APEC Oil and Gas Security Exercise: A Regional Capacity Building

Cover_217_EWG_OGSE
Click image to preview

APEC Oil and Gas Security Exercise: A Regional Capacity Building

Publication Number

APEC#217-RE-01.18

Published Date

November 2017

Type of Publication

Reports

Publications Under

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

Accessed

80

Pages

157

Download publication

Download

Description

This report presents the outcome of the APEC Oil and Gas Security Exercise (OGSE) in Australia (the 4th exercise) jointly organised by APERC and the Australian government through the Department of the Environment and Energy in Melbourne on 29-31 March 2017. The exercise was a regional capacity building with participation from other APEC economies – Indonesia, the Philippines and Thailand. The first day was devoted for capacity building workshop providing an overview of the global oil and natural gas markets, supply resilience in the APEC region, and the Australian energy policy and emergency response framework. The second day was the emergency exercise with hypothetical supply disruption scenarios for both oil and natural gas. On oil, a global supply disruption scenario was formulated, while a separate gas scenario was produced for each of the participating economies taking into account their distinctive domestic gas situations.