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ASEAN members to integrate LNG bunkering in APAEC strategy

06 Sep 2019

The 37th Association of Southeast Asian Nations (ASEAN) Ministers on Energy Meeting (AMEM) held on 4 September in Bangkok has revealed plans by its members to implement liquefied natural gas (LNG) bunkering for the current ASEAN Plan of Action for Energy Cooperation (APAEC) 2016-2025 plan.

APAEC, the blueprint for energy sector cooperation between ASEAN countries, is implemented in two phases:

  • Phase I covers the period 2016-2020 and consists of short to medium-term measures to enhance energy security cooperation and to take further steps towards connectivity and integration.
  • Phase II covers the period 2021-2025 and will be developed based on the progress of Phase I implementation. 

The ASEAN Council on Petroleum (ASCOPE) has conducted a study on LNG bunkering and presented the results and recommendations at the recent AMEM meeting.

“Following the Gas Advocacy White Paper endorsed at the 36th AMEM in 2018, which identified key recommendations to promote the use of natural gas and LNG in the region, the Ministers welcomed the results of the follow-up study on Small-Scale LNG and LNG Bunkering in ASEAN conducted by ASCOPE,” said the statement.

The main recommendations of the ASCOPE study were to:

  • Improve the readiness of small-scale LNG plants and import terminals across the ASEAN, including capacity/capability building
  • Improve public awareness for and communication of the benefits and possible role of LNG in the ASEAN energy mix
  • Introduce regulatory reforms including market pricing, cost-reflective tariffs, open access arrangements, and environmental regulations
  • Introduce regional cooperation including establishing common gas market, knowledge-sharing and adoption of common standards

“The Ministers looked forward to ASCOPE further detailing these recommendations through specific initiatives such as a small-scale LNG pilot project in the region and to incorporate the recommendations of the Gas Advocacy White Paper into the strategies of the forthcoming APAEC Phase 2,” it continued.

The current country members of ASEAN are Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei Darussalam, Vietnam, Laos, Myanmar and Cambodia.

Photo credit: ASEAN
Published: 6 September, 2019

 

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