NEWS

Dr. Shi Xunpeng presented at the 2nd Northeast Asia Energy Security Forum

On 12 December 2014, Dr. Shi Xunpeng presented at the 2nd Northeast Asia (NEA) Energy Security Forum, organized by the Ministry of Foreign Affairs (MOFA), Republic of Korea and UN ESCAP. The objectives of this workshop were to exchange views and ideas to promote sub-regional cooperation in NEA to enhance energy security; discuss the possibilities and options towards establishing a mechanism that would enable advancing regional cooperation; and enhance collaboration among national, sub-regional, regional and international organizations. 

Dr. Shi presented on “Energy Cooperation in ASEAN: Lessons and experience for Northeast Asia”, wherein he spoke about ASEAN’s energy cooperation history, the status and its challenges. Dr. Shi argued that energy cooperation on infrastructure needs political trust, which is absent in NEA and suggested NEA to formulate political dialogue framework for trust building. Given the difficulties in cooperation on infrastructure and competitive areas such as oil procurement, Dr Shi suggested NEA to start cooperation on creating alternative pricing mechanisms for natural gas (LNG), on which NEA has common interests. 

The forum was opened by Mr. Ahn Chong Ghee, Deputy Minister for Economic Affairs, MOFA, Republic of Korea. Other presenters included officials from other Korean institutes as well as from UN ESCAP, APEC Energy Research Center, UNDP, Nautilus Institute, China, Japan, Mongolia and Russia.