• Short Summary

    Members countries of the Association of Southeast Asian Nations (ASEAN) agreed on Friday (5 September) to form a regional petroleum council to help fight the current world oil shortage.

  • Description

    Members countries of the Association of Southeast Asian Nations (ASEAN) agreed on Friday (5 September) to form a regional petroleum council to help fight the current world oil shortage.

    The five day preliminary conference took place at the Petrophil Corporation building, Makati, Rizal, in the Philippines.

    Mr. Geronimo Velasco, Chairman of The Philippines National Oil Company, told the representatives from Indonesia, Malaysia, Singapore, Thailand and The Philippines, "All of us are bound together by our vital concern for the oil industry in our respective countries."
    The new council - called the ASEAN Council of Petroleum (ASCOPE) - will provide member countries with technical training, use of research facilities and services. Singapore and Thailand are the only ASEAN countries without national oil companies at the moment.

    The declaration of the new council is expected to be signed in Djakarta, Indonesia next month.

  • Tags

  • Data

    Film ID:
    VLVA8A22T7WHVG0TIEDHLAW4FNEXH
    Media URN:
    VLVA8A22T7WHVG0TIEDHLAW4FNEXH
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    08/09/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:50:00
    Time in/Out:
    /
    Canister:
    N/A

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