Oil primary ASEAN energy source to 2010

  • 20/02/2001

Oil will remain the main source of energy for Southeast Asia over the next decade, which is shaping up as a period of surging demand in the region, a senior industry official said yesterday. Guillermo Balce, Executive Director of the ASEAN Centre for Energy (ACE), told Reuters in an interview that the region would continue to rely heavily on oil despite determined efforts by the Association of Southeast Nations (ASEAN) to cut consumption.