PM Lawrence Wong on discussions at ASEAN Summit 2026

Discussions on an ASEAN regional fuel stockpile are at a very early stage, and will continue if the idea is worth pursuing, Singapore Prime Minister Lawrence Wong said on Saturday (May 9).

Speaking to Singapore journalists in Cebu, where he attended the 48th Association of Southeast Asian Nations (ASEAN) Summit, Mr Wong said a regional fuel stockpile was one of the new ideas that came up at the meeting.

Mr Wong noted that ASEAN has a rice stockpile, which involves member states plus China, Japan and South Korea. Under the ASEAN Plus Three Emergency Rice Reserve, rice is stockpiled for immediate release during disasters without disrupting market prices.

“So the question is, would we be able to do something similar for energy, be it within ASEAN or with external partners,” he added. Read more: https://cna.asia/3ORDk7N

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