South China Sea: Philippines urged to explore gas reserves, or risk losing them to Beijing
“This is actually a battle of who can get the natural resources because the exclusive economic zone (EEZ) is about exploitation of natural resources, and we are running out of gas in Malampaya,” Carpio told ABS-CBN News on Wednesday.
Malampaya, the country’s largest natural gas field, is in Palawan, a province facing the South China Sea.
“The only replacement is the Reed Bank, and we have to start developing now,” Carpio said.
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