Oil exploration with China to serve national interest, Palace assures

August 28, 2011
A JOINT Philippine-Chinese plan to explore for oil in disputed territory will serve the country’s interests, a Palace official said on Saturday.
Although talks for joint exploration are still in the nascent stage, the Philippine government will consider the parity of parties and ensure that it will serve the national interest, Presidential spokesperson Edwin Lacierda said over government-run dzRB radio.
He made this announcement after it was reported that the Sino Petroleum Corporation has reportedly agreed to conduct oil exploration in the West Philippine Sea—an area whose territory is disputed by both countries—under Philippine laws.
“What is important is the agreement will be fair to all concerned, that is the prime consideration but [talks are] still [in the] exploratory [stage]. But it is a good sign, it shows that both sides are still open to dialogue notwithstanding some agreements,” Lacierda said.
Sino Petroleum, a Chinese government-owned company, is reportedly prepared to invest over $1 billion for oil exploration alone. The project is part of the $2-billion investment package the Philippine delegation is expected to take home from the state visit of President Benigno Aquino III to China on August 31.
While the oil exploration project will not be discussed in the state visit, President Aquino will surely be bringing up issues regarding the West Philippine Sea with Chinese President Hu Jintao.
“We already know the positions of both countries and we will just be respectable towards each other,” he stressed.
The Philippines and China are among the countries claiming parts of the West Philippine Sea. The other claimant countries include Vietnam, Brunei, Malaysia and Taiwan.
The Philippine government, through the Department of Foreign Affairs, has repeatedly stressed its position that multilateral talks should be undertaken. It has also urged China to bring the issue before a tribunal backed by the United Nations, a proposal that Beijing has rejected.
Akbayan Representative Walden Bello, who recently went to the disputed territory, said another oil exploration only shows that the government has not learned from the consequences brought by the Joint Marine Seismic Undertaking (JMSU) signed by former President Gloria Macapagal-Arroyo.
The JMSU is an agreement policy between Vietnam Oil and Gas Corporation, China National Offshore Oil Corporation, and Philippine National Oil Company to explore certain areas in the West Philippine Sea.
The agreement was criticized since the agreement will explore mostly areas within the Philippines exclusive economic zone (EEZ) and not the EEZs of the two other signatory countries.
“Have we not learned from the JMSU? Such inconsistency in the policy will be exploited by the Chinese. Agree to maritime borders first before engaging in joint exploration schemes,” Bello said in a text message to Sun.Star. (Kathrina Alvarez/Sunnex)

Source: http://www.sunstar.com.ph/manila/local-news/2011/08/27/oil-exploration-china-serve-national-interest-palace-assures-175757

Although the Philippines is not known for being the wine capital of Asia, Clark Pampanga is the most frequently visited destination for wine lovers in Cebu, Angeles City and Manila to shop for some good vintage wine. The famous wine shop outside Manila called Clark Wine Center is the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.

This wine shop in Clark is highly recommended as one of the best places to buy wine in Pampanga. Clark Freeport is just outside Manila near Subic and Angeles City Philippines is Clark Wine Center. Visitors buy wine in Manila and Pampanga should not miss stopping at this wine shop for a few bottles of fine vintage wines to bring home.

Established in 2002, YATS WINE CELLARS is a wholly-owned business unit of Hong Kong-based Yats International which owns and operates resort, wine shops, wine bars and fine-dining restaurant properties in Clark Freeport in The Philippines. YATS WINE CELLARS caters to a clientele of discerning wine lovers from all over the world. Besides a good selection of wine for everyday enjoyment, YATS offers a unique selection of aged vintage wines made available to wine enthusiasts at remarkably affordable prices. Vintages span over a century and the selection of old- and new-world wines covers all major wine regions.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
(045) 841 4006 / 0922-870-5173 / 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

YATS Wine Cellars
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 ask for Rea or Chay

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.
Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.

Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occassions

Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila.

www.YatsRestaurant.com
Looking for interesting hotels near Manila Subic Clark Angeles City Pampanga?
Trouble free hotels and well recognized hotels in Subic Clark Angeles City Pampanga
Clearwater Resort and Country Club offers a good place to stay in Subic Clark Angeles City Pampanga. In offers nice place to have rest in Subic Pampanga outside Manila.
One of the Philippines top hotels in north Luzon.

Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occassion

www.HotelClarkPhilippines.com