Report links energy crisis to security

October 11, 2007 -

An energy crisis could pose security risks for Australia by pushing fragile states in the region towards collapse, a report has warned.
The Australian Strategic Policy Institute said in the report that such a threat should be factored into foreign and defence policy.
It said the increasing dependence of the world on energy from unstable regions like the Middle East meant obtaining an adequate supply of affordable energy would become a bigger part of most nations' security plans.
"Australia's self-sufficiency in oil products is declining markedly, and like most other Asia-Pacific states, Australia will become increasingly dependent on imports from the Middle East in the next decades," the document said.
The institute said that Australia's smaller neighbours would be most vulnerable if energy supplies were threatened.
"Most of the fragile states in the Asia Pacific are completely dependant on energy imports, and would have little economic resilience in the face of such a major shock. Read More