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China-Philippines relations
This Week in AsiaOpinion

Asian Angle3 reasons Marcos’ South China Sea energy gambit won’t work

The Philippine president has mooted the idea of joint oil and gas development. China is willing, but history shows this road leads nowhere

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An aerial drone photo shows China’s Deep Sea No 1 energy station in the South China Sea off Hainan province in April last year. Photo: China National Offshore Oil Corporation/Xinhua
Ian Storey
Due to its dependence on Middle Eastern oil, the Philippines has been hit harder than any other Southeast Asian nation by the closure of the Strait of Hormuz. But President Ferdinand Marcos’ suggestion that the crisis could rekindle talks with China on joint energy projects in the South China Sea faces three insurmountable challenges: the Philippine constitution, a trust deficit between Manila and Beijing, and Philippine nationalism.
In a media interview on March 24, Marcos floated the idea that the energy crisis might provide “impetus” to stalled talks between the two countries on joint development of oil and gas resources in the South China Sea. Earlier the same day, he had declared a national energy emergency as the country faced the prospect of running out of fuel.

The executive order empowered his administration to prosecute fuel hoarders, introduce measures to mitigate rising fuel prices and provide social welfare to those suffering the hardest from the energy crunch.

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In its desperation to secure oil supplies from alternative sources, the Philippines quickly turned to two countries with which it has strained political relations: Russia and China. The Marcos administration condemned Moscow for its 2022 invasion of Ukraine. China and the Philippines have a long-running territorial and jurisdictional dispute in the South China Sea.
A worker checks a drill on the Kantan No 3 offshore oil platform in the northern waters of the South China Sea. Photo: Xinhua
A worker checks a drill on the Kantan No 3 offshore oil platform in the northern waters of the South China Sea. Photo: Xinhua

But was Marcos’ suggestion just an offhand comment or a serious policy proposal?

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