ASEAN+3 Oil Stockpiling and Energy Security

Oil Stockpiling Roadmap for ASEAN+3 and

ASEAN+3 Energy Security Systems

IEA-APEC/ASEAN Emergency Response Exercise

Bangkok, 2-3 May 2011

Outline

A. INTRODUCTION

• ASEAN & ASEAN+3 at a Glance

• ACE at a Glance

B. Oil Stockpiling Roadmap (OSRM) for ASEAN+3

C. ASEAN+3 Energy Security Systems

INTRODUCTION

ASEAN and ASEAN+3

The Association of Southeast Asian Nations

Established on 8 August 1967

Member Countries: Brunei Darussalam, Cambodia,Indonesia, Lao PDR, Malaysia, Myanmar,Philippines, Singapore, Thailand, and Vietnam

+3 Member Countries: China, Japan, ROK

ACE at a Glance

ASEAN Centre for Energy (ACE)

Established on January 1st, 1999

Inter-Governmental Organization, guided by aGoverning Council composed of SOE Leaders of the10 ASEAN Member Countries

Technical catalyst for economic growth anddevelopment of ASEAN by initiating, coordinating,facilitating and disseminating all energy activities tothe region and the rest of the world

Oil Stockpiling Roadmap

Roadmap

Basis : Joint Declaration of the 5th AMEM+3, held inBangkok, Thailand on 7th of August 2008

Approved at the 9th SOME+3 and 7th AMEM+3 heldin Da Lat Viet Nam, July 2010

Recognized the necessity of oil stockpiling initiativesin the light of persistent risks of supply disruptionsand highly volatile oil market

Facilitate and encourage all member states tofurther improve oil stockpiling initiatives

Working Group: ASEAN+3, ACE&JOGMEC

Principles

Based on 4 principles:

1) voluntary and non-binding,

2) mutual benefits,

3) mutual respect and respect for bilateral andregional cooperation, and

4) step-by-step approach with long-termperspectives

Situation

Some ASEAN Member Countries have planned theirOSRM concrete target. However, others are still onthe initiation phase.

+3 Member Countries, specifically Japan and Korea,have already in place an OSP system for long time

Resume

A common understanding on the needs and benefitof Oil Stockpiling Roadmap development

Due to differences in economic levels, it is notpossible to make an Oil Stockpiling Roadmap with aconcrete targets for all ASEAN+3 Member Countriesat this moment as desired

But, it’s expected that by 2020 every countryASEAN+3 members has a common best-practices toexecute effective ways in the ultimate strong hold ofenergy security

Way Forward

1. Continues to study the development of an OSRM byfollowing the same 4 principles and methodology

2. Proposed activities to follow up in years 2010-2011and beyond i.e:

• Collecting annual information on the progress ofeach country’s oil stockpiling activities

• Workshops to promote the implementation ofeach ASEAN Member Country’s OSRM

• Implementation of joint project with IEA

ASEAN+3 Energy Security Systems

Systems

Basis: The 6th Senior Officials Meeting on Energy + 3Consultations, 21 August 2007, Singapore

Activation and utilization of the ASEAN + 3 EnergySecurity Communication System consisting of:

1. Energy Communication System

A. Chat

B. Bulletin Board System

2. Database

A. Oil Price Database

B. ASEAN Energy Database

Website

Energy Communication System

Chat:

Web-based chat system

Real time

Limited display with 100 characters

Bulletin Board System

Very good facility to share information in non-real-time basis

Unlimited display of character

Equipped with file attachment facility with amaximum size of 2000 Kb

Communication Room

APEC JODI Database

IEEJ Manage the APEC JODI Database includingASEAN-7

CLM countries were encourage to provide JODI data

IEEJ developed a web site for retrieving JODI data inASEAN including Myanmar and China, Japan andKorea

ACE put an entry icon to link to this web site

Oil Price Database

Format was developed in 2005 by ACE and IEEJ

Data Collection:

• Standardize template of Oil Price ReportingFormat

• Distribute to ASEAN+3 member countriesthrough two channels, one is use of officialformat and other is any prices by e-mail

• Send to ACE on monthly basis

Oil Price Website

ASEAN Energy Database System

A WEB-based application for reporting theproduction and utilization of energy in ASEANMember Countries

http://ace2.aseanenergy.org/database (Temp)

Data format:

• Energy Reporting Format (ERF)

• Energy Balance Table (EBT)

Annual Submission

ASEAN Energy Database System

Thank You

benisuryadi@aseanenergy.org