EN
Rising consumption of energy is an integral part of economic growth - the larger share of industrial activity and services in the GDP the larger the demand for energy. Southeast Asia, and especially Singapore, has been at the forefront of economic growth for decades. Coupled with geological make-up of the region of unevenly spread energy resources countries are forced to satisfy their needs with imports. Most important is import of crude oil. Persian Gulf countries forming the Gulf Cooperating Council are the main partners supplying crude to Association of South East Asian Nations. Singapore as the only country in ASEAN without any natural resources is currently dependent on imports of energy resources from the Persian Gulf countries.