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Global Energy

Asia Pacific

ASIA PACIFIC

  • SOUTH CHINA SEA: Philippines President Rodrigo Duterte has lifted the moratorium on petroleum exploration in the South China Sea, paving the way for three projects to resume energy-related activity in the area (which had been suspended from 2014 due to territorial disputes). The Philippines said the decision to lift the moratorium was arrived at “with full regard of the ongoing negotiations between the Philippines and China.

SOURCE: REUTERS

 

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