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APEC Energy Ministers to pursue regional opportunities

12 October 2015

Today I will arrive in Cebu, the Philippines, to represent the Australian Government at the 12th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial meeting.

Accounting for around 60 per cent of world energy demand, APEC member countries play a vital role in leading energy policy.

The meeting provides an important forum to discuss energy security and resilience in our region. The Ministers will also discuss the ever increasing use of renewable energy and increasing private sector participation in energy trade and investment.

Australia is committed to securing strong and resilient energy markets in the Asia Pacific region, while providing a strong, long-term and sustainable source of energy to meet both regional and global needs. One source of such energy will be Australia’s gas sector, which is set to become the world’s largest exporter of LNG by 2019-20.

As part of the trip, I will also travel to Japan to meet with government counterparts and with Japanese energy industry leaders, including those with significant investment in Australia.

It is an important opportunity to promote increased international trade and investment in Australia’s energy and resources sectors.

Media contacts: Mr Frydenberg's office 02 6277 7180