JUNE 25 — Energy security is a major determinant for a country’s development and economic growth. As a surrogate for the latter, the demand and security for energy have become extremely critical issues facing countries today.
Singapore is no exception.
Not only is it an energy-disadvantaged country, it is also the only member state in the Association for Southeast Asian Nations (ASEAN) without indigenous energy supply, and is completely reliant on energy imports — oil from the Middle East and natural gas from within ASEAN — to meet its development needs. Full story
