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Philippines may soon own vast gas-rich area

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BENHAM’S RICHES The Philippines is the only claimant to 13 million hectares of an undersea region that contains huge natural gas deposits.

The Philippines will gain 13 million hectares in additional territory, an area slightly smaller than Luzon, should the United Nations approve next year the government’s claim on a region off the coast of Isabela and Aurora, Environment Secretary Ramon Jesus Paje said on Monday. Paje said the undersea region, called Benham Rise, could turn the [...]

Posted: August 16th, 2011 in Editors' Picks,Featured Gallery,Headlines,Nation,Photos & Videos | Read More »

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