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AsiaPac · 1 hrs ago
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Indonesia proposes hosting ASEAN oil storage hub to boost regional reserves
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Indonesia has proposed the creation of a regional oil storage hub for ASEAN nations and is seeking to partner with Malaysia, Brunei, and the Philippines, though no agreement on the hub's location has yet been reached.
Indonesia proposes hosting ASEAN oil storage hub to boost regional reserves
Indonesia’s Energy Minister Bahlil Lahadalia said on Monday (May 11) that no agreement has been reached on the hub’s location but it hopes to partner with Malaysia, Brunei and the Philippines to advance the proposal.
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