in Wallace Air Station. The US is also waiting for them to screw up to give Uncle Sam a valid reason to reposition its assets.

highly plausible. hence we should play our cards right.
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Santi Kampilan
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Shoot_to Kill you have a valid point there as far as manning the rigs. It could give them a reason to protect the rig 'cause they're partners. That is something to worry about.

I was even surprised that China was controlling our power grid. Pnoy and Mar Roxas had to scramble to make sure that Filipino engineers were recently placed in key positions to make sure Chinese engineers does not have complete control and could not shut down the whole Luzon if we get into a shooting war with China. GMA couln't decipher what is of national security importance? I don't know who started this project. It's good that China invested but scary feeling. They actually got us by the bal_s if you ask me.
Edited by Santi Kampilan, Jan 8 2013, 04:24 PM.
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AVBsupersonic
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Why give them the chance to grow more powerful, why help them to fulfill their selfish mad ambitions to control the whole World while disrespectfully disregarding the rights of others???

THEY'VE ALREADY REACHED THE TOP AND THE WHOLE WORLD NOW KNOWS WHAT IT'S LIKE FOR THEM HAVING A LITTLE POWER, it's time to cut their head from growing, they've reached the top and the only way for them now is to go DOWN.

They are just trying to bait us and if we try to agree with 50/50 Joint Venture, it means we're giving them the chance to fortify their claims equal to us.

RECTO BANK area, SCAR SHOAL and even Mischief Reef are all part of the PHILIPPINES mainland EEZ territories under UNCLOS and until they LEARN to ACKNOWLEDGE all of these, we have to SAY NO!!!

This is the chance for the Philippines to turn things around, sooner or later their needs, demand for oil will catch up with them in order to keep their economy running up float, they will need us more later than we'll need them.

This is provided that the Philippines (and the rest of the World) from now on, should start to be cautious, (beware) of entertaining, using Chinese investors from or with connections from the mainland, especially the ones trying to invest in local big Energy Companies, Water Companies buying big shares, for they could use these sources to paralyze and control any Country that opposes them, for this is what they are trying to do all along, this is what's happening now to the World..
From the US debt, EU bail out, buying major shares, properties from the North(US) to South (New Zealand), East to West which are too many to mention, a new form of COLONIALISM???
:dunno:

Like I've said, JV in Spratly's KIG, given that there are multiple claimants it's ok, but in areas like RECTO Bank or Scarborough Shoal that we solely own as part of our MAINLAND EEZ Territories under UNCLOS, with rather deal with other Countries than China because of their vested interests, trying to claim, steal what is truly ours.
Edited by AVBsupersonic, Jan 8 2013, 07:08 PM.
"Some are just lucky that they're not under oath and are not classified!"- Blue badge
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shoot_to_kill
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Santi Kampilan
Jan 8 2013, 04:20 PM
Shoot_to Kill you have a valid point there as far as manning the rigs. It could give them a reason to protect the rig 'cause they're partners. That is something to worry about.

I was even surprised that China was controlling our power grid. Pnoy and Mar Roxas had to scramble to make sure that Filipino engineers were recently placed in key positions to make sure Chinese engineers does not have complete control and could not shut down the whole Luzon if we get into a shooting war with China. GMA couln't decipher what is of national security importance? I don't know who started this project. It's good that China invested but scary feeling. They actually got us by the bal_s if you ask me.
sanay naman tayo sa brwon/black out. kidding st aside, i did not know that mar was able to place some of our engineers, kudos for him.

yes, the problem started during the little girl's term when she allowed the chinks unhampered exploration of the whole Philippine territory(thanks to the s.c. they cancelled it they were a pro gma s.c. but when it comes to national integrity they always kick her arse including the bangsamoro jde- which is brilliant ), imagine panatag shoal wasn't even seriously visited by the chink cms, until recently they found out that it might have some oil and gas deposit.

freaking chinks

now they want mvp- a freaking known dummy as a front for the said cooperation

ot- for your information. yes - mvp is a dummy of a singaporean conglomerate doing business in the Philippines
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Santi Kampilan
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shoot_to_kill
Jan 8 2013, 11:29 PM
Santi Kampilan
Jan 8 2013, 04:20 PM
Shoot_to Kill you have a valid point there as far as manning the rigs. It could give them a reason to protect the rig 'cause they're partners. That is something to worry about.

I was even surprised that China was controlling our power grid. Pnoy and Mar Roxas had to scramble to make sure that Filipino engineers were recently placed in key positions to make sure Chinese engineers does not have complete control and could not shut down the whole Luzon if we get into a shooting war with China. GMA couln't decipher what is of national security importance? I don't know who started this project. It's good that China invested but scary feeling. They actually got us by the bal_s if you ask me.
sanay naman tayo sa brwon/black out. kidding st aside, i did not know that mar was able to place some of our engineers, kudos for him.

yes, the problem started during the little girl's term when she allowed the chinks unhampered exploration of the whole Philippine territory(thanks to the s.c. they cancelled it they were a pro gma s.c. but when it comes to national integrity they always kick her arse including the bangsamoro jde- which is brilliant ), imagine panatag shoal wasn't even seriously visited by the chink cms, until recently they found out that it might have some oil and gas deposit.

freaking chinks

now they want mvp- a freaking known dummy as a front for the said cooperation

ot- for your information. yes - mvp is a dummy of a singaporean conglomerate doing business in the Philippines
The reason I was mentioning the power grid is because these things, including the oil/gas rigs, are national security matters. If they have an inch of access or control then it should be a national security concern. Look at what US found out on China's telecommunication giants. Huawei and ZTE equipments are now being replaced by the US Defense Department after being tagged as a national security threat. http://online.wsj.com/article/SB10001424052748704353504575596611547810220.html
And we were going to allow ZTE/China to wire and provide broadband to the whole Philippines. I'm glad it didn't happen.

On the Power grid concern - http://www.abs-cbnnews.com/business/11/28/12/natl-grid-continues-expansion-despite-ph-china-rift

Tama ka. This Joint Venture need to be studied carefully. We should learn a lesson from their unplugging of the banana imports and their tourists coming to us. Look at Cambodia, they've pretty much annexed that state.

OT- MVP's boss are the Indonesians.Salim. Chinese-Indonesians http://business.inquirer.net/65503/mvp-mourns-passing-of-salim
Edited by Santi Kampilan, Jan 9 2013, 02:11 AM.
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icefrog
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Aquino open to joint oil dev’t of Recto Bank, but …

Quote:
 
President Aquino is open to the idea of a Chinese company joining an oil and gas exploration in Recto Bank in the West Philippine Sea (South China Sea) but says it has to comply with Philippine laws.

The prospective partner, China National Offshore Oil Corp. or CNOOC, has to recognize that Recto Bank is part of Philippine territory, the President said.

“We’re talking about Recto Bank here. We can’t split Recto Bank with them. Recto Bank is ours. If they want to join, why not? We’re open to investors but they should comply with our laws,” Mr. Aquino said in Thursday’s dialogue with Radio Mindanao Network reporters.

“We believe in our own laws, that there should be dispute resolution. It should be clear that [what] we’re getting into is ours and we will respect what is theirs,” he added.

Ma Keqing, the Chinese ambassador to the Philippines, said both countries should push ahead with a plan to explore oil and gas in Recto Bank, which contained potential reserves of 3.4 trillion cubic feet of gas and 440 million barrels of oil.

The first step, she said, was for both countries to clear CNOOC and the Forum Energy-led consortium of businessmen Manuel V. Pangilinan and Enrique Razon to sign an agreement to confirm and maximize the potential minerals in Recto Bank, off the coast of Palawan province.

The joint cooperation would be the best way for both countries, she said.


http://globalnation.inquirer.net/61547/aquino-open-to-joint-oil-devt-of-recto-bank-but
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icefrog
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If the Chinese are willing to acknowledge that Recto bank is PHL territory then we should be open for it. Looking for a win-win situation than just outright rejection or being firm/immovable on any negotiations is much better.

I question the logic of anyone that outright rejects such a move w/o weighing the pros and cons first. Too many movies, perhaps.
Edited by icefrog, Jan 14 2013, 04:56 PM.
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Uruzu
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Why not finding other partners that are not interested in grabbing Philippines's territory?

Like how Vietnam is partnering with Indian and Russian oil firms instead of Chinese state owned one?

Imagine China's face if Indian admirals say navy ships will be sent to the WPS to protect oil assets if necessary. Just like what they did last year.
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wily_pest
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Santi Kampilan
Jan 8 2013, 04:20 PM
Shoot_to Kill you have a valid point there as far as manning the rigs. It could give them a reason to protect the rig 'cause they're partners. That is something to worry about.

I was even surprised that China was controlling our power grid. Pnoy and Mar Roxas had to scramble to make sure that Filipino engineers were recently placed in key positions to make sure Chinese engineers does not have complete control and could not shut down the whole Luzon if we get into a shooting war with China. GMA couln't decipher what is of national security importance? I don't know who started this project. It's good that China invested but scary feeling. They actually got us by the bal_s if you ask me.
You should have total control of assets in the Phil. It is your country. If the grid is operated by Chinese, they should all be replaced by Filipinos, albeit, Chinese owned. Then give them cash for it and tell them to go fly a kite.

Anything that has strategic value must be controlled by Filipinos, with govt. clearance foreign owned or domestic as law of the land.

Will u let Chinks operate your Navy ships? Of course not.

Never vote for a president without business and world strategic savvy. You cannot afford it. It is your freedom that's in line my friends.

The good news is the Chinese is not using bullying tactic anymore as far as their oil and gas efforts. They recognize the bullying will not work and it sets a good Filipino president more riled up rather than capitulate like the "little girl". They seem to find the milt. build-up as a threat to their efforts.

The bad news is, the Communist will always be a Communist. They don't have an oz. of truth in them. Great care should be practiced when dealing with demons, that's if u really have to.

BTW, if the Phil. is only getting 10% cut from their oil and gas, how much is the rest of the world getting? Time to set up Haymie Bondong (Filipino James Bond) and the rest of MI-6 in action to get the right information.
Management of many is the same as management of few. It is a matter of organization. Sun Tzu
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PinoyAko
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From Sir Willy:
"The bad news is, the Communist will always be a Communist. They don't have an oz. of truth in them. Great care should be practiced when dealing with demons, that's if u really have to." :thumbsdown: This is true, as I always said 99.9% of their words are the opposite of their action.

and from Uruzu:
"Why not finding other partners that are not interested in grabbing Philippines's territory?
Imagine China's face if Indian admirals say navy ships will be sent to the WPS to protect oil assets if necessary. Just like what they did last year." If forum energy can partner to other company/countries, well i think it is better, so that we have peace of mind. my 2 cents.

The good point here, PNOY stand did not soften, it is Philippines territory,then they comply/abide to our existing laws, hence it is recognition of China to our sovereignty. :patrioticpinoy: :salute:
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