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Singapore

MTI 4/2-025

MINISTRY OF TRADE & INDUSTRY 100 High Street #08-01 The Treasury Singapore 179434 REPUBLIC OF SINGAPORE DID: 3327230 Fax: 3342367

17 Aug 2000

Mr Peter Meisen
Global Energy Network Institute
Suite 901 World Trade Centre of San Diego
1250 Sixth Ave.
San Diego, CA 92101

PROPOSAL TO UN MILLENIUM ASSEMBLY ON ENERGY GRID INTERCONNECTION

1.      I refer to your letter to our Prime Minister dated 19 July 2000.

2.     Singapore supports the initiative to promote greater interconnection of power grids amongst neighbouring countries. This initiative will allow countries to tap into cheaper and renewable sources of energy for sustainable development.

3.     ASEAN countries are working towards the realisation of two energy grids, the ASEAN Power Grid and the Trans-ASEAN Gas Pipeline. The two grids will allow countries to harness cleaner energy sources within the region, such as natural gas and hydropower. ASEAN countries have established an ASEAN Interconnection Master Plan Study Working Group to address the commercial, regulatory and legal issues surrounding the interconnection of energy grids and to support the developing of energy trading activities within ASEAN. Groups in ASEAN are also looking into developing compatible policy frameworks within ASEAN to facilitiate physical linking of national grids. We hope to gain the support of private sector investors to secure the necessary financing for these regional infrastructural projects.

Regards,

LEE YUEN HEE
DIRECTOR (RESOURCE DEVELOPMENT)
MINISTRY OF TRADE AND INDUSTRY

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