ASEAN to cooperate with China in developing alternative energy
Southeast Asian nations will cooperate with China to develop alternative sources of energy because the region cannot rely on fossil fuels, Malaysian Prime Minister Abdullah Ahmad Badawi said in October. Abdullah, speaking after a series of meetings held between leaders of China and members of the Association of Southeast Asian Nations (ASEAN), said recent high oil prices had taught the region a lesson. We must go for other sources of energy that are renewable and environmentally friendly,” he said. A bilateral meeting between China and Malaysia was held on the sidelines of the main event, the commemorative summit, which marked the 15th anniversary of relations between China and ASEAN, held in Nanjing, China. After the bilateral meeting, Abdullah announced that Malaysia’s state-owned oil and gas firm Petronas had signed a deal worth US$25 billion over 25 years to supply liquefied natural gas to Shanghai LNG Co. Aside from
