The ministers, issued a joint communiqué following high-level talks stating, "We are urging oil-producing countries to consider not to undertake more cuts in their oil production, as this would have serious implications on the economies of oil-importing countries and eventually slow down the growth of world economy."

"The bilateral talks we are having today is one of the many concrete steps being undertaken to push for the optimised use of existing infrastructures to bolster energy security in the 10-country Association of Southeast Asian Nations, along with China, Japan and Korea. [We] are moving toward strong bilateral cooperation that would allow us to diversify our sources of oil, as well as develop indigenous energy resources," added the statement.