The International Energy Agency has welcomed Singapore as an IEA Association Country.
By joining the IEA as an Association Country, Singapore will build on existing collaborations to partner the IEA on two new initiatives.
Firstly, it will host a new Singapore-IEA regional training hub next year to provide energy programmes to develop industry-specific capabilities in the region.
And secondly it will hold the first Singapore-IEA Forum, which will provide a platform for energy stakeholders to engage in a debate on the future of the industry and preview IEA initiatives.
Becoming an Association Country is particularly important for Singapore given its role as a regional energy hub in the heart of Southeast Asia – a region where the IEA predicts energy demand is set to increase 80 per cent by 2040 due to a booming population and robust economic growth.
IEA Executive Director Dr Fatih Birol said: "I am particularly happy to welcome Singapore into the IEA family. It is an important player both regionally and globally and has put in place strong policies to ensure secure, sustainable and competitive energy supply. We look forward to building even stronger ties between the IEA and Singapore, especially because it is in a strategic position to support the energy transition in Southeast Asia."