00:00 The Philippine National Oil Company should be strengthened,
00:03 said former Energy Undersecretary Eduardo Manalac.
00:06 For now, it is not fully utilized.
00:09 It can be used to extract the natural resources
00:13 that are possibly under the West Philippine Sea.
00:16 The Department of Energy has yet to comment on this.
00:19 The National Task Force on the West Philippine Sea
00:22 and Bureau of Fisheries and Aquatic Resources of BIFAR
00:25 have said that the government plans to build a gas field there
00:28 like the Malampaya Gas Field.
00:30 An international defense and security analyst
00:34 warned China when the Philippines started
00:37 its oil and gas exploration.
00:39 According to the Chinese embassy,
00:41 their position is that joint exploration
00:45 should be done by the Philippines and China.
00:48 [Music]
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