Robin hopeful over 'discussions' on joint PH-China oil exploration in WPS
Senator Robinhood "Robin" Padilla has high hopes on the possible oil and gas exploration activities in the West Philippine Sea (WPS) after learning of reported discussions for joint exploration with China in the contested area.
There is no time to lose for the Philippines to discover and exploit such resources due to the possible shortage of energy supplies in the coming year, he stressed.
”Sana po magkaroon ng positibong (resulta) yan (I hope there will be positive results)," Padilla said at the hearing of the Senate on the proposed 2023 budgets of the National Power Corp. (Napocor), Philippine National Oil Co. (PNOC), and Power Sector Assets and Liabilities Management Corp. (PSALM).
He pointed out that the foreign policy of President Ferdinand "Bongbong" Marcos Jr. that the Philippines would be "friends to all (and) enemy to none" would be a big help.
At Friday's hearing, Padilla asked PNOC Exploration Corp. Vice President for Upstream Jaime Bacud if there was any development about the President's pronouncement favoring a joint exploration with China.
Bacud replied that as far as he knows, there might be talks on the matter involving the Department of Energy (DOE).
"Ang hope namin na maayos po yan (Our hope is that this will be ironed out)," he said.
On Thursday, Padilla disclosed that when he and some fellow senators met with Chinese Ambassador Huang Xilian recently.
One topic was the joint exploration for gas and oil in the WPS.
Padilla authored Senate Resolution (SR) No. 9 calling on the President to resume discussions for joint oil and gas exploration in the WPS.
He said Huang informed them that China would be open to talks about joint exploration in the WPS, and that it "will remain ready to coordinate with us to resolve issues there".
Meanwhile, PNOC President Jesus Posadas said there may be a chance of avenues opening for the Philippines to receive "help" from other countries like Iran when it comes to oil supply.
"It’s the President’s move today that as per his principle of 'We are friends to everybody and enemies to none,' I think that will open up a different venue," said Posadas.
"Napakagandang balita noon (That is good news)," replied Padilla, who said he had spoken to representatives of Iran last year and was told that Iran was ready to help supply oil to the Philippines.