Oil and Gas Security Indexation

1838-Cover_Final_Report_Oil and Gas Security Indexation_EWG 01 2016S
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Oil and Gas Security Indexation

Publication Number

APEC#217-RE-01.3

Published Date

April 2017

Type of Publication

Reports

Publications Under

SOM Steering Committee on Economic and Technical Cooperation(SCE), Energy Working Group(EWG)

Accessed

452

Pages

298

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Description

Energy security has been one of the highest priorities for all economies in the Asia-Pacific Economic Cooperation (APEC) region. In order to gauge the supply security risk for oil and gas, this study established six indicators based on PESTLE analysis – political, economic, social, technical, legal and environmental. A total of 59 sub-indicators were assigned in these indicators in order to establish the index. The study made further analysis on major import sources for crude oil, petroleum products and natural gas. The key findings of the indexation are divided into two energy resources – oil and gas.