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00:00.0
Jay, let's talk about the other flashpoint.
00:02.6
We talked about Panatag-Sol,
00:04.1
pinag-usapan natin ng Ayungin-Sol to a certain degree.
00:07.0
Yung Reed Bank naman,
00:08.3
anong mangyari dyan?
00:10.1
Kasi mukhang mag-energy crisis na tayo
00:12.7
at sinusunod tayo dyan.
00:15.3
Well, actually, I'm still waiting
00:17.0
for what happens next
00:18.6
when it comes to Reed Bank
00:19.4
because I had heard that the Philippines
00:22.6
will be resuming its petroleum exploration
00:24.6
which service contract I wasn't sure.
00:27.4
Parang hindi niya masabi.
00:33.8
I mean, they're supposed to do it
00:35.4
within the summer of this year
00:37.5
in order to make progress.
00:39.5
I know we're towards the end of our episode
00:40.9
but can you give an executive-executive briefer?
00:45.3
Ano itong Reed Bank issue na ito?
00:47.5
At anong difference ng service contract
00:49.2
sa joint development or joint exploration?
00:51.5
Just for people who are not familiar
00:52.7
with the technicalities of that.
00:55.1
Reed Bank is a large area
00:59.9
It is known to have
01:01.8
three times the amount of natural gas
01:05.2
And we were supposed to have developed it already.
01:08.9
Kasi it should have started way back in 2010
01:12.4
yung development ng reserve doon.
01:14.0
And it would have replaced
01:15.5
the Camagong Malampaya Reserve
01:18.1
which is now beginning to run out.
01:21.4
There are several service contracts there.
01:23.6
The one that is directly over Reed Bank
01:27.2
Which is subcontracted basically
01:33.0
But there's also SC-75
01:35.2
and a couple of others
01:38.6
which are due for exploration.
01:42.4
Yung sa Reed Bank...
01:43.8
Sir Jay, sino mga companies involved?
01:46.0
Sinong companies involved?
01:48.2
Private companies, public companies?
01:51.7
Private, I remember
01:53.4
aside from Felix Mining,
01:57.3
which is an Australian company.
01:59.9
P&OC has a stake as well.
02:02.4
I forget the one in the south.
02:04.1
But there's one na ano,
02:06.3
Sinok, the Chinese National Oil Company
02:09.5
together with P&OC.
02:13.4
Kailan pumasok yung Sinok?
02:17.9
No, no, even before.
02:19.1
Ah, sumatagal pala yung Sinok doon.
02:23.1
I didn't know that.
02:23.7
But they haven't been able to move forward
02:29.9
with participation of Sinok,
02:32.9
one of those guys
02:33.5
and then China could have,
02:36.9
it's a joint exploration
02:38.4
pero sa totoo lang service contract.
02:39.7
We could have done that, right?
02:42.8
The one with Sinok
02:43.8
is actually within
02:45.0
archipelagic and territorial waters,
02:47.4
northern Palawan.
02:48.5
So, hindi na i-dashline?
02:49.9
Hindi na kini-claim yun.
02:52.0
So, walang problema yun
02:53.1
from their perspective
02:55.1
or from their side.
02:56.0
Ang problema nga lang
02:58.1
is that during Digong's time,
02:59.3
they tried to spin it
03:00.9
as joint development,
03:05.8
as what they wanted to do
03:08.2
But these are completely
03:09.2
different situations.
03:11.7
So, it's not a proper comparison,
03:14.6
It didn't correspond.
03:17.0
we had all these contracts,
03:19.4
service contracts
03:20.2
doon sa West Philippine Sea
03:21.8
around RID Bank, etc.
03:25.1
they were placed under moratorium
03:28.6
for a very long time.
03:29.8
They were not being implemented.
03:32.6
if you're the oil company,
03:33.6
this is supposed to be an investment.
03:35.7
If you're the country
03:36.7
like the Philippines,
03:37.5
this is supposed to contribute
03:38.7
to your energy security.
03:39.8
So, you need to develop it
03:40.9
as soon as you can.
03:43.2
Yun yung hinihintay natin ngayon.
03:44.8
This summer, supposedly,
03:46.4
they were to resume
03:47.5
on one or another contract.
03:50.4
wala pambalita sa ngayon.
03:53.4
intentionally, no?
03:54.3
My understanding,
03:55.7
we don't talk about.
03:57.7
better don't talk about
03:59.5
is probably happening.
04:02.6
Thank you very much for that,
04:03.8
Professor J. Badambakal.
04:05.5
I want to do a little bit
04:06.7
Ezra Klein style here.
04:08.3
What are the three,
04:09.9
top three readings,
04:11.6
writings of yours
04:13.6
you recommend for people
04:15.1
to know more about
04:15.9
the technicalities?
04:17.8
like the way you write,
04:20.1
and a lot of your works,
04:22.7
for my own academic
04:25.4
including recently
04:26.1
I had a piece with
04:26.7
the Diplomat Magazine
04:27.4
looking at the origins
04:28.3
of Philippine claims.
04:30.3
your work together
04:33.5
Professor Aileen Baviera,
04:35.3
the fantastic professor,
04:36.8
a great inspiration
04:38.4
So, I can vouch na
04:39.7
pag binasa ka nila,
04:41.5
hindi ito nosebleed,
04:43.3
na yung mga lawyerly,
04:45.8
Actually, it's very friendly.
04:48.6
maybe your own works
04:49.6
or other works na
04:50.5
pwede basayan yung mga kababayan natin
04:52.3
para mamulat sila
04:54.1
dun sa technicality?
04:55.0
The reason I'm saying that,
04:56.1
marami mga overnight expert
05:00.9
na kaapon singer,
05:03.6
ngayon on-close expert na,
05:06.7
saan galing ang ano nito.
05:09.3
so that hindi tayo
05:13.6
propaganda na yan,
05:15.3
what should they read?
05:17.6
basics is yung primer
05:20.6
Although it's a little bit outdated
05:21.7
because we wrote it 2013.
05:23.4
Actually, I've been meaning
05:25.0
with the development
05:29.0
probably enough time
05:29.9
for that update, no?
05:31.3
So, that's Primer
05:32.1
on the West Philippine Sea
05:33.1
from a Filipino perspective.
05:34.8
It's available online.
05:35.8
It's free online.
05:43.4
well, I would recommend
05:44.2
actually Greg Poling's
05:45.6
Dangerous Grounds
05:46.5
because it covers
05:48.3
both the Philippine side
05:50.0
and the U.S. side,
05:52.5
West Philippine Sea
05:53.2
and South China Sea disputes.
05:54.1
It provides a good
05:56.2
historical background
05:59.1
that's another one
06:05.8
dun sa East-West Center
06:07.9
I think was also very useful
06:09.0
because it looked at
06:09.7
the history of America's
06:10.7
strategic ambiguity,
06:13.2
The Kissinger-Nixon
06:14.1
Doctrine of Strategic Ambiguity.
06:16.5
Do you have a more,
06:18.8
piece ka on that,
06:19.5
but do you have a longer
06:20.3
piece na people can
06:23.3
I'm trying to remember.
06:29.1
Manila Studies Journal,
06:31.8
where that's available.
06:35.2
in a Taiwanese publication.
06:38.6
that one I don't think
06:39.5
is available online.
06:45.7
Philippines vis-a-vis
06:52.6
protecting our claims
06:54.8
Kalayang Island Group.
06:57.6
Those I think are
06:58.4
good recommendations.
07:05.2
Mabini or someone
07:06.2
who has inspired you?
07:07.0
Ako, Isabela de los Reyes
07:08.1
because as a senator,
07:09.1
he was kind of involved
07:10.0
in West Philippine Sea,
07:11.4
Pushing for our claims there.
07:12.7
Ikaw, is there an
07:14.7
writing from that era
07:16.1
that also inspires
07:22.2
actually, I don't.
07:27.4
Actually, I don't
07:31.1
na yung Rizal Mares
07:32.1
to get inspiration
07:34.8
Actually, I go back
07:36.2
to the old writings
07:40.5
more as a fallback.
07:45.7
for the West Philippine Sea
07:46.9
and South China Sea
07:48.2
and I got interested
07:49.5
in the love of the sea,
07:51.6
learning new things
07:57.0
that was what drove me
07:58.0
to learn more about it.
08:02.3
at a certain point then,
08:04.3
interest ko in history
08:11.7
really centered on
08:12.5
any particular...
08:13.4
Is there a specific essay
08:15.6
that you go back to?
08:18.3
one way also to appreciate
08:19.3
Marizal yung radical
08:21.9
I think it's very,
08:22.7
very easy and accessible
08:24.4
and affordable always.
08:26.1
Is there a particular
08:27.8
that you go back to
08:29.4
to refresh yourself
08:30.6
intellectually, spiritually?
08:32.7
The Philippines in 100 Years.
08:38.4
I think we have to have
08:39.2
a separate discussion.
08:41.2
on the spot today.
08:41.9
I know you were just here
08:42.8
to discuss yung marites
08:45.1
But yun na naman,
08:45.6
gusto ko na abuso yun
08:46.5
kasi ang dami mong
08:47.2
ma-share at masabi.
08:49.1
thank you very much
08:52.5
Talaga inabuso kita
08:53.3
lahat ng dimensions.
08:56.8
Maraming salamat, sir.
08:58.2
and talk to you soon.
