The biggest deposit of natural gas and other minerals were reportedly found in the Philippines.
BIGGEST DEPOSIT – The deposits of natural gas and other minerals were reportedly discovered in Cagayan Valley, Philippines.
Based on the report of Puerto Galera Online Community Journal, it was through the joint research of Japan and South Korea that the minerals and natural gas deposits were discovered in the Cagayan Valley Region.
The said research was supported by the Department of Science and Technology (DOST).
There were actually six types of mineral gas at an island in Luzon according to the Japan Agency for Marine-Earth Science and Technology (JAMSTEC) and Korea Institute of Ocean and Science Technology (KIOST) based on the report.
Also, the JAMSTEC noted that the estimated deposit of the platinum is bigger than that of Russia which is just 1,100 in metric tons. It goes above 2,000 metric tons.
The United Nations Convention on the Law of the Sea (UNCLOS) has approved on April 2012 the claim of the Philippines over the Benham Rise or the Benham Plateau.
Several studies was conducted for the past years by the different agencies of the government which led to conclusions that a vast deposit of solid methane can be found in the underwater plateau.
Some scientists who are part of the aforementioned researches administered are Filipinos.
Now, countries like China and America has shown interest of also conducting a marine research on the Benham Rise measuring for up to 13 million in hectare.
Benham Rise is an undersea plateau rich in resources, aside from the massive deposits of methane in solid form, situated at the east of Isabella in the Pacific ocean.
The Philippine President Rodrigo Duterte has given commands to the Armed Forces of the Philippines (AFP), Navy, Army and the Philippine Coast Guard to monitor and protect the said area.