According to CoinMeta, as reported by Nikkei Asia, ASEAN member countries will establish a mechanism to share oil product reserves in emergency situations as early as 2027, with the support of Japan. Japan hopes to enhance its economic security through this measure. The plan involves building diesel and gasoline reserve facilities in Indonesia and Thailand, from which the Philippines will be able to purchase these fuels. Previously, due to a lack of reserves, some Southeast Asian countries faced uncertainties in energy supply during this year's conflicts related to Iran. On the eve of the ASEAN summit hosted by the Philippines on Sunday, pnoc Exploration Company will sign a letter of intent with Thai oil storage facility operators and Indonesian company interport during the ASEAN Business and Investment Summit on Saturday. This reserve mechanism will adopt a "reserve certificate system," which has been previously implemented in the European Union and other regions but is being introduced for the first time in ASEAN. During normal times, oil storage facility operators can sell their stored diesel and gasoline as usual; however, in emergency situations, countries or enterprises that have purchased certificates in advance will have priority to purchase fuel in the agreed quantities. Indonesia, Thailand, and the Philippines plan to sign an agreement regarding the implementation of this system on Saturday.