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ASEAN energy meeting convenes in Kuching today
ASEAN energy meeting convenes in Kuching today

The Sun

timea day ago

  • Business
  • The Sun

ASEAN energy meeting convenes in Kuching today

KUCHING: The 43rd ASEAN Senior Officials Meeting on Energy and its associated meetings have commenced here today and will run until June 18, with about 250 delegates, including senior energy officials and representatives from the ASEAN Secretariat and ASEAN Centre for Energy. Hosted by the Energy Transformation and Water Transformation Ministry in conjunction with Malaysia's ASEAN chairmanship, the meeting involved all 10 ASEAN member states, namely Malaysia, Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam, with Timor-Leste as an observer. They are joined by dialogue partners China, South Korea, Japan, Russia, the United States, and representatives from the International Renewable Energy Agency, the International Energy Agency, the Economic Research Institute for ASEAN and East Asia, the Asian Development Bank and the World Bank. The Senior Officials Meeting on Energy and associated meetings aim to align ASEAN energy policies at the senior official level. The agenda includes reviewing progress on the ASEAN Plan of Action for Energy Cooperation (APAEC) and preparing key decisions for the 43rd ASEAN Ministers on Energy Meeting, scheduled for October this year. Discussions at the Senior Officials Meeting on Energy will focus on delivering consensus-based outcomes, such as an updated APAEC work plan, policy recommendations on regional energy security, renewable energy financing and grid integration. Key outcomes are anticipated to include advancing the APG Enhanced MOU, finalising the draft APAEC policy document, and securing endorsement of the ASEAN Petroleum Security Agreement. Priority discussion areas for SOME this year include the ASEAN power grid, the status of initiatives towards achieving APAEC targets, and energy transition financing.

ASEAN energy meeting convenes in Kuching
ASEAN energy meeting convenes in Kuching

The Sun

timea day ago

  • Business
  • The Sun

ASEAN energy meeting convenes in Kuching

KUCHING: The 43rd ASEAN Senior Officials Meeting on Energy and its associated meetings have commenced here today and will run until June 18, with about 250 delegates, including senior energy officials and representatives from the ASEAN Secretariat and ASEAN Centre for Energy. Hosted by the Energy Transformation and Water Transformation Ministry in conjunction with Malaysia's ASEAN chairmanship, the meeting involved all 10 ASEAN member states, namely Malaysia, Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam, with Timor-Leste as an observer. They are joined by dialogue partners China, South Korea, Japan, Russia, the United States, and representatives from the International Renewable Energy Agency, the International Energy Agency, the Economic Research Institute for ASEAN and East Asia, the Asian Development Bank and the World Bank. The Senior Officials Meeting on Energy and associated meetings aim to align ASEAN energy policies at the senior official level. The agenda includes reviewing progress on the ASEAN Plan of Action for Energy Cooperation (APAEC) and preparing key decisions for the 43rd ASEAN Ministers on Energy Meeting, scheduled for October this year. Discussions at the Senior Officials Meeting on Energy will focus on delivering consensus-based outcomes, such as an updated APAEC work plan, policy recommendations on regional energy security, renewable energy financing and grid integration. Key outcomes are anticipated to include advancing the APG Enhanced MOU, finalising the draft APAEC policy document, and securing endorsement of the ASEAN Petroleum Security Agreement. Priority discussion areas for SOME this year include the ASEAN power grid, the status of initiatives towards achieving APAEC targets, and energy transition financing.

ASEAN energy meeting convenes in Kuching today
ASEAN energy meeting convenes in Kuching today

Malaysian Reserve

timea day ago

  • Business
  • Malaysian Reserve

ASEAN energy meeting convenes in Kuching today

KUCHING — The 43rd ASEAN Senior Officials Meeting on Energy and its associated meetings have commenced here today and will run until June 18, with about 250 delegates, including senior energy officials and representatives from the ASEAN Secretariat and ASEAN Centre for Energy. Hosted by the Energy Transformation and Water Transformation Ministry in conjunction with Malaysia's ASEAN chairmanship, the meeting involved all 10 ASEAN member states, namely Malaysia, Brunei Darussalam, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand and Vietnam, with Timor-Leste as an observer. They are joined by dialogue partners China, South Korea, Japan, Russia, the United States, and representatives from the International Renewable Energy Agency, the International Energy Agency, the Economic Research Institute for ASEAN and East Asia, the Asian Development Bank and the World Bank. The Senior Officials Meeting on Energy and associated meetings aim to align ASEAN energy policies at the senior official level. The agenda includes reviewing progress on the ASEAN Plan of Action for Energy Cooperation (APAEC) and preparing key decisions for the 43rd ASEAN Ministers on Energy Meeting, scheduled for October this year. Discussions at the Senior Officials Meeting on Energy will focus on delivering consensus-based outcomes, such as an updated APAEC work plan, policy recommendations on regional energy security, renewable energy financing and grid integration. Key outcomes are anticipated to include advancing the APG Enhanced MOU, finalising the draft APAEC policy document, and securing endorsement of the ASEAN Petroleum Security Agreement. Priority discussion areas for SOME this year include the ASEAN power grid, the status of initiatives towards achieving APAEC targets, and energy transition financing. — BERNAMA

Deal on ASEAN power grid to be sealed in October 2025, says Tengku Zafrul
Deal on ASEAN power grid to be sealed in October 2025, says Tengku Zafrul

The Sun

time25-05-2025

  • Business
  • The Sun

Deal on ASEAN power grid to be sealed in October 2025, says Tengku Zafrul

KUALA LUMPUR: Negotiations on the enhanced memorandum of agreement for the ASEAN Power Grid (APG), aimed at strengthening energy security, connectivity, and sustainability, are set to conclude with a signing at the 43rd ASEAN Ministers on Energy Meeting in October 2025. In making the announcement, Investment Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ASEAN Economic Ministers welcomed ongoing work towards the establishment of the APG Financing Facility Framework, which will enhance cross-border flows of foreign direct investments (FDIs) and new funding opportunities for regional energy-related projects. 'The ASEAN Economic Community (AEC) Council also expressed full support for the convening of a joint meeting between ASEAN's Energy, Finance, and Economic Ministers in August 2025,' he told a press conference after the 25th AEC Council (AECC) Meeting here today. The 25th AECC Meeting was held in conjunction with the 46th ASEAN Summit, with 11 agenda items discussed by the bloc's representatives, focusing on strengthening regional cooperation. Chaired by Tengku Zafrul, the meeting was attended by Deputy Minister of Investment, Trade and Industry Liew Chin Tong; Brunei's Minister of Finance and Economy II Datuk Awang Mohd Amin Liew Abdullah; Cambodia's Minister of Commerce Cham Nimul; Vietnam's Minister of Industry and Trade Nguyen Hong Dien; Indonesian Trade Minister Budi Santoso; and Industry and Commerce Minister Malaithong Kommasith (Laos). Other representatives who attended the meeting included Department of Trade and Industry Undersecretary Allan B. Gepty (Philippines), Deputy Prime Minister Gan Kim Yong (Singapore), Minister of Commerce Pichai Naripthaphan (Thailand) and Deputy Prime Minister Francisco Kalbuadi Lay (Timor-Leste). The 46th ASEAN Summit, being held under Malaysia's 2025 chairmanship themed 'Inclusivity and Sustainability', also marks Malaysia's fifth time chairing the regional bloc. It previously held the ASEAN chairmanship in 1977, 1997, 2005 and 2015. The ASEAN Summit and its related meetings are expected to address a wide range of pressing regional and international issues, with the ongoing crisis in Myanmar remaining a key point of concern for ASEAN member states. In addition to the ASEAN-level meetings, the summit will also feature two important inter-regional platforms, the 2nd ASEAN-Gulf Cooperation Council (GCC) Summit and the ASEAN-GCC-China Summit, signalling growing engagement between Southeast Asia and its strategic partners in the Gulf and China.

Deal on ASEAN power grid to be sealed in October 2025
Deal on ASEAN power grid to be sealed in October 2025

The Sun

time25-05-2025

  • Business
  • The Sun

Deal on ASEAN power grid to be sealed in October 2025

KUALA LUMPUR: Negotiations on the enhanced memorandum of agreement for the ASEAN Power Grid (APG), aimed at strengthening energy security, connectivity, and sustainability, are set to conclude with a signing at the 43rd ASEAN Ministers on Energy Meeting in October 2025. In making the announcement, Investment Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the ASEAN Economic Ministers welcomed ongoing work towards the establishment of the APG Financing Facility Framework, which will enhance cross-border flows of foreign direct investments (FDIs) and new funding opportunities for regional energy-related projects. 'The ASEAN Economic Community (AEC) Council also expressed full support for the convening of a joint meeting between ASEAN's Energy, Finance, and Economic Ministers in August 2025,' he told a press conference after the 25th AEC Council (AECC) Meeting here today. The 25th AECC Meeting was held in conjunction with the 46th ASEAN Summit, with 11 agenda items discussed by the bloc's representatives, focusing on strengthening regional cooperation. Chaired by Tengku Zafrul, the meeting was attended by Deputy Minister of Investment, Trade and Industry Liew Chin Tong; Brunei's Minister of Finance and Economy II Datuk Awang Mohd Amin Liew Abdullah; Cambodia's Minister of Commerce Cham Nimul; Vietnam's Minister of Industry and Trade Nguyen Hong Dien; Indonesian Trade Minister Budi Santoso; and Industry and Commerce Minister Malaithong Kommasith (Laos). Other representatives who attended the meeting included Department of Trade and Industry Undersecretary Allan B. Gepty (Philippines), Deputy Prime Minister Gan Kim Yong (Singapore), Minister of Commerce Pichai Naripthaphan (Thailand) and Deputy Prime Minister Francisco Kalbuadi Lay (Timor-Leste). The 46th ASEAN Summit, being held under Malaysia's 2025 chairmanship themed 'Inclusivity and Sustainability', also marks Malaysia's fifth time chairing the regional bloc. It previously held the ASEAN chairmanship in 1977, 1997, 2005 and 2015. The ASEAN Summit and its related meetings are expected to address a wide range of pressing regional and international issues, with the ongoing crisis in Myanmar remaining a key point of concern for ASEAN member states. In addition to the ASEAN-level meetings, the summit will also feature two important inter-regional platforms, the 2nd ASEAN-Gulf Cooperation Council (GCC) Summit and the ASEAN-GCC-China Summit, signalling growing engagement between Southeast Asia and its strategic partners in the Gulf and China.

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