Marcos Floats Possible Fuel Reserve for Emergency Supply Among ASEAN Countries
4 Articles
4 Articles
Marcos floats possible fuel reserve for emergency supply among ASEAN countries
President Ferdinand “Bongbong” Marcos Jr. on Friday said that member states of the Association of Southeast Asian Nations (ASEAN) are planning to put up a fuel reservoir that the region could use in times of emergency.
Asean may start oil reserve scheme with select countries, says investment, trade and industry minister
CEBU, May 7 — Asean may consider bringing in the private sector to help realise the newly-mooted oil stockpiling framework aimed at strengthening the region’s long-term energy security and preparedness.Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said the idea for the oil stockpiling framework was raised during one of the Asean meetings he attended here today.“I do not think that the government (itself) can execute this.…
Malaysia not selling oil to Asean members as it still imports 400,000 barrels daily, says minister
Facebook Twitter LinkedIn Threads WhatsApp Telegram Johari assures that the Malaysian government is currently still able to maintain the RON95 petrol price at RM1.99 per litre. – Bernama photo CEBU, PHILIPPINES (May 7): Malaysia does not sell oil to other Asean member states as the country is still importing about 400,000 barrels of crude oil per day, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. He said although Ma…
Investment, Trade and Industry Minister Johari Ghani said the framework aims to enhance the region's energy security and preparedness for the long term. (Bernama photo) CEBU: Asean needs to take steps towards establishing a practical framework for oil stockpiling to enhance the region's energy security and preparedness for the long term, said Investment, Trade and Industry Minister Johari Ghani. He said this was among the key issues discussed wi…
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