Indonesia’s oil hub plan collides with Asean’s trust deficit

Indonesia has proposed hosting an Asean oil storage hub to reinforce the region’s emergency fuel reserves, as supply disruptions from the Middle East lay bare the region’s vulnerability to energy shocks. But analysts say the plan, while attractive in principle, is likely to be hampered by political distrust, uneven national priorities and the Association of Southeast Asian Nations’ record of rolling out regional mechanisms that are rarely tested under pressure. Indonesian Energy Minister Bahl...

By Maria Siow