APEC Oil and Gas Security Studies Series 10 APEC Oil and Gas Security Studies Impact of Low Oil Price on Energy Security Impact of Low Oil Price on Energy Security Energy Working Group EWG 01 2016S PRODUCED BY: Series Asia Pacific Energy Research Centre (APERC) Institute of Energy Economics, Japan 10 June 2017 Inui Building, Kachidoki 11F, 1-13-1 Kachidoki Chuo-ku, Tokyo 104-0054 Japan Tel: (813) 5144-8551 Fax: (813) 5144-8555 E-mail:
[email protected] (administration) Website: http://aperc.ieej.or.jp/ FOR: Asia-Pacific Economic Cooperation Secretariat 35 Heng Mui Keng Terrace, Singapore 119616 Tel: (65) 68 919 600 Fax: (65) 68 919 690 E-mail:
[email protected] Website: http://www.apec.org © 2017 APEC Secretariat APEC#217-RE-01.7. ISBN 978-981-11-3850-8 2017 Photographs credited by APERC Impact of Low Oil Price on Energy Security APEC Oil and Gas Security Studies Series 10 Energy Working Group June 2017 EWG 01 2016S PRODUCED BY: Dr Ken Koyama, Mr Ichiro Kutani, Mr Takashi Matsumoto, Mr Tadashi Yoshida Asia-Pacific Energy Research Centre (APERC) Institute of Energy Economics, Japan Inui Building, Kachidoki 11F, 1-13-1 Kachidoki Chuo-ku, Tokyo 104-0054 Japan Tel: (813) 5144-8551 Fax: (813) 5144-8555 E-mail:
[email protected] (administration) Website: http://aperc.ieej.or.jp/ PRODUCED FOR: Asia-Pacific Economic Cooperation Secretariat 35 Heng Mui Keng Terrace, Singapore 119616 Tel: (65) 68 919 600 Fax: (65) 68 919 690 E-mail:
[email protected] Website: http://www.apec.org This research document is available at: http://aperc.ieej.or.jp © 2017 APEC Secretariat APEC#217-RE-01.7 ISBN 978-981-11-3850-8 Photographs credited by APERC ii Foreword During the 11th APEC Energy Ministers’ Meeting (EMM11) held in Beijing, China on 2nd September 2014, the Ministers issued instructions to the Energy Working Group (EWG).