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Asean Pushes Power Grid, Framework Agreement on Petroleum

Summary by Inquirer
CEBU, Philippines — President Ferdinand Marcos Jr. said the Philippines pushed for the operationalization of the Association of Southeast Asian Nations (Asean) Power Grid and the expedited ratification of the Asean Framework Agreement on Petroleum Security (APSA), both aimed at securing energy supply as the 48th Asean Summit concluded on Friday. In a press statement, Marcos said these are among the urgent, interrelated issues he advanced as chai…

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The 48th round of the Association of Southeast Asian Nations (ASEAN) summit is being held in the shadow of the war in the Middle East and will focus on energy security and food supply. The summit began today (Thursday, May 7) in Cebu, Philippines, with the participation of leaders, foreign ministers and economists from 11 member countries and will continue tomorrow, Friday. Reuters reported that the main agenda of the summit is focused on the wa…

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Business Times broke the news on Wednesday, May 6, 2026.
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