Regional energy chiefs converge amid crisis
ASEAN, through this immediate convening, continues to engage in consultation and coordination to address developments affecting regional energy security.
PHOTO courtesy of ASEAN/FB
Daily TribuneASEAN, through this immediate convening, continues to engage in consultation and coordination to address developments affecting regional energy security.
PHOTO courtesy of ASEAN/FB
An ad hoc preparatory meeting and consultative session were held with the Association of Southeast Asian Nations (ASEAN) Dialogue Partners on Sunday to prepare for a Special ASEAN Ministers on Energy Meeting (AMEM) focused on recent developments in the Middle East and their impact on regional energy security.
Undersecretary Felix William B. Fuentebella, the Philippine Senior Official on Energy and chair of the ASEAN Senior Officials Meeting on Energy (SOME), stressed the need for timely coordination amid global and regional market uncertainties.
“ASEAN, through this immediate convening, continues to engage in consultation and coordination to address developments affecting regional energy security,” Fuentebella said.
During the session, dialogue partners provided updates on current energy supply conditions and discussed potential areas of cooperation, including supply diversification, access to energy resources, market transparency, and emergency response coordination.
Technical briefings covered global oil and gas market conditions, including supply route constraints and shifting trade flows that affect the region.
Improved monitoring systems
ASEAN member states highlighted the need to strengthen monitoring systems, improve data transparency, and advance strategic stockholding and emergency reserves, while taking national circumstances into account.
Fuentebella acknowledged the contributions of the Dialogue Partners and welcomed their continued support for regional energy security efforts.
Senior officials also reviewed ongoing regional measures, such as the implementation of the ASEAN Framework Agreement on Petroleum Security and progress toward the ASEAN Power Grid for energy interconnectivity.