Close  
  • share this

Trillanes bares ‘draft’ of China-PH pact for fuel search in South China Sea

By: - Reporter / @NCorralesINQ
/ 03:55 PM November 20, 2018

China has allegedly prepared a framework agreement to jointly explore oil and gas in the disputed South China Sea with the Philippines.

The alleged copy of the draft framework agreement, released by Senator Antonio Trillanes on Tuesday, did not cite specific agreements but only mentioned key principles.

ADVERTISEMENT

For one, it states the Philippines and China “have agreed to conduct joint oil and gas exploration in relevant sea areas in the South China Sea” and will establish “inter-governmental joint Steering committee and an inter-entrepreneurial Working Group.”

The committee, it noted, will be led by “the ministries of foreign affairs with the participation of relevant agencies, including energy departments of the two parties.”

FEATURED STORIES

The alleged copy of the draft framework agreement also claims that joint exploration, should be “conducted by the two parties and the outcome shall only be shared by the two parties.”

“The joint oil and gas exploration shall not affect the respective position on sovereignty and maritime rights and interests of the two parties,” it said.

Section 6 of the draft agreement mentioned about contract signing, saying working group will discuss the details of the joint exploration.

“The two parties’ entrepreneurs are to sign contract based on the discussion. The contract is to be performed upon ratification of the Committee,” it said.

“Any document, information or data concerning the joint maritime oil and gas exploration between the two parties shall be kept confidential, unless the two parties decide otherwise,” it added.

Further, the draft agreement states: “Any dispute consenting the implementation or interpretation of the agreement or any other relevant disputes shall be settled through friendly consultation by the two parties.”

Without prejudice to their respective position, “the two parties shall, based on the outcome of the joint exploration, make arrangements for relevant bilateral cooperation including joint exploitation,” according to the draft.

ADVERTISEMENT

“Any other matters shall be consulted and agreed upon by the Committee as well as the Working Group or through diplomatic channel,” it also said.

Malacañang, however, has not confirmed the existence of such framework. /kga

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: China, Global Nation, Local news, Nation, national news, news, oil exploration, Philippines, Philippines news updates, Rodrigo Duterte, South China sea, West Philippine Sea, Xi Jinping
For feedback, complaints, or inquiries, contact us.
lifestyle

Catriona Gray catches eye of supermodel Tyra Banks

December 16, 2018 09:52 AM

entertainment

Russian parliament runs rap song contest amid crackdown

December 16, 2018 09:41 AM

lifestyle

Holiday glitz

December 16, 2018 09:39 AM




© Copyright 1997-2018 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.