ID :
170488
Thu, 03/24/2011 - 11:08
Auther :
Shortlink :
http://m.oananews.org//node/170488
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Asian countries meet to find solutions to energy crises
BANGKOK, March 24 (TNA) - Thailand is hosting a meeting for the Asian chapter of the World Energy Council to share energy-related knowledge and discuss the development of green communities, depending entirely on renewable energy.
The meeting, which was opened Thursday morning by Thai Energy Minister Wannarat Charnnukul, also aims to encourage member countries to develop a balance between food and energy to prevent the excessive exploitation of farm yields for energy production that may affect consumers.
The forum also intends to find sustainable ways to protect against oil price surges in Asia. The imminency of this issue has increased lately, following price rises resulting from the crisis in Libya and fresh worldwide concerns about nuclear power due to the disaster in Japan.
Wannarat said that Thailand would use the forum to gain experience related to nuclear power development from other countries in order to approach its own nuclear energy development plan more sensibly.
Regarding rising oil prices, Wannarat said incidents in the Middle East have had psychological impacts that raised crude prices on the global market. He said that the situation was uncontrollable and people should be more energy efficient and turn more to alternative energy sources such as gasohol, biodiesel and natural gas.
The energy minister said the crude oil price on the global market could reach 120 USD per barrel and that his ministry is using money from the State Oil Fund to subsidize the local diesel price. (TNA)
The meeting, which was opened Thursday morning by Thai Energy Minister Wannarat Charnnukul, also aims to encourage member countries to develop a balance between food and energy to prevent the excessive exploitation of farm yields for energy production that may affect consumers.
The forum also intends to find sustainable ways to protect against oil price surges in Asia. The imminency of this issue has increased lately, following price rises resulting from the crisis in Libya and fresh worldwide concerns about nuclear power due to the disaster in Japan.
Wannarat said that Thailand would use the forum to gain experience related to nuclear power development from other countries in order to approach its own nuclear energy development plan more sensibly.
Regarding rising oil prices, Wannarat said incidents in the Middle East have had psychological impacts that raised crude prices on the global market. He said that the situation was uncontrollable and people should be more energy efficient and turn more to alternative energy sources such as gasohol, biodiesel and natural gas.
The energy minister said the crude oil price on the global market could reach 120 USD per barrel and that his ministry is using money from the State Oil Fund to subsidize the local diesel price. (TNA)
