The East Asia Summit (EAS) region is still experiencing significant growth in energy demand, especially in the form of electricity, at faster rates than the world average. This is mainly driven by industrialisation, urbanisation, motorisation and increases in per capita income (ERIA, 2015). Investment in energy infrastructure in this region is not likely to be satiated in the coming decades (IEA, ...

The petroleum subsidy alone was over RM20 billion, which corresponds to around 10 percent of the total government expenditure. Malaysia’s fiscal deficit was 4.5 percent of the gross domestic product (GDP) in 2012, and the government aims to reduce it to 3 percent by 2015 and to 0 percent by 2020. The country has already started implementing policies to phase out the fuel subsidies. In December 2014, ...

Cambodia has been experiencing high economic growth during the past 5 years and this trend will continue at least to 2020, according to economic experts. In this regard, the country’s energy consumption could increase significantly. Unfortunately, no official energy statistics are available to monitor and evaluate this growth. Although an international organisation has been estimating energy balance ...

The objective of this study is to review and explore measures to promote the development of oil stockpiling in the member states of the Association of Southeast Asian Nations (ASEAN). According to the ‘Southeast Asia Energy Outlook’, which was co-authored by the Economic Research Institute of ASEAN and East Asia and the International Energy Agency (IEA), energy demand in the ASEAN has been growing ...