Oil exploration talks revived in Palau

By Bernadette H. Carreon

Proponents behind the efforts to drill exploratory oil and gas wells in one of Palau’s outlying states are reviving the plan, optimistic that the administration of President Surangel Whipps Jr. will back the project.

On May 20, members of the Kayangel State legislature approved the extension of the license of Palau Pacific Energy Inc. to drill exploratory wells in Velasco Reef.

Velasco Reef is located in the northernmost part of Palau. It is a known sanctuary for wildlife,  and a seabird and turtle nesting area. It has . . .

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