Wednesday, August 1, 2012

Oil prospects claimed by China is offered up by Philippines

Finally the Philippine government has done something wise about the claims of China.  It has offered out the oil prospects claimed by China that is within the territorial waters of the Philippines.  Oil exploration here would be done by foreign oil exploration companies because hardly any local company could do it.  If China interferes or harasses these companies they will have to deal with the country of these nationalities.

The countries of these nationalities will defend them and the Philippines. The exploration is well within the territorial limits of the Philippines, recognized and accepted by the companies' countries.  Should China meddle with their exploration and threaten them, it would obviously be an aggressive act against those nationalities provoking their countries and the Philippines.

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