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Home South-eastern Asia Philippines

Asean fuel-sharing pact could help oil crisis – Escudero

by Asia Today Team
March 24, 2026
in Philippines
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Magsayo breaks silence after loss: 'I got injured in 2nd round'

DOJ: Robin Padilla risks waiving defense if he skips hearing



Asean fuel-sharing pact could help oil crisis – Escudero
MANILA, Philippines – An settlement throughout the Affiliation of Southeast Asian Nations (Asean) to share gas throughout emergencies might show helpful throughout vitality crises, Sen. Francis “Chiz” Escudero mentioned on Tuesday. Escudero, in an announcement, urged the federal government to make the most of the Philippines’ chairmanship of the Asean Summit this yr to push for the Asean Petroleum Safety Settlement (APSA). “By accelerating APSA’s completion, Asean can set up its personal mechanism for emergency gas provide, triggered when a member state experiences a shortfall of at the least 10 p.c,” the senator famous. READ: Disaster physique shaped to behave on gas, meals shortages  The APSA […]…

Carry on studying: Asean fuel-sharing pact might assist oil disaster – Escudero



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