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China Open to Joint Oil Development
Topic Started: Jan 8 2013, 02:13 AM (3,826 Views)
Ayoshi
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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.

Quote:
 
The Philippine government has awarded the Forum Energy consortium the exploration contract for a potentially huge gas field off Reed Bank in waters at the centre of a fierce territorial row between Manila and Beijing.


<snipped>

Quote:
 
The consortium opened talks with state-run China National Offshore Oil Corp. (CNOOC) last year, and its head insisted on Thursday that it was negotiating solely with the Chinese group to be a partner in the mega-project.

"I think at the moment, the discussion would have to centre between the two of us," tycoon and consortium leader Manny Pangilinan told reporters.

"We don't want to be talking to anyone apart from CNOOC at this stage. We want to make that clear," he said, adding that it was "because of China. That is the reality we have to deal with".

He said: "I believe China will employ all sorts of tactics -- to charm you, to bully you."
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AVBsupersonic
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Quote:
 
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.

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. :armycool:
Edited by AVBsupersonic, Jan 18 2013, 06:36 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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wily_pest
Jan 15 2013, 04:23 AM
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.
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
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:dunno: 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
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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
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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.
LET'S RAISE OUR MIDDLE FINGERs TO THE MIDDLE KINGDOM.
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pachador


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
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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
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shoot_to_kill
Jan 18 2013, 06:51 PM
wily_pest
Jan 15 2013, 04:23 AM
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.
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


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


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.

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Their tactics are nothing new. Talagang it's our fault for acting like this would never happen.
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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