The new association is meant to advise Asia-Pacific governments on energy policies to meet national demands, ease energy transition and achieve international goals set in the Paris Agreement.
ANGEA is founded by super-majors Chevron and ExxonMobil, Japan’s Jera, JGC Holdings Corporation and Mitsubishi Heavy Industries, Australia’s Santos and South Korea’s SK E&S Company.
“Asia Pacific will be 60% of the world’s economic growth by 2030. This will require nations to meet a significant increase in energy demand, while simultaneously switching to renewable and lower-carbon energy sources to meet energy security needs,” said Nigel Hearne, ANGEA chairman and president of Chevron’s EurAsia Pacific Exploration and Production Company.
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