Asian economies are increasing their oil and gas storage capacity closer to home to reduce reliance on Middle East conflicts. Japan launched a $10 billion POWERR Asia initiative to help Southeast Asian nations build strategic stockpiles. The Philippines' parliament approved a bill for a 60-day government reserve, and Thailand is advancing plans for new cross-peninsula crude pipelines and tank farms. India aims to add 1.75 million metric tonnes (13 million barrels) to its reserves and considers storing some at the UAE's Fujairah port. South Korea is contemplating expanding its oil reserves by 30-40 million barrels, while China's 2026-2030 five-year plan includes provisions for more pipelines and expanded LNG storage.