Petroleum is known as liquid gold due to its utility to various segments in society, making it a sought-after commodity the world over. ASEAN’s petroleum potential is quite impressive, with the sector positioned for further expansion in coming years.
Indonesia is one of the largest countries in the world in terms of both land area and population. Over the past five years, Indonesia’s urban population has increased by 53.5 percent, more than half of its total, according to Statistics Indonesia.
One of the main goals of the ASEAN Plan of Action for Energy Cooperation 2016-2025 is to ensure that the citizens of ASEAN have accessibility to electricity.
In the modern world, electricity is deemed a necessity – powering up households and businesses which in turn drives economic growth. It also makes life more comfortable and innovation possible.
Among all the 10-member states of the Association of Southeast Asian Nations (ASEAN), Myanmar lags behind in terms of electricity connectivity to the national grid.
As of 2015, out of the total population of 630 million people living in Association of Southeast Asian Nations (ASEAN) member states, 107 million do not have access to electricity.