PHILIPPINES OFFERS CHINA OIL
The Philippines on Friday launched a tender for exploration rights in 11 oil and gas blocks, including one in a disputed area of the South China Sea that is likely to fuel further tension with China.
China claims virtually all of the South China Sea and is already involved in a dispute with Manila over a Chinese fishing boat that was seized this week in the Spratly Islands on suspicion its crew was poaching protected turtles species.
Beijing is also in the middle of a stand-off over an oil rig it has moved into waters claimed by Vietnam.
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