Multi-Billion PH Oil and Gas Deposit in West Philippine Sea | China Wants to Control
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- Опубліковано 27 гру 2023
- The U.S. Energy Information Agency estimates that the South China Sea holds about 190 trillion cubic feet of natural gas, and 11 billion barrels of oil, in proved and probable reserves. Most of which lie along the margins of the South China Sea, rather than under disputed islets and reefs.
While the U.S. Geological Survey in 2012, estimated that there could be another 160 trillion cubic feet of natural gas, and 12 billion barrels of oil undiscovered in the South China Sea. Beijing’s estimates for hydrocarbon resources under the sea are considerably higher but still modest in relation to China’s overall demand- where the country’s oil consumption in 2018 is expected to top 12.8 million barrels per day.
This year, the Washington-based Asia Maritime Transparency Initiative reported that several countries are pursuing new oil and gas development projects in those contested waters, which, the organization notes, could become a flashpoint in the disputes.
Between 2018 and 2021, there were numerous standoffs between China, Vietnam, the Philippines, and other Southeast Asian countries over drilling operations in disputed areas of the South China Sea, and fears are building that even more severe confrontations lie ahead.
Fresh conflicts in the South China Sea may arise as claimants - excluding the Philippines - push ahead with oil and gas projects in areas Beijing claims, according to a new report. Data from the US-based Asia Maritime Transparency Initiative, detailed claimants’ new offshore projects, many of which lie inside China's sweeping nine-dash line claim, including sites where confrontations previously took place.
According to Think Tank, With the China Coast Guard increasing the frequency of patrols across disputed waters, the prospect of confrontation between Chinese law enforcement and oil and gas operators at many of these locations is high. China, Vietnam, Malaysia, and Indonesia have moved forward with their energy exploration and development projects, while the Philippines continues to suspend all such ventures in contested waters - a policy adopted in 2014.
According to the report, Manila is the only claimant not developing hydrocarbon resources on the portions of its continental shelf covered by China’s nine-dash line. Manila briefly permitted exploration at Reed Bank last spring, but quickly shut it down amid challenges from the China Coast Guard.
The Philippines has a reasonable expectation that China will more forcefully block new work in the Reed Bank than it does elsewhere in the South China Sea.
Without access to more promising prospects, Philippine operators have turned to redeveloping the Cadlao oil field, an old concession that sits outside of China’s nine-dash line claim, and that last produced oil in the early 1990s. It noted, that Cadlao currently has an estimated five million barrels in reserves - much smaller than Reed Bank’s estimated five billion barrels of oil and 55 trillion cubic feet of gas.
The Recto Bank (also known as the Reed Bank), is the major gas exploration prospect that is being placed in the middle of a menacing diplomatic strife in the West Philippine Sea.
Recto Bank, a significant feature for the Philippines holding immense potential for the country’s energy security and economic growth, stands as a focal point in this rising concern over China’s recent behavior. China has been critical of the Philippines’ growing security ties with the US, calling the United States a threat to regional peace after the Marcos government gave it increased access to military bases under their 2014 Enhanced Defense Cooperation Agreement.
The Department of Energy has conveyed to Congress that President Ferdinand Marcos Jr. has given the go-signal to oil and gas exploration and drilling activities in the country, including at the disputed waters of the West Philippine Sea. The Recto Bank, which is covered by Service Contract 72 previously issued by the Department of Energy, is the major gas exploration prospect that is being placed in the middle of a menacing diplomatic strife in the West Philippine Sea.
The Philippines has been lagging behind Southeast Asian peers when it comes to extracting indigenous oil and gas resources - as neighboring countries like Indonesia, Malaysia, Thailand, and Vietnam have been successful in transforming their state-owned oil companies as petroleum powerhouse, not just in the region, but also on the broader global sphere.
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my patutunguhan na ang ating bAnsa,, salamat PBBM
The goverment should protect our resources in our own water. Do not let the china to penetrate even to attempt entering with their fishing boat.
As ASEAN country we are against you Philippines for bringing American to Asia . Where ever American is , there is war , destructions and suffering .
Pag ang ating gobyerno patulog tulog sa pancitan talagang uunahan ng china yan tandaan ninyo .
Let's now explore and exploit the Reed Bank deposit don't delay ...go...go .PH onward to progress 👍🇵🇭
The Philippines should ask helps from allied countries to secure the sorrounding so that can start the drillings
As long as you pay them they will work for you.
Respect the international law...wps is for Philippines only period.
Mao na ang China gusto mocontrol sa WPS tungod sa oil. The PH government must assert its sovereign rights.
God protect and save the Philippines from China's evil's doing. GOD blessed the PHILIPPINES. 🇵🇭♥️
🙏🙏🙏❤️❤️❤️
Yes oh God please in the name of Jesus save the Philippines 🇺🇲💖🇵🇭
In Jesus Name..!..Amen!!
The Phil govt should start drilling our natural resources in WPS,but the Phil and US Navy presence in the area is important
They cant because they were blaockey and water cannon and the worse they send a war ship in the sea just like a chrismas convoy they shadow by a warship and CCG we have no rigth now on the area because of aquino admin. And trillianes the traidor
@@SUPERPOWERCHINA_Yes , I always buy a new wife every year for only $700 dollars each.
I also use many Chinese dating apps to get freelancers for only $30 short time. China is the best
@@SUPERPOWERCHINA_how about your super china is a territory grabber? Are you also denying about that issue?
@@SUPERPOWERCHINA_ Yes superpower china and China is spreader of illegal drugs,fake products,viruses.😂😂😂
China could cast any country into darkness, not through explosive blasts, but by manipulating the lights out with sophisticated computer tactics. Today’s China has the power of bringing down any military instantly with the click of a button. 😮
Drill na po ninyo huwag kayo matakot sa china dahil sa atin teritoryo. Call alliend Japan and US.
Yes tularan ang Indonesia, Vietnam at Malisia. Sakali pigilin by force edepensa ang pag drill at humingi tulong sa pag papatrolya ibang Allied country, pag nasimulan yan makuha titigil din mga yan. Dating araw may kaya na tayo bantayan sarili nating bakuran sa pagpapatuloy pag upgrade depensa na Pinas.
Walang karapatan ang mga ganid na mang-aagaw na yan. Gutom na kasi mamamayan nila kaya sa kahirapang nangyayari sa pamahalaan nila kaya mga praning na mang-agaw sa mga bansa at lugar nagaaagaw. God Bless the Philippines.
Lord protect our PBBM and our Nation against China, against Aroyo and against Dodirtys.
Lord does not protect traitor .
Ur pbbm is taking u to war and become the poorest on earth hahaha
Alright!
This is what it's all about.
Greed!
China would not bother you if you have not sold your country to America . You will be the tool for America .
YA CCP ?
Not only oil but a mountain of gold hiding in 3 provinces...😅
America will take it to the US .
Richest Country In The World
PBBM LANG ANG SAKALAM,, ,💪💪💪💪💪💪🤛🤛🤛🤛🤛🤛
Tama ang sinabi ni Apo Macoy na ingatan ang perang pambili ng mga patrol ship na galing sa kinikita ng Malampaya gas sa WPS sa ngayon sana ay marami na tayong barkong pangtangolsa wps...ang kaso di nila ibinibili ang kinikita ng malampaya gas kundi ito ay malamang na nawawala lang..
Did Xi offer the Philippines partnership with the Philippine oil and gas? If it’s theirs, why would he offer co-ownership or partnership with Philippines? Why would the Philippines accept China’s offer. The Philippines already won at Hague’s International ruling - no 9 dash lines. But China now adds more lines. Is it a way to negate the 9 dash lines ruling by saying it’s 10? It’s mocking the Philippines and the international community, I think.
Your absolutely correct!
The thing is before it begin they bullying us water cannon our ship push away our fisher men that why we dont accept it because the caution effect is they are the lier they say so but in the end they are a traitor...
Our pressident talk to xi but they never listen they just warn us to stay away in the sea as they own the world
Xi was offering Ph 60/40 in favor of Ph.
China would provide all the dirty works meaning the technology, exploration, extraction, equipments, manpower, etc.
Ph would just get their 60% every month.
Wasn’t that a fair deal better than what any Western offer can provide? ARAMCO template is 70/30 in favor of ARAMCO.
There actually were talks between the Duterte govt and China on this deal to push through until the USA torpedoed it especially under BBM which cancelled all China projects under Duterte.
So why would Ph agree on 30% when it could get 60%??
That is a puzzlement. 😂😂😂😂
Because of Duterte xi 7s playing games with stupid ex president.Foe his personal interest..
Hague court has no credibility because the judges were paid and handpicked by US.
I love that this would move the Philippines out of poverty, maybe not fully, but decently.
Wow! To this video
Estimates of oil and gas in South China sea is not guaranteed until they dig it out.
if you dig enough there is always oil
MAKE THE PHILIPPINES GREAT AGAIN 💖💖
That's ridiculous that the Philippines is the only country that in not doing oil and gas exploration because of controlling China. The Filipinos deserve to also have better lives . the natural resources of their own country. They should start drillin
The fact that you have to make up a new term "West Philippine Sea" exposed your position's weakness ;)
Until I see it, I have serious doubts that the oil & gas are actually there or recoverable in cost-effective quantities. Though not as treacherous as artic or Europe's North Sea weather, much of the region will still require deep sea platforms. And it is arguable more valuable to the Philippines and Vietnam as a fishery to feed their people. For that reason alone, the nine douche line of China should be rejected, by force if necessary.
A good rejection by force! But both Vietnam and the Philippines are small potatoes who have no force. In view of the sea within China's nine douche line is largely an international property, called the High Sea, I think the force must be provided by the international community.
It belongs to Philippines
This is maybe the main reason why China is very much interested on the WPS!But that is greediness!
Exactly china is greedy grabbing our territory because of gas and natural resources in our sea
Good news for pilipinos .thakyou asean analgetic for exploring this.for the future of Philippines. Pres.BBM be great again
The whole world knows that is rightfully and legally belongs to the Phillippines! China stay out, you have no business in the West Philippine Sea! Dont be a fool!
the whole world knows there is no territorial waters called WPS, there is just a waters called south China sea.
The only f00l is u 😂
They might use the resources to support their armaments for their plan to invade Taiwan. it's all connected though
Us pls, help the pH to xplor oil in wps,
Make a drill to be a middle power
The Philippines should also start exploring its potential massive oil and natural gas reserves on the eastern side of the country facing the Pacific Ocean.
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Let us not enter any agreement with china
Why not just stop buying china made phone ?
Can't afford others ? Ha ha ha
Haleda.❤. God's willing.
Chinese government bully 😡😡😡
Hayaan mo n cla(instik) tubig lng yan-digongduwag
Tubig nlng ang sa china satin nlng un oil at sa pilipinas nmn tlga yn
Go go Philippines start building Permanent structures Big Salute to the President PBBM
Lalaban Tayo sa china kasama natin Ang Dios sa israel Hindi Tayo pababayaan ng panginoon🙏🙏🙏
😍😍😍 ONE BIG PARTICULAR AREA...IS THE SULU SEA AREA....PHILS. HAS ONE LNG PLANT IN OPERATION FOR QUIET SOMETIME NOW....WE TO WELCOME And INVITE AT LEAST MINIMUM OF THREE PLAYERS TO DRILL.....OUR GOVT. MUST MAKE THEIR DECISION FAST.....NO MORE DELAYS.....FOR THE PAST ++70 YEARS NOTHING HAPPENED FOR OIL EXPLORATIONS....NOW WE HAVE TO OPEN IT UP....FOR OTHER PLAYERS TO COME....❤❤❤❤❤❤❤❤❤❤❤
Go ahead explore the areas w/in our own territory & ignore China.
That is exactly China’s intention.
No amount of idiotic excuses would further them away from their nefarious and wily intentions.
that is WEST PHIL SEA not china sea they dont have right to control.
Kailangan bago ang lahat paalisin muna ang mga chikwa sa ating West Philippines Sea
China wants to control also the oil in natuna sea but indonesian navy coastguard and navy fight together to depend their territory
NO NO NO, the Philippine Sea West or East if it is inside the territorial waters of the Philippines recognized by the UNCLOS and the UN it belongs to the Philippines not China got it NOT CHINA!!!!
As Du30 say china will decline and say it just a piace of paper no one will stand agaisnt china because they have russia and north korea and the next the whole world
And say welcome WWIII 😂😂😂😂
@bryandecarlolabor9260 And the US has UK or England,Japan,South Korea,Germany,France,Italy ,Australia,Ukraine,Philippines,Canada, all NATO Allied Forces,
@@bryandecarlolabor9260 WORDS of a COWARD! Being Brave DOESN'T mean WAR! BUT being able to PUSH and DEFEND OUR RIGHTS! THAT is What our Current Administration is Doing! UMALIS na DAPAT ang mga DUWAG at MAHIHINA ang LOOB!
@@jessier3602 who do you think you are? look at the Ukraine. Philippine's status wouldn't be better than Ukraine if there is a war between China and Philippine
@@pipiqiqi4010 completely different scenario. Ukraine is not a NATO member yet and not even a defense treaty to the us or uk. pH has a defense treaty with the us for more than 30 years. Don't get it mixed up
Philippines should have awarded the contract to drill these waters to a USA base oil conglomerate.nLet the US Navy protect and guard the assets.China would stop bullying it wouldn't mess with the USA. Unfortunately some of the Philippine politicians are already bought by CHINA. They would never allow it. Also these rich Chinese Filipino businessman who controls oil industries in the Philippines don't want abundant oil it would drop the prices down and less profit for them. So they are holding out the drilling.
Every Blessings from God must be shared for those in need. May Peace and Love fill the world in Jesus Mighty Name. To God be all the Glory.
Im not afraid to die peace no war we love all peaple
All chinese possible projects in the philippines should be kicked out in the philippines
Loool simple right why not stop selling ur agriculture like bananas and durian to China? Oh I heard 5 billion worth of ph bananas is now blocked by Chinese customs cos of scs tensions...haha I pity ur farmers
Oh and why not stop using China phones ? Hahaha
Just summon Uncle Sam because this oil needs democary. 🤣
CORRECTION MR. billion of barrel of oil is NOT belong to SCS ITS BELONG TO WPS ..UNDERTOOD .
And yet u can't drill it ha ha ha
If the Philippines had stayed a US state it would be one of the more wealthy states.
😂 Philippines is US colonies. Not an equal partners with the US.😂
🇺🇲💖🇵🇭
HINDI PWEDE. ATIN ITO. PHILIPPINES OWNS IT.
CHINA, HINDI KAMI NAKIKIALAM SA INYO. LEAVE US ALONE.
The Philippine Government is nothing but talk talk talk and NO moves😊
I really hate shell. They monopolize and expect and it will be still expensive. I want the true contractor on oil depot operation with govt to govt agreement rather than this big oil player to operate.
Dapat nga UNAHAN na agad nai DRILL na natin ang OIL at GAS
xi jinping stay away from my teretory.
xi jin pign ... you are so hungry...
Philippines is the only country in SEA nation to do not rely heavily on their oil, bec of this chuynise bullies, it is far more harder do rely on that sheat load of OWN LAND OIL
For The Philippines! 💖👍👊
It doesn't belong to china if its not in there waters then it isnt theres
I dont know why Philippines are not starting to drill Lumalakad ang kalabasa naii
God bless our beloved President Ferdinand R Marcos Jr.
#PROTECT PHILIPPINE EXCLUSIVE ECONOMIC ZONE AND PHILIPPINE PROPERTIES !MABUHAY PILIPINAS
Thanks for this video.❤❤❤PH
Dapat siguro tambayan na natin ng battle ship ang bawat isla natin
Siguro mas magandang basahin ang title nito kung " Oil & Gas deposit in West Phil Sea china wants to control" kc nasa loob siya ng EEZ ng ating Bansang Pilipinas
Nice
Naiiwan ang bunga
Installed reinforced concrete boredpiles ,3 meters in diameter with Philippine flagpole may serve as boundery monument at West Philippine Sea.
Now THIS vould be FUN!
Ito" Ang Malaking best Accomplished in the Philippines.At walang iba Ang naka gawa Karangalan Ng Pilipinas Kundi.Ang atin Pangulo Ferdinand Romualdes Marcos Jr. Salamat po. Sa lahat Ginawa mo para.Sa atin Bansang Pilipinas.
The edca sites is follow is growing right now
Let's protect our land and sea wag pa bully
The China's imposition of his will is unacceptable to International Base Order in accordance to UNCLOS LAW BY WHICH CHINA IS A SIGNATORY. CHINA MUST ACCEPT THE REALITY THAT HE MUST CONFORM TO THE UN MANDATE,. I HOPE CHINA MUST UNDERSTAND THE TRUE MEANING OF LOVE.
The US should close the West Philippine Sea for shipping. We don’t need more Chinese rubbish!
For long, China has argued that its claim over the South China Sea is historical in nature. Several Chinese analysts and academics contend that the islands of the South China Sea were first discovered by China’s Han dynasty more than two millennia ago.
Accordingly, Chinese missions in the third century A.D. to Cambodia made accounts of the Paracels and Spratlys. Then between the 10th and the 14th century, during the period of Song and Yuan dynasties, Chinese accounts show the South China Sea to be within China’s national boundaries.
Reference: “Philippines Historical Map Backed its Claims in the West Philippine Sea"
You can easily defeat China's historical claim by asking China to explain the word "first". How did they know they were the first to discover a whole sea? The Chinese might have been swimming there 10000 years ago. How did they know they were the only swimmers 1000 years ago? How they knew there were no other swimmers 100 miles away at the same time? Or how do they know many people from many places were swimming there millions of years ago?
Other Chinese historical claims concerning the Paracels and the Spratlys can easily be defeated by the new law UNCLOS. When China voluntarily joined this very law, China agreed to the delimitations made by the law. All the delimitations have rendered China's historical claims to the Paracels and Spratlys void and null.
You people should be well read of the UNCLOS, which is a very sharp weapon.
NO to Chineses
bbm bbm,usa usa
This is the bigining of prosperity.
The US should close the West Philippine Sea from shipping. We don’t need more Chinese rubbish.
Paracel Islands are in Vietnam
Spratly Islands to the Philippines
How china claiming that island very far in china and very close to to Philippines.
🇵🇭⛽️⚓️🇺🇸🚦
Wow,
OPIC,&
ROP.
Philippines must prioritize drilling in the non contested part of the country. Thence move toward modernization of it's defense capabilities And stablish alliances with friendly Nations
Why some politics blame Philippines if ever third world war may happen? Why they can not blame China, that even now they are in intense of grabbing territory of the Philippines? WHY!!!!!!!?????? That the attitude of China for their own good is always in favored. WHY??????
Kasakiman lang Ang Kay XI Jing ping kaya kahit Hindi kanya, pilit na angkinin.
Mag drill na agad agad wala ng sat sat ours is ours please do it now na
Who are you😊😊😊😊😊😊to till😊😊😊😊😊😊
umpisahan na huwag puro dakdak baka maunahan pa ng mga tsekwa.
Amin yan! Hindi nyo makukuha.wlang magagawa ang bff mong dudirty hari.😂😂😂
What's the use of hyping the 2016 PCA's ruling?
After 7 years, the situation remains the same. Not legal binding. No one is authorized to enforce the ruling.
Sa pinas po iyan Bakit gustong ko trolling ng china , teretorio nating , dapat umpisahan na agad , hingi tulong sa Mayayaman bansa
Bear with us general mc arthur
Ang tagal ba?puro kuro kuro
Kailan pa natin pakikinabangan ang resources na yan? Iniintay paba nating sakupin pa tayo ng tsina? Panahon na para tayong mga pilipino ang makinabang nyan
Yung importante myrun pulvuron bahala n kyu mag explore Dyan 😂😂😂
Dapat po gayahin natin ang chekwa lahat ng reef na atin ay tayuan ng permanent base nandiyan naman ang USA at Japan at iba pang allied country natin pang may mga base na tayo pwede na tayo thrilling ng ating likas yaman ano pa hinihintay natin pasko katatapos lang ng pasko maghihintay na naman ba tayo na pasko kilos na gising na.
China : now this is my land 😂😂😂😂😂
China is big country ph is small
I think china should make it 12 dash line to satisfy their greediness..😂
Owned by phil