Energy ministers from the Association of Southeast Asian nations held their first meeting since the adoption of the ASEAN connectivity plan to discuss energy security efforts to foster the realization of a single regional community by 2015.

There is a need to boost infrastructural connectivity to open new market opportunities, bolster overall energy security, facilitate energy trade, and promote a robust East Asian energy connectivity, said Mohammad Yasmin Umar, Minister of Energy of Brunei Darussalam, during the 29th ASEAN Ministers on Energy Meeting, which he chaired.

During the conference held in Jerudong, Brunei Darussalam, in mid-September 2011, the participants agreed to the following:

  • Find ways to increase renewable energy sources and new energy technologies to ensure the region’s continued resilience and growth amid increasing energy challenges.
  • Develop a high-performing institution within the region to provide options and strategies in the building of a coherent, coordinated, and focused energy agenda.
  • Build a stronger cooperation among ASEAN member-states and with the region’s external partners to facilitate more oil and gas trading within the region.

A memorandum of understanding was also signed between Maria van de Hoeven, executive director of the International Energy Agency, and Dr. Surin Pitsuwan, Secretary-General of ASEAN, affirming IEA’s support for ASEAN’s research and capacity building, and its assistance in implementing the association’s energy objectives under the ASEAN Plan of Action on Energy Cooperation.

 

Photo by Arthur Chapman


 

 

You May Also Like

Cagayan de Oro identifies top customs payers

International food manufacturer Nestle Philippines, Inc. and oleochemical manufacturer and distributor Pilipinas Kao, Inc. were named as major contributors to the 2015 total revenue…

South Korea group wins right to build new Myanmar airport

Myanmar has awarded to South Korea’s Incheon International Airport Corporation (IIAC) the right to build a new international airport near its main city as…

Plastic waste shipped back to HK

The Philippines on June 3 sent back to Hong Kong a shipment of waste products that came into the country through Mindanao Container Terminal…

General cargo giving strong push to airfreight expansion

Air cargo volume growth in Asia-Pacific has posted double-digit increases for four months in a row, as May showed a formidable year-over-year increase in…