Asian ministers agree to reach stable energy growth

- File Photo

– File Photo

DAWN, BANDAR SERI BEGAWAN, 19th SEPTEMBER 2013: Brunei’s Minister of Energy at the Prime Minister’s Office recently attended the 5th Asian Ministerial Round table held in Seoul, Korea.

Yang Berhormat Pehin Datu Singamanteri Colonel (Rtd) Setia (Dr) Hj Mohd Yasmin Hj Umar joined other high-ranking energy officials from 21 countries and international organisations last Thursday for the roundtable, jointly hosted by Korea and Qatar.

A key outcome was the importance of cooperation and continuous dialogue — regional and global — to reach sustainable and stable energy growth through transparency and technology know-how.

Under the theme of “Limited Energy, Unlimited Asia and Growing Together”, the roundtable served as a platform for energy producers and consumers to share their insights into achieving greater regional cooperation.

In doing so, it will enable them to address issues of rapidly increasing energy demand and economic growth, volatile energy supplies and climate change.

Divided into three sessions, the roundtable opened with discussions on the current situation and future outlook of energy supply and demand, including energy prices in Asia.

The ensuing session deliberated on areas for cooperation and related challenges with emphasis on energy security.

Session Three reflected on development of sustainable energy sources and improvement of energy efficiency towards international cooperation and collaboration for long-term energy security.

YB Pehin Hj Mohd Yasmin chaired the final session on “Finding a Shared, Sustainable Path Forward” that discussed key topics such as the development of renewable energy, energy efficiency, clean coal and smart grids in Asia.

He also spoke as a panellist on the topic of “Renewable Energy in Asia: The Current Landscape and Insights into Future Cooperation and Policy Making”.

The Energy Minister underscored the crucial role of global cooperation in closing the gap of renewable energy promotion, growth and development in Asia.

Among the notable panellists in the session was the vice chairman of the National Energy Administration of China.

The 6th Asian Ministerial Energy Roundtable in 2015 will be hosted by Qatar in Doha and co-hosted by Thailand.

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