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Philippines says China oil talks moved forward despite South China Sea row

The government also confirmed a provisional understanding with Beijing on resupply missions to the BRP Sierra Madre at Second Thomas Shoal, while noting the talks gained prominence as oil prices rose amid the Middle East crisis.

Reported · Written up by our desk · Trade & Tariffs

Philippine President Ferdinand Marcos Jnr said talks with China on joint oil and gas exploration have “moved forward,” signaling hopes for a deal before he leaves office in mid-2028, even as maritime tensions continue in the South China Sea, according to SCMP Economy.

Marcos said he confirmed for the first time a “provisional understanding” with Beijing over resupply missions to the BRP Sierra Madre at Second Thomas Shoal, adding that this would not amount to Manila seeking China’s permission or surrendering sovereignty.

He also said the Philippines intends to keep economic engagement with China and drew a distinction between the maritime dispute and broader bilateral ties, while ruling out allowing US forces to use the country as a military launch pad against China in a Taiwan contingency.

Marcos noted that discussions on potential joint oil and gas exploration gained prominence amid the Middle East crisis that has sent oil prices soaring, according to SCMP Economy.

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