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| China Open to Joint Oil Development | |
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| Tweet Topic Started: Jan 8 2013, 02:13 AM (3,826 Views) | |
| Ayoshi | Jan 18 2013, 01:45 PM Post #31 |
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Related News... Philippine group says China firm vital for gas project ph.news.yahoo.com A Philippine consortium insisted Thursday a gas project in the disputed South China Sea could only work with the involvement of a Chinese firm, otherwise Beijing could make things difficult.
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| AVBsupersonic | Jan 18 2013, 06:16 PM Post #32 |
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While the idea of a possible joint explo with China is being laid down on the table, yet it seems like a hidden gun is pointed at us at the same time..? We can defer exploration plans for "Recto Bank" for the mean time, but guard it 24/7 at all cost. -If the quickest way for the meantime to have a more effective WPS task force right now is to "Lease" MRF's and Warships, then do it... Should we really entertain this one right now or with rather wait, concentrate and prioritize on increasing our AFP's capability first, to the fullest and not just modest?? Meanwhile, let's get those Italian, S.K. and other Military contracts acquisitions signed ordered and sealed. (clock is ticking) The Philippines can give priority first to explore other areas which has no territorial disputes, namely contracts like, SC 37 (Cagayan), SC 43 (Ragay Gulf ), SC 47 (Offshore Mindoro), SC 57 (Calamian), SC 58 (West Calamian), SC 59 (West Balabac) and SC 63 (East Sabina?)and generate income from all of these projects, then use part of the funds to acquire state of the art Military Equipments and weapons at the same time to fund and revive SRDP, (local) warship building etc... After achieving all of these plans and projects, then we can face those (greedy bully) chinx head on and explore our own resources in WPS territories without hesitation.
Edited by AVBsupersonic, Jan 18 2013, 06:36 PM.
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| "Some are just lucky that they're not under oath and are not classified!"- Blue badge | |
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| shoot_to_kill | Jan 18 2013, 06:51 PM Post #33 |
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10 percent, yes cause it wholly owned by the Filipino the government only gave rights to the lopez- the lopez paid for the rig and material plus they still need to pay corporate tax on top of that the ten percent share and each employee in those rig need to pay taxes. the ten percent is only the raw share of the government. plus the government can out rightly commandeer those rig under the contract if they choose to (highly unlikely to happen). furthermore the PHILIPPINE GOVERNMENT has a say where the gas from malampaya would be sold too, hence if need be it can be redirected for the use of our country. NOW IMAGINE IF AN INTSIK OR A DUMMY OF AN INTSIK COMES INTO THE PICTURE BY DISGUISE OF JOINT COOPERATION... will we still have the terms as stated above? the chinks can't develop the area cause they don't want to stir up the hornets nest, cause they know it's not theirs and they just cant waltz in like they did before since the u.s. and japan is already noticing them.(again the term i used is DEVELOP) hence they're asking for our permission by the guise of joint development... i will agree to this if all those people manning the rig will be natural born FILIPINO citizen and the security of the area would be given to the PN-AFP NOT TO AN INTSIK |
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| AVBsupersonic | Jan 18 2013, 07:20 PM Post #34 |
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Maybe those top people in PH who are pushing hard for a Joint Explo devt. with China (CNOOC) are all compromised, to think that there are other contracts without hassles available for development...?? Much better to defer and reserve it for the time being, get back into it when we're ready to explore/ develop and are able to protect this project on our own. |
| "Some are just lucky that they're not under oath and are not classified!"- Blue badge | |
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| Uruzu | Jan 18 2013, 07:30 PM Post #35 |
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Did they learn from Japan? 2008 China and Japan signed an agreement to develop the oil fields in ECS jointly. A year later China ignores Japan's protests and developed oil fields in the ECS on her own. And recently China submited to UN a report that her ECS maritime borders extends all the way to the coasts of Okinawa. People never learn. |
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| ganymede09 | Jan 18 2013, 09:20 PM Post #36 |
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somebody should give mvp a bonk on the head. his goal to make profits from recto bank asap is clouding his judgment. very disappointing for someone of his stature. i remember a news article a few months ago when vietnam being repeatedly bullied by the chinks along comes India to the rescue, they apparently have a joint stake in the petro fields with vietnam and Indian warships were sent to protect their interests. Now supposing recto bank is jointly developed with the chinks, who would stop them from sending their navy in the guise of protecting their interests like when a contract dispute arises. As implied from the previous posts hindi pwedeng diplomatic protests lang ang gagawin pag in physical possession na ng PROC ang area at platform. And in the philippine military's current state what assets does it have to prevent this? Dapat no opening or excuse should be given for the chinese to take advantage of and establish their presence on Recto. Patience is needed now but with mvp's seeming singlemindedness to commence operations and obliviousness to potential consequences, its outright frustrating with those statements coming from him. Businessman lang siya in the end no matter how great he is at it, country should come first. I hope masabon siya ni pnoy sa mga pinagsasabi niya. Edited by ganymede09, Jan 18 2013, 09:27 PM.
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| LET'S RAISE OUR MIDDLE FINGERs TO THE MIDDLE KINGDOM. | |
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| pachador | Jan 19 2013, 01:50 AM Post #37 |
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to be safe its ok as long as they only invest money, but their personnel , rigs should not be there and they should acknowledge our sovereignty over recto bank, a practical way to prove this is that the tax and royalties should go to the philippine government just like malampaya. Edited by pachador, Jan 19 2013, 01:52 AM.
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| wily_pest | Jan 19 2013, 11:18 AM Post #38 |
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in fact, even better- the chinese should just stay away completely. if they want to be able to purchase any of the phil. resources from oil, gas, metal ore etc. they should clean up their act 1st by acknowledging phil. ownership of its eez and move all their ships and platformed tents away. |
| Management of many is the same as management of few. It is a matter of organization. Sun Tzu | |
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| wily_pest | Jan 19 2013, 11:20 AM Post #39 |
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the question is- how much is the rest of the world getting from their oil and gas whether its flip owned operation or foreign. |
| Management of many is the same as management of few. It is a matter of organization. Sun Tzu | |
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| raider1011 | Jan 22 2013, 10:50 PM Post #40 |
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China Wants It All And Will Fight For It January 20, 2013: The government has told oil companies to hold off on drilling for natural gas off Reed bank. This is within Filipino territory but China threatens to use force to prevent drilling. Two years ago China interfered with Philippines supported oil exploration in Reed Bank, which is considered part of the Spratly Islands. This exploration work was done 230 kilometers off the coast of the Philippine's Palawan Island, which is well within the internationally recognized EEZ (Exclusive Economic Zone) that extends 380 kilometers from the coast. China considers itself the owner of the Spratleys and has been increasingly aggressive in enforcing that claim. China admits that it had research ships in the area and makes it clear that any oil exploration or drilling activity in waters claimed by China will be at risk of interference by Chinese ships and aircraft. This alone is enough to scare off most oil companies. The Chinese strategy is to make it difficult for other nations to fish or search for oil and gas in the disputed waters. China will then offer to negotiate and share the economic benefits. The other nations will probably be offered some fishing rights in waters of the EEZ of each nation neighboring the South China Sea but China will keep all the oil and gas outside each nation’s territorial waters (22 kilometers from the coast). China is assuming that no nation, including the United States, will confront China with military force in these matters. China itself will use military force sparingly. "Illegal" oil exploration or fishing, for example, will encounter Chinese civilian ships and a few small military ships, that "accidently" destroy fishing nets or disrupt oil exploration activities. This will, as it has in the past, involve "accidental" collisions with the offending ships. Any use of force against the offending Chinese civilian ships will be met with force by Chinese warplanes and warships. Strategy Page Their tactics are nothing new. Talagang it's our fault for acting like this would never happen. |
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God grant me the courage not to give up what I think is right even though I think it is hopeless. || Chester W. Nimitz Loyalty to the Nation ALL the time, loyalty to the Government when it deserves it. || Mark Twain | |
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Maybe those top people in PH who are pushing hard for a Joint Explo devt. with China (CNOOC) are all compromised, to think that there are other contracts without hassles available for development...?? 
8:54 AM Jul 11