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Oil Exploration Activities Up
- By The Financial District
- Jul 17, 2021
- 1 min read
Department of Energy (DOE) Secretary Alfonso Cusi said one of the gains of the country from The Hague ruling in 2016 was that the country pursued oil and gas exploration in the West Philippine Sea.
Last October, President Rodrigo Duterte lifted the moratorium on oil and gas exploration in the West Philippines after the late former President Benigno Aquino III suspended exploration activities in the West Philippine Sea due to tensions with China over the disputed waters.
Cusi said his office has endorsed the awarding of three new petroleum service contracts located in the West Philippine Sea to the Office of the President, according to a PNA report.
“These activities are concrete and explicit forms of the enforcement of sovereign rights consistent with our real gains in the South China Sea Arbitral Award,” Cusi said in a statement Friday.
He added the service contracts are all in the exploration stage, which activities include studies of the geological and geophysical characteristics of the area and the conduct of on-site survey and drilling activities.
“The DOE is consistently monitoring the progress of each project and ensuring that the service contractors' commitments are being fulfilled,” Cusi said.
