ASEAN PETROLEUM SECURITY AGREEMENT (APSA)
Publish -
16/11/2015
The new ASEAN Petroleum Security Agreement or APSA is a covenant among Member States that establishes petroleum sharing scheme aimed at assisting Member State(s) in time of emergencies due to petroleum supply shortages. To date, APSA has already been fully ratified by ten (10) Member States namely Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
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