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The Philippines is not currently engaged in joint oil and gas exploration with China, although such an arrangement is possible in the future to ensure energy security amid supply concerns due to the Middle East conflict, Manila’s top diplomat said Tuesday.
This developed after President Ferdinand “Bongbong” Marcos Jr. said in an interview with Bloomberg this week that he was open to restarting discussions with Beijing on a joint energy project in the South China Sea.
“Not at this point in…