PETROLEUM SECURITY

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HOW CAN WE ENHANCE ASEAN3 COOPERATION IN
PETROLEUM SECURITY
ASEAN3
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EARLIER, UNCERTAINTIES DUE TO
IRAQ
WAR
IN
March 2003
IRAQ
National Asset
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VENEZUELA
STRIKE IN
December 2002
Venezuela is the world's fifth-largest exporter
of oil, and is one of the main suppliers of crude
and refined products to the US.
Striking employees of the state-run PDVSA, who
aim to force President Hugo Chavez to resign by
cutting off his economic lifeline, asking for
early elections or President resignation.
President HUGO CHAVEZ
VENEZUELA
Political Instability
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VENEZUELA
STRIKE IN
Participants estimated the crowd at more than 1
million.
More than 3000 state oil company employees are
fired for sabotage of oil wells and export
terminals.
The banks are opening for only three hours a day
as part of the national strike, which has also
led to gasoline shortages, panic buying and
shuttered shops.
Social Unrest
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VENEZUELA
STRIKE IN
Crude oil production dropped from 2.9 million bpd
in November 2002 to about 600,000 bpd in February
2003.
3.0
Million bpd
2.0
1.0
2003
Dec
Jan
Feb
Mar
Production Disruption
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NIGER DELTA
VIOLENCE
IN

• Niger DeltaNigerias main oil producing
  regionhas led to the shut-in of approximately
  800,000 barrels per day (bpd) of oil production
  capacity.

NIGERIA
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NIGER DELTA
VIOLENCE
IN

• The fighting between rival Ijaw and Itsekiri
  tribes and clashes with security forces have
  resulted in the shut-in of nearly 40 percent of
  Nigeria's production.

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NIGER DELTA
VIOLENCE
IN
Royal Dutch Shell and ChevronTexaco to evacuate
Nigeria's Niger Delta in mid-March, shutting in
more than 800,000 barrels per day (bpd) of the
country's 2.2 million bpd output.
Output Cut

• Royal Dutch Shell

320,000 bpd

• ChevronTexaco

440,000 bpd crude 285,000 Mcf/d gas

• NNPC

125,000 bpd
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WAY FORWARD FOR ASEAN3 TO ENHANCE COOPERATION IN
PETROLEUM SECURITY
ASEAN3
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ASEAN3
Republic of Korea
Japan
China
Myanmar
Cambodia
The Philippines
Thailand
Vietnam
Malaysia
Brunei
Singapore
Indonesia
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WORKSHOP
SECURITY
PETROLEUM
9-10 JUNE 2003
KUALA LUMPUR, MALAYSIA
Brunei Cambodia China Indonesia Japan
Malaysia Myanmar The Philippines Singapore
Republic of Korea Thailand Vietnam
ASEAN3
Brunei Cambodia Indonesia Malaysia Myanmar
Philippines Singapore Thailand Vietnam
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WORKSHOP
SECURITY
PETROLEUM
9-10 JUNE 2003
KUALA LUMPUR, MALAYSIA
WELCOMING REMARKS
OPENING REMARKS
YBhg. Datuk Dr. Halim Shafie, SOE Leader
Secretary General, Ministry of Energy,
Communications Multimedia Malaysia, Malaysia
Mr. Yasuo Tanabe, Director of International
Affairs Division, Ministry of Economy, Trade
and Industry (METI), Japan
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WORKSHOP
SECURITY
PETROLEUM
9-10 JUNE 2003
KUALA LUMPUR, MALAYSIA
SESSION 1
SESSION 2
SESSION 3
Proposals on ASEAN3 Cooperation on Energy
Security from ASEAN and China, Japan and Republic
of Korea.
Report/Recommendation to the ASEAN SOME3
Meeting
" Way Forward to Enhance ASEAN3 Energy
Cooperation in Petroleum Security
Workshop Facilitator Mr. Roger Vitasa, ASEAN
Secretariat
Workshop Facilitator Dr Guillermo Balce,
Executive Director, ASEAN Centre for Energy
Workshop Facilitator YBhg. Datuk Dr. Halim
Shafie, SOE Leader Secretary General,
Ministry of Energy, Communications Multimedia
Malaysia, Malaysia

• Proposed Framework of Cooperation
• Objectives
• Plan of Actions
• Formation of a Task Force and its Terms of
  Reference.

• Approaches by China, Japan and Republic of Korea
• Proposal by ASEAN
• Deliberation on the proposal/approaches by
  ASEAN3

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PLUS
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ASEAN3
WORKSHOP
SECURITY
PETROLEUM
9-10 JUNE 2003
KUALA LUMPUR, MALAYSIA
THANK YOU for your kind support and contribution
towards enhancing the ASEAN3 Energy Cooperation
Ministry of Economy, Trade Industry (METI) of
Japan
Ministry of Energy, Communication Multimedia
(MECM) Malaysia
ASEAN Council on Petroleum
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PETROLEUM
SECURITY
WORKSHOP
KUALA LUMPUR, MALAYSIA
9-10 JUNE 2003