The Department of Energy (DOE) over the weekend said it will study the decision and implications of the Supreme Court (SC) ruling that the Joint Marine Seismic Undertaking (JMSU) with China and Vietnam was void and unconstitutional.
In a statement, DOE Undersecretary Alessandro Sales said it will look into the decision, and coordinate with the necessary agencies on how to move forward with the ruling.
“The DOE will work closely with the Office of the Solicitor-General and the Department of Justice in determining the next steps to be taken on the matter,” he said.the JMSU in the Agreement Area in the South China Sea, as it allowed wholly-owned foreign corporations to explore the country’s natural resources.
The JMSU—which was entered into in 2005 and expired in 2008—was an agreement by the Philippine National Oil Company , the China National Offshore Oil Corp., and the Vietnam Oil Gas Corp., involving 142,886 square kilometers of the South China Sea.
The DOE last November amended a section of the implementing rules and regulations of the Renewable Energy Act of 2008,
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