Philippines weighs China energy deal in disputed South China Sea, says Beijing pledged won’t occupy new territory

August 15, 2017 4:55 PM

MANILA (BLOOMBERG, REUTERS) – The Philippines is considering potential ways to jointly develop oil and gas resources in the South China Sea with China, which has assured the Philippines it will not occupy new features or territory in the contested waterway, Philippine Cabinet ministers told a parliamentary hearing on Tuesday (Aug 15).

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