Asean May Start Oil Reserve Scheme with Select Countries, Says Investment, Trade and Industry Minister
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2 Articles
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.…
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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