04/09/2014 10:02 GMT+7 Email Print Like 0

Vietnam attends APEC Energy Ministerial Meeting

Beijing, September 3 (VNA) – Deputy Minister of Industry and Trade Cao Quoc Hung delivered a speech at the 11 th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting held in Beijing, China, on September 2.

Hung shared Vietnam’s experience in implementing the Law on Energy Efficiency and Conservation, and the National Target Programme on Energy Efficiency and Conservation in particular.

As part of the programme, Vietnam has focused on raising public awareness on energy saving, intensifying the application of new technology, setting up an energy management system, and providing technical assistance for industries with high energy consumption, such as steel, cement and fertilizer manufacturing, he said.

The meeting passed a joint statement in which ministers expressed their support for a general future course of action for the sector.

The APEC economies agreed to work together to diversify energy supply, strengthen cooperation to develop liquefied natural gas (LNG), and increase the ratio of renewable energy sources.

They also reached a consensus on the continuation of the “APEC low carbon town” concept, and called for more collaboration in the development of non-traditional oil and gas sources.

The ministers pledged to support freedom of navigation via the region’s major energy transportation routes, and to strengthen cooperation and the exchange of information with the International Energy Agency.

This year’s meeting brought together 29 delegations from 21 APEC member economies and international organisations.