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ASEAN to launch joint oil product stockpiling scheme as early as 2027, Nikkei reports

TOKYO: ASEAN countries will launch a joint oil product stockpiling scheme as early as 2027, with storage sites planned in Indonesia and Thailand, to allow member states to share supplies during emergencies, the Nikkei business daily reported on Thursday. The scheme will initially enable the Philippines to buy diesel and gasoline stored in Indonesia and Thailand during emergencies. Companies…

First reported by Business Recorder 1 source
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  1. Business Recorder

    ASEAN to launch joint oil product stockpiling scheme as early as 2027, Nikkei reports (opens Business Recorder in a new tab)

    TOKYO: ASEAN countries will launch a joint oil product stockpiling scheme as early as 2027, with storage sites planned in Indonesia and Thailand, to allow member states to share supplies during emergencies, the Nikkei business daily reported on Thursday. The…

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