Philippine Foreign Minister said that the right to invited foreign development in the South China Sea, the tender will not delay

by · March 1, 2012

Figure: Philippine Foreign del Rosario the information Figure: , del Rosario, Philippine Foreign

the Philippine Daily Inquirer, February 29 reported, del Rosario, Philippine Foreign Secretary, on the 29th to ignore China’s territorial claims again said that the Philippines have the right to invite foreign companies to the west coast of the Philippines and the West Philippine Sea (in China known as the South China Sea) waters between the exploration of oil and natural gas resources. Philippines Department of Energy also claimed that on the 29th, the tender of 15 oil and gas blocks being launched will not have any delay “, and confirmed that” There is no Chinese companies to participate.

Philippine Energy Secretary Alberto door las said on February 27, northwest of Palawan Island, Philippines, two Chinese side put forward territorial claims on the oil and gas blocks belonging to the Philippine territory, foreign oil exploration in the waters and natural gas. The Philippine government will next month be issued to investors in exploration and service agreements, but did not specify whether China put forward territorial claims of the two oil and gas blocks in the service agreement will be presented in the first round.

Philippine official did not announce the list of tenderers. Manila News Corp. access to industry documents show that bidding firms for the U.S. and European companies, including Eni, Italy, France, gas Suez Group.

Philippines Department of Energy, 29, claimed about 36 Filipino domestic and foreign firms have expressed interest in participating in the 15 oil and gas blocks development. Layue Ge, Vice Minister of the Philippine Department of Energy, said that as of noon on the 29th, there is no Chinese companies to submit prequalification documents, and the related submission process deadline at 17:00 pm the same day. He also said that Chinese companies can still set up joint ventures with the successful enterprise to participate. The

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