Asean Petroleum Security Agreement 2009

“emergency situation”, a situation in which an ASEAN Member State faces a critical shortage of oil supplies due to natural disasters (such as earthquakes and tsunamis), plant explosions or war only; Oil is a private good, while security is a public good. A sharp interruption in oil supplies during economic recovery could have serious consequences for ASEAN. Even if oil stocks are capital intensive, a mandatory regional warehouse would give each member a share of the regional energy security guarantee. This will better ensure that its benefits benefit everyone, including countries that go beyond ASEAN. Aware of the threats and risks to ASEAN`s security of oil supply, combined with the fact that some ASEAN Member States, which are now net oil exporters, will in the near future become net importers of oil that are heavily dependent on oil resources outside the region, particularly the Middle East , Aware that energy security and self-sufficiency can be achieved through national and multi-ional efforts focused on research, development, use, distribution and transport of indigenous energy resources, which are implemented in a way that preserves both resources, the environment and human habitat; Compared to ESA in 1986, the new pact included voluntary oil storage as one of the medium- and long-term measures under Article 3.3, point (f). It would certainly be music for the ears of Japan and South Korea, who had long spoken out in favour of an ASEAN oil reserve. In the past, there had been differences of opinion within ASEAN on the issue of oil stocks. Therefore, the integration of oil stocks into the new GPA is a significant regional effort to ensure energy security. In order to improve ASEAN`s energy and oil security, EAS established international cooperation in 2009 with ASEAN dialogue partners and other relevant international organizations. 14 February 2013 ARFIDEA KADRI SAHETAPY-ENGEL TISNADISASTRA “ANASE Member State in Difficulty” refers to an ASEAN Member State that has reported a critical shortage to the ASCOPE secretariat due to an emergency that is affecting energy security; An ASEAN member state is “in distress” when it informs the ASEAN Council on Petroleum (ASCOPE) that it is facing a severe oil shortage for 30 consecutive days (defined as an undersurnment of 10% of the normal domestic requirement) due to natural disasters, plant explosions or war. Distress Member States should immediately limit energy consumption, including limiting demand, switching to alternative fuels, protection against surge and exchange of information with other Member States. In January 2013, Indonesia ratified the ASEAN Oil Security Agreement (APSA 2009) by Presidential Decree No.

7 of 2013. APSA 2009 succeeds the 1986 ASEAN oil safety agreement, which came into force to provide collective assistance to Member States in the event of an oil shortage. Aware that the development of the APG and the TAGP project are two major energy programmes of Hanoi`s action plan, implemented by ASEAN heads of government on 16 AUGUST`s Energy Cooperation Action Plan (APAEC) 1999-2004, adopted by ASEAN Energy Ministers (AMEM) on 3 July 1999 in Bangkok , Thailand, and APAEC 2004-2009, adopted by the 22nd AMEM in Manila, the Philippines, on 9 June 2004, that the ASEAN energy networks had entrusted ASEAN leaders of the Supply and Energy Administrations (HAPUA) and TAGP, under the aegis of the ASEAN energy ministers, to implement the ASEAN electricity grid; Jakarta, Perjanjian APSA (ASEAN Petroleum Security Agreement) ditandatangani oleh seluruh negara anggota ASEAN pada KTT ASEAN ke-14 di Cha-am, Thailand pada tanggal 1 Maret 2009.

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