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Philippines Hopeful Xi Visit Brings South China Sea Energy Deal

  • Duterte’s energy chief optimistic of China deal in November
  • Exploration work halted three years ago due to territorial row

Philippine Energy Secretary Alfonso Cusi is optimistic that a deal to jointly explore disputed areas of the South China Sea for oil and gas will finally move forward when President Xi Jinping visits next month.

Terms for an agreement between the Philippines and China may be finalized during Xi’s visit, Cusi said in an interview in Singapore. The government is also discussing lifting a ban on exploration in contested waters imposed by President Rodrigo Duterte’s predecessor, which thwarted a potential venture between PXP Energy Corp. and China National Offshore Oil Corp.