Natural Gas Security in APEC

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Natural Gas Security in APEC

Publication Number

APEC# 217-RE-01.9

Published Date

July 2017

Type of Publication

Reports

Publications Under

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

Accessed

440

Pages

77

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Description

Traditional discussions on energy security have been mainly aimed at ensuring oil supply security, while due attention has not been paid to natural gas security. Yet as natural gas consumption has increased in the Asia-Pacific Economic Cooperation (APEC) economies and a larger number of economies is expected to start liquefied natural gas (LNG) imports in the near future, security of natural gas supply needs to be dealt with as one of the core issues in the APEC’s energy security agenda. This study assesses potential risks in natural gas supply both in the short-term and long-term, and examines what kind of countermeasures will be possible to avoid or minimise such risks.