ASEAN to set up oil stockpiling working group; ASEAN+3 moves forward on plans to develop nuclear power
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  • The energy ministers' of the Association of the South East Asian Nations (ASEAN) at their annual meeting in Bangkok on August 7 decided to set up an oil stockpiling working group along with Japan, South Korea and China. The group would focus on energy security at a time when the region's oil imports were rising and prices were at record highs.

    ASEAN+3 also moved forward with plans to develop the use of civilian nuclear energy, an initiative discussed the previous year in Singapore. The move had raised eyebrows as the region was prone to earthquakes1.