ASEAN discussions on regional fuel stockpile in very early stage, says PM Wong

AI Summary

ASEAN leaders are considering the establishment of a regional fuel stockpile, drawing from its existing rice stockpile program with China, Japan, and Korea. Discussions are in preliminary stages, highlighting regional collaboration for energy security.

ASEAN already has a rice stockpile with China, Japan and Korea. The question is whether the region could pursue something similar for energy, says Singapore’s prime minister.