ASEAN looks to Russia for energy security

📡 Nikkei Asia · 1 min read ·
Southeast Asian nations are using a summit with Russia to strengthen their energy partnerships. The meeting, held this week, focuses on boosting cooperation in oil, gas, and nuclear power. Leaders from the Association of Southeast Asian Nations (ASEAN) are meeting with Russian officials. Their goal is to secure more stable energy supplies for the region. The talks come as global energy prices remain high. Many ASEAN countries depend on imported fuel to power their economies. Russia is one of the world’s largest energy producers. Discussions are expected to cover long-term contracts for natural gas. Nuclear energy projects are also on the agenda. The summit highlights a growing energy relationship between ASEAN and Russia. Both sides see the talks as a way to reduce risks in the global energy market.