Energy security in Asia: prospects for regional cooperation

This paper illustrates the consequences of the search for energy security and its relationship to regional trade and cooperation. It asserts three main ways regional cooperation can strengthen national policies on energy security: information and knowledge sharing to create a sound evidence base for policies; agreement on common policies; and subregional development of electricity and gas markets. In the long term, the biggest impact of regional cooperation on national energy security will be creating regional networks; developing subregional markets will likely be the most effective approach.