Oil and Gas Markets. Recent Developments. Noé van Hulst, Secretary General, International Energy Forum (IEF)
|
|
|
- Kristopher Bailey
- 6 years ago
- Views:
Transcription
1 International Energy Forum Oil and Gas Markets Recent Developments Noé van Hulst, Secretary General, International Energy Forum (IEF)
2 Fresh IEF Charter Signed by 86 countries at Extraordinary IEF Ministerial Meeting (22 February 2011) Includes all major energy producers and consumers Reinforces commitment (producers / consumers / transit) Procedure for Extraordinary Ministerial Meeting
3 Mitigating Energy Market Volatility IEA / IEF / OPEC cooperation Shared analysis of future trends Linkages - physical and financial markets Enhancing data transparency (oil, gas, investment)
4 Shared Analysis of Energy Market Trends and Outlook 2011 Oil Markets: Consensus on comfortable demand / supply balance / high spare capacity Medium-term: Long-term: Need for: Reduce uncertainty to facilitate investment Consensus ample availability of oil resources Harmonisation of definitions and better explanation of divergences to market Annual Symposium on Outlooks
5 Significant Flexibility in Oil System 2011 is not 2008 IEA * OPEC* 2011 Change 2011 Change World Oil Demand mb/d World Oil Supply mb/d Implied OPEC Spare Capacity mb/d OECD Commercial Oil Stocks mb days days IEA Emergency Stocks 1.56 bn Libyan Oil Exports (Temp. loss) mb/d 1.3 Japanese Extra Oil Demand (Temp.) mb/d Gross max 0.5 Net smaller * Based on March 2011 Oil Market Reports IEA / OPEC
6 Remember the History 10 major oil supply disruptions ( ) < 60 days in 55 years (0.3%) Average gross peak supply loss: 3.1 m/bd Average duration of supply disruption: 4.8 months Other producing countries often stepped in to compensate losses Higher oil prices do impact oil demand (even with lower elasticities) Spending of oil revenues significantly higher than in the past
7 Gas Market Flexibility Excess Gas Supply Capacity: Around 170 bcm in 2010 (IEA WEO 2010) Japan extra gas demand max bcm, extra LNG shipments already en route Other countries, Germany: industry expects extra gas demand Libya gas exports loss max 10.4 bcm largely compensated by other producers Natural gas inventories across Europe are comfortable Continued strong demand growth in Asia e.g. CNPC projects doubling Chinese gas consumption by 2015 around 230 bcm Spot prices rising e.g. TTF +17% since January Excess gas supply capacity may diminish faster than projected in the medium term and don t forget coal: extra demand from Japan, coal prices up.
8 Linkages between Physical and Financial Markets Wide divergence of views: Fundamentals vs financials Consensus: Greater transparency (oil inventories, OTC) Need for strong international co-ordination of regulation Continue horizontal dialogue between physical / financial oil markets plan next meeting in fall 2011
9 Number of countries with smiley face Enhancing Data Transparency Report to G20 Finance Ministers (April 2011) Oil spot market prices - assessment by oil price reporting agencies Joint Organisations Data Initiative (Jodi) Performance JAN-JUN 2007 JUL-DEC 2007 JAN-JUN 2008 JUL-DEC 2008 JAN-JUN 2009 JUL-DEC 2009 JAN-JUN 2010 JUL-DEC 2010 Submission Timeliness Completeness
10 Improving the Quality of Interim Report to IEF Ministers & G20 Finance Ministers (February 2011) Jodi Organisations: New tools / practices, enhance interaction with data users Training Statisticians, upgrade website / database Countries: Energy data offices better equipped / staffed Appropriate regulation and tackle confidentiality Target: 3 Smiley Faces before year-end 2011
11 Extension of to Gas and Annual Investment Data Monthly gas data Launch before end 2011 supply, demand, stocks Cooperation with all relevant organisations (including GECF) Annual data, start with First results in 2012 capacity expansion, upstream / downstream critical for demand / supply balance medium - term
12 The Way Forward Final Report: IEA / IEF / OPEC Improving quality of JODI April 2011, G20 Finance Ministers Joint Report: IEA / IEF / OPEC / IOSCO Spot market prices / oil price reporting agencies, April 2011 Joint Report: IMF / IEF / IEA / OPEC / GECF Price volatility of Oil, Gas, and Coal, October 2011 Deliver concrete results on transparency for G20 on request
13
The IEF Charter & Energy Security
International Energy Forum The IEF Charter & Energy Security Noé van Hulst, Secretary General, International Energy Forum (IEF) International Energy Forum IEF covers key consuming & including those outside
The Global Dialogue in Oil & Gas
International Energy Forum The Global Dialogue in Oil & Gas Noé van Hulst, Secretary General, International Energy Forum (IEF) Main Global Energy Trends The IEF Consensus World Energy Demand Grows Significantly
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET Summary findings from a comparison of data and forecast on the oil market by the International Energy Agency, and Organization of the Petroleum
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET Summary findings from a comparison of data and forecast on the oil market by the International Energy Agency, and Organization of the Petroleum
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET
COMPARATIVE ANALYSIS OF MONTHLY REPORTS ON THE OIL MARKET Summary findings from a comparison of data and forecast on the oil market by the International Energy Agency, and Organization of the Petroleum
Crude Oil Price Volatility Crude oil price continued to be volatile (US$/bbl) Continued upswing in Collapse after Rehman shock Price surge aft
Current Situation and Outlook for the Oil & Gas (LNG) Market Session 2 IEEJ/CNPC ETRI Joint Symposium November 8 th, 2017 Dr. Ken Koyama Chief economist and managing director Institute of Energy Economics,
PRESS RELEASE ASIAN ENERGY MINISTERS MEET TO DISCUSS GLOBAL ENERGY MARKETS IN TRANSITION, AND MOVE FROM VISION TO ACTION
PRESS RELEASE ASIAN ENERGY MINISTERS MEET TO DISCUSS GLOBAL ENERGY MARKETS IN TRANSITION, AND MOVE FROM VISION TO ACTION Released on 2 November 2017 Shangri La Hotel Bangkok, the Kingdom of Thailand The
Monthly gas data collection by IEA. Mieke Reece Energy Statistics Division
Monthly gas data collection by IEA Mieke Reece Energy Statistics Division OECD/IEA 2010 OECD and IEA member countries IEA OECD 28 IEA Members countries versus 34 OECD countries IEA collects energy data
Joint Oil Data Initiative
Joint Oil Data Initiative August 2009 Issue 16 Inside This Issue p2 Making progress p4 Expectations p5 Shift in discussion focus p6 The way forward p8 Photo gallery JODI has a vital role to play in enhancing
Energy Statistics: Making the Numbers Count
Energy Statistics: Making the Numbers Count IFEG Autumn Seminar, 5 th November 29 Paul Appleby, BP Group Economics Team Working with Energy Statistics The key challenges. Finding relevant & reliable data
Gas in Power Generation Sector, the story as told by Jodi-Gas database.
1 GECF Gas in Power Generation Sector, the story as told by Jodi-Gas database. Mohamed Arafat Data Bank Analyst, GECF 14th Regional JODI Training Workshop 9-11 November 2016, Moscow, Russia 2 Agenda Why
Gas Supply Security in Europe in the long term:some key issues
Gas Supply Security in Europe in the long term:some key issues Frits van Oostvoorn Energy research Centre of the Netherlands, ECN 24 th NA Conference of USAEE/IAEE Washington, 10 July 2004 Topics of presentation
Worldwide engagement for sustainable energy strategies
Worldwide engagement for sustainable energy strategies Ensuring global energy supplies and economic growth Building a cleaner, more efficient energy future globally Promoting energy technologies to bridge
State of play the EU s LNG and storage strategy
State of play the EU s LNG and storage strategy Zsuzsanna Széles European Commission, GIE Annual Conference Prague, 22 June 2017 EU strategy for LNG and storage: important tools for diversification and
Global Energy Outlook. Offshore Center Danmark Esbjerg Jon Fløgstad, Manager Nordic Oil & Gas Ernst & Young September 13 th, 2012
Global Energy Outlook Offshore Center Danmark Esbjerg Jon Fløgstad, Manager Nordic Oil & Gas Ernst & Young September 13 th, 2012 Agenda Introduction Short-term perspectives Longer-term perspectives Concluding
BP Energy Outlook 2016 edition
BP Energy Outlook 216 edition Mark Finley 14th February 216 Outlook to 235 bp.com/energyoutlook #BPstats Economic backdrop Trillion, $21 25 Other 2 India Africa 15 China 1 OECD 5 OECD 1965 2 235 GDP 2
AN INTERNATIONAL ENERGY FORUM PUBLICATION 22 JANUARY 2014
FOURTH IEA-IEF-OPEC SYMPOSIUM ON ENERGY OUTLOOKS AN INTERNATIONAL ENERGY FORUM PUBLICATION 22 JANUARY 2014 INTRODUCTORY PAPER A COMPARISON OF RECENT IEA AND OPEC OUTLOOKS International Energy Forum in
Session I OPEC s World Oil Outlook 2014
Fifth IEA-IEF-OPEC Symposium on Energy Outlooks Session I OPEC s World Oil Outlook 2014 Presented by: Mr. Oswaldo Tapia Head, Energy Studies Department, OPEC IEF Headquarters Riyadh, Saudi Arabia 23rd
The Economics of LNG Export Contract Flexibility: a quantitative approach
The Economics of LNG Export Contract Flexibility: a quantitative approach By Yichi Zhang, 29 October 2012, EPRG weekly seminar Supervisors: Pierre Noel, Chi Kong Chyong shebazhang@gmail.com Introduction
The International Energy Charter & International Energy Forum: existing complementarities and possible synergies
The International Energy Charter & International Energy Forum: existing complementarities and possible synergies Dec. 1991 European Energy Charter political commitment not legally binding Dec. 1994 - Energy
TANKER MARKET INSIGHT
TANKER MARKET INSIGHT April 18 Research Department, Strategic Development Mar-17 Apr-17 May-17 Jul-17 Aug-17 Oct-17 Nov-17 Jan-18 Feb-18 Mar-17 Apr-17 May-17 Jul-17 Aug-17 Oct-17 Nov-17 Jan-18 Feb-18 $
BP Energy Outlook 2016 edition
BP Energy Outlook 216 edition Spencer Dale, group chief economist Outlook to 235 bp.com/energyoutlook #BPstats Disclaimer This presentation contains forward-looking statements, particularly those regarding
The challenges of a changing energy landscape
The challenges of a changing energy landscape October 26 th 2016 Maria Pedroso Ferreira EDP Energy Planning maria.pedrosoferreira@edp.pt Agenda 1 A changing energy landscape 2 Challenges and opportunities
Asian Energy Outlook up to 2035
Asian Energy Outlook up to 2035 A Joint Study to Develop the Asian Energy Outlook by experts from Asian Petroleum Producing-Consuming Countries April 18, 2011 *This outlook was made in February 2011, therefore
Energy Outlook. Kurt Barrow Vice President, Oil Markets, Midstream and Downstream Insights, IHS Markit
Energy Outlook Kurt Barrow Vice President, Oil Markets, Midstream and Downstream Insights, IHS Markit kurt.barrow@ihsmarkit.com Building a Foundation for Profitable Growth in Uncertain Markets Agenda Short-term
SESSION 3. IEA/ASEAN/ASCOPE Workshop Oil Supply Disruption Management Issues Cambodia, 6 April Norio EHARA. Head, Non-Member Countries Division
SESSION 3 IEA/ASEAN/ASCOPE Workshop Oil Supply Disruption Management Issues Cambodia, 6 April 2004 Norio EHARA Head, Non-Member Countries Division International Energy Agency Increase in Primary Oil Demand
Prospects for unconventional natural gas supply in Asia
Perth, 16 February 2016 Prospects for unconventional natural gas supply in Asia Roberto F. Aguilera Background Expansion of natural gas share in primary energy mix, especially Asia Gas demand is dominated
& ECONOMIC STATISTICS
2011 EDMC HANDBOOK of ENERGY & ECONOMIC STATISTICS in JAPAN CONTENTS Japan Chapter I. Energy and Economics 1.Economic Indices... 4 ( 1 ) GDP and Major Energy Related Indicators... 5 ( 2 ) National Accounts
Assessing oil markets during oil supply disruptions. Jan Bartos Emergency Policy Division, IEA IEA Training Week Paris, 9 April 2013
Assessing oil markets during oil supply disruptions Jan Bartos Emergency Policy Division, IEA IEA Training Week Paris, 9 April 2013 Emergency response IEA raison d être Emergency response to oil supply
BP Energy Outlook 2017 edition
BP Energy Outlook 217 edition Margaret Chen Head of China Economist bp.com/energyoutlook #BPstats Economic backdrop Contributions to GDP growth by factor Contributions to GDP growth by region % per annum
Situation and Outlook of the Canadian Livestock Industry
Situation and Outlook of the Canadian Livestock Industry 2011 USDA Agricultural Outlook Forum Tyler Fulton February 25, 2011 tyler@hamsmarketing.ca Lost in Translation Canadian Livestock Industry - Outline
Questions for Claude Mandil Interview December 7 th at the OECD To be aired at the Lunch December 14 th at the Global Gas Flaring Reduction Forum
Questions for Claude Mandil Interview December 7 th at the OECD To be aired at the Lunch December 14 th at the Global Gas Flaring Reduction Forum 1) As the international community is debating issues related
Oil Security Index Quarterly Update. April 2014
Oil Security Index Quarterly Update April 2014 2 Oil Security Index Quarterly Update April 2014 Oil Security Index Rankings The Oil Security Index is designed to enable policymakers and the general public
GLOBAL AND RUSSIAN ENERGY OUTLOOK 2016
THE ENERGY RESEARCH INSTITUTE OF THE RUSSIAN ACADEMY OF SCIENCES THE ANALYTICAL CENTER FOR THE GOVERNMENT OF THE RUSSIAN FEDERATION GLOBAL AND RUSSIAN ENERGY OUTLOOK 216 Edited by A.A. Makarov, L.M. Grigoryev,
Oil prices and the gas market
CEDIGAZ, the International Association for Natural Gas Oil prices and the gas market Geoffroy Hureau - Secretary General - CEDIGAZ Gastech -Singapore 27-30 Oct 2015 1 Outline Gas pricing overview Global
WORLD ENERGY OUTLOOK Dr. Fatih Birol Chief Economist Head, Economic Analysis Division
WORLD ENERGY OUTLOOK 2002 Dr. Fatih Birol Chief Economist Head, Economic Analysis Division World Energy Outlook Series World Energy Outlook 1998 World Energy Outlook - 1999 Insights: Looking at Energy
Climate change and the global energy transition
Climate change and the global energy transition Dave Turk Acting Director Directorate of Sustainability, Technology and Outlooks Global emissions stagnate, but there are regional variations Change in annual
Analysis of Fossil Fuel Subsidies in Kazakhstan
Analysis of Fossil Fuel Subsidies in Kazakhstan Lyazzat Nugumanova* *Lyazzat Nugumanova Justus Liebig University of Giessen PhD Student Zeughaus, Senckenberbergstrasse 3, D-35390 Giessen 0641-99-37063
Electric Forward Market Report
Mar-01 Mar-02 Jun-02 Sep-02 Dec-02 Mar-03 Jun-03 Sep-03 Dec-03 Mar-04 Jun-04 Sep-04 Dec-04 Mar-05 May-05 Aug-05 Nov-05 Feb-06 Jun-06 Sep-06 Dec-06 Mar-07 Jun-07 Sep-07 Dec-07 Apr-08 Jun-08 Sep-08 Dec-08
Outlook for Gas Markets
IEEJ IEEJ:Published 2015 年 7 in 月 August 禁無断転載 2015 All rights reserved The 420th Forum on Research Work July 10, 2015 Outlook for Gas Markets The Institute of Energy Economics, Japan Tetsuo Morikawa Manager,
Comparison of Recent Short-, Medium-, and Long-term Energy Outlooks
Comparison of Recent Short-, Medium-, and Long-term Energy Outlooks Fourth IEA-IEF-OPEC Symposium on Energy Outlooks Richard Newell, Director, Duke University Energy Initiative Gendell Professor of Energy
World Energy Outlook 2007: China and India Insights
World Energy Outlook 2007: China and India Insights William C. Ramsay Deputy Executive Director International Energy Agency Singapore, 9 November 2007 Approach Co-operation with China s NDRC & ERI, India
LNG in the Asia Pacific
2016/EWG52/WKSP1/004 LNG in the Asia Pacific Submitted by: APERC Asia Pacific Energy Research Centre Workshop Moscow, Russia 18 October 2016 APERC Workshop at EWG52 Moscow, Russia, 18 October, 2016 3-2.
Providing a secure natural gas supply for Europe
International Association of Oil and Gas Producers Providing a secure natural gas supply for Europe 3rd South East Europe Energy Dialogue on 18-19 June Who are OGP? International Association of Oil & Gas
Amy Myers Jaffe Executive Director Energy and Sustainability University of California - DAVIS. Outlook for Global Oil Markets
Amy Myers Jaffe Executive Director Energy and Sustainability University of California - DAVIS Outlook for Global Oil Markets Cycle unlikely to progress in exactly the same manner as past cycles as it reflects
INVESTMENT OPPORTUNITIES AND BUSINESS IN
INVESTMENT OPPORTUNITIES AND BUSINESS IN THE AFRICAN CONTINENT World Services Group Spier Hotel, Stellenbosch, South Africa 13 October 2016 Dr Iraj Abedian PAN-AFRICAN INVESTMENT & RESEARCH SERVICES Outline
The geopolitics of new energy realities
The changing dynamics of global energy markets: The geopolitics of new energy realities Tom Howes DG European Commission Target: a low carbon-economy by 2050 100% 100% 80% Power Sector Current policy 80%
CONTENTS PART A TABLE OF GLOBAL ENERGY TRENDS PART B SPECIAL FOCUS ON NATURAL GAS PART C CHINA ENERGY OUTLOOK ANNEXES
TABLE OF CONTENTS PART A PART B GLOBAL ENERGY TRENDS SPECIAL FOCUS ON NATURAL GAS PART C CHINA ENERGY OUTLOOK ANNEXES INTRODUCTION AND SCOPE 1 OVERVIEW 2 ENERGY, EMISSIONS AND UNIVERSAL ACCESS 3 OUTLOOK
Global Energy Governance Reform and China's Participation Consultation Draft Report
Global Energy Governance Reform and China's Participation Consultation Draft Report Energy Research Institute, NDRC; Grantham Institute for Climate Change, Imperial College London February 2014 1 Contents
GLOBAL AND RUSSIAN ENERGY OUTLOOK 2016
THE ENERGY RESEARCH INSTITUTE OF THE RUSSIAN ACADEMY OF SCIENCES THE ANALYTICAL CENTER FOR THE GOVERNMENT OF THE RUSSIAN FEDERATION GLOBAL AND RUSSIAN ENERGY OUTLOOK 216 Prof. Len Grigoriev and Dr. Tatiana
Coal, Carbon, and the Future of the Global Energy Mix
Coal, Carbon, and the Future of the Global Energy Mix By Richard Morse Woods Institute Energy Seminar March 4, 2009 Agenda 1. Background 2. Fundamentals of the Global Trade 3. Coal in the West: Impact
32nd International Ferro-alloys Conference Prague, 6-8 November Markets, prices and trends
32nd International Ferro-alloys Conference Prague, 6-8 November 2016 Markets, prices and trends Agenda 1. Role of a Price Reporting Agency (PRA) in ferro-alloy price discovery 2. Pricing trends of ores
Impacts of the EU ETS on Electricity Prices
Impacts of the EU ETS on Electricity Prices Prof. P. Capros E3Mlab - NTUA, kapros@central.ntua.gr Presented to Final Meeting of ETRES - Life Project Athens, March 31, 2006 The EU ETS - definition Cap and
GE OIL & GAS ANNUAL MEETING 2016 Florence, Italy, 1-2 February
Navigating energy transition Keisuke Sadamori Director for Energy Markets and Security IEA GE OIL & GAS ANNUAL MEETING 2016 Florence, Italy, 1-2 February 2016 General Electric Company - All rights reserved
Challenges of Fracking for the MENA Region Martin Bachmann, Member of the Board
Challenges of Fracking for the MENA Region Martin Bachmann, Member of the Board NUMOV German MENA Conference Berlin, 26 January 2017 Simplified Model of Hydrocarbon Deposits Conventional versus Unconventional
Energy Perspectives 2016 Long-term macro and market outlook
Energy Perspectives 216 Long-term macro and market outlook Columbia University, 16 November 216 Eirik Wærness, Senior vice president and Chief economist 2 Energy Perspectives 216 Macro and market outlook
Janvier D. Nkurunziza, Commodities Branch, UNCTAD
United Nations Conference on Trade and Development 10th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 25-26 April 2018, Geneva Recent trends and outlook on commodity markets By Janvier D. Nkurunziza,
CONTENTS TABLE OF PART A GLOBAL ENERGY TRENDS PART B SPECIAL FOCUS ON RENEWABLE ENERGY OECD/IEA, 2016 ANNEXES
TABLE OF CONTENTS PART A GLOBAL ENERGY TRENDS PART B SPECIAL FOCUS ON RENEWABLE ENERGY ANNEXES INTRODUCTION AND SCOPE 1 OVERVIEW 2 OIL MARKET OUTLOOK 3 NATURAL GAS MARKET OUTLOOK 4 COAL MARKET OUTLOOK
OPEC. Organization of the Petroleum Exporting Countries. Monthly Oil Market Report. June Feature Article:
OPEC Organization of the Petroleum Exporting Countries Monthly Oil Market Report June 26 Feature Article: Global oil demand prospects for the second half of the year Oil Market Highlights Feature Article
BP Energy Outlook 2017 edition
BP Energy Outlook 2017 edition Bob Dudley Group chief executive bp.com/energyoutlook #BPstats BP Energy Outlook 2017 edition Spencer Dale Group chief economist bp.com/energyoutlook #BPstats Economic backdrop
Medium Term Renewable Energy Market Report Michael Waldron Senior Energy Market Analyst Renewable Energy Division International Energy Agency
Medium Term Renewable Energy Market Report 13 Michael Waldron Senior Energy Market Analyst Renewable Energy Division International Energy Agency OECD/IEA 13 Methodology and Scope OECD/IEA 13 Analysis of
Agricultural Outlook Forum Presented: February 17, 2006 CHINESE FROZEN STRAWBERRY EXPORTS
Agricultural Outlook Forum Presented: February 17, 2006 CHINESE FROZEN STRAWBERRY EXPORTS Dave Yvanovich Vice President and General Manager Frozsun Foods China s Strawberry Industry Emerging into the World
Oil Security Index Quarterly Update
Oil Security Index Quarterly Update October 2014 Oil Secur Index 2 Oil Security Index Quarterly Update October 2014 Oil Security Index Rankings The Oil Security Index is designed to enable policymakers
World Energy Outlook 2013
World Energy Outlook 2013 Paweł Olejarnik IEA Energy Analyst Warszawa, 15 Listopada 2013 The world energy scene today Some long-held tenets of the energy sector are being rewritten Countries are switching
Energy Statistics and IEA Energy Statistics
IEA Training Week IEA, Paris, 8-12 April 2013 Energy Statistics and IEA Energy Statistics Jean-Yves Garnier Head, IEA Energy Statistics Division Energy Statistics and IEA Energy Statistics Overview Any
INTERNATIONAL ENERGY AGENCY. In support of the G8 Plan of Action TOWARD A CLEAN, CLEVER & COMPETITIVE ENERGY FUTURE
INTERNATIONAL ENERGY AGENCY In support of the G8 Plan of Action TOWARD A CLEAN, CLEVER & COMPETITIVE ENERGY FUTURE 2007 REPORT TO THE G8 SUMMIT in Heiligendamm, Germany The International Energy Agency,
17 th February 2015 BP Energy Outlook bp.com/energyoutlook #BPstats BP p.l.c. 2015
17 th February 215 BP bp.com/energyoutlook #BPstats Economic backdrop GDP Trillion, $211 PPP 24 Other Non-OECD Asia 18 OECD Contribution to GDP growth Trillion $211 PPP, 213-35 9 Population Income per
JOINT WORK PROGRAMME BETWEEN THE MINISTRY OF ENERGY AND MINERAL RESOURCES OF THE REPUBLIC OF INDONESIA AND THE INTERNATIONAL ENERGY AGENCY
JOINT WORK PROGRAMME BETWEEN THE MINISTRY OF ENERGY AND MINERAL RESOURCES OF THE REPUBLIC OF INDONESIA AND THE INTERNATIONAL ENERGY AGENCY 2016-2017 The International Energy Agency (IEA) and the Ministry
MINISTER S SPEECH. Fourth Asian Round Table in Kuwait City ENERGY PRICE VOTALITY 18 th April 2011.
MINISTER S SPEECH Fourth Asian Round Table in Kuwait City ENERGY PRICE VOTALITY 18 th April 2011. His Excellency, Minister of Oil and Minister of Information, State of Kuwait, Honorable Chair, Honorable
6 th Asian Petrochemicals Markets Conference Shanghai, 19 April Tae-Yoon Kim
6 th Asian Petrochemicals Markets Conference Shanghai, 19 April 2017 Tae-Yoon Kim Renewables Renewables Mtoe A new fuel in pole position Change in total primary energy demand 2 000 1990-2015 2015-2040
GLOBAL OIL MARKET TRENDS
GLOBAL OIL MARKET TRENDS Brent timeline and latest forward curve: Prompt prices recovering, back-end more stable ICE Brent crude, historical front month contract price and latest forward curve Our view
Global Market Pulp Statistics
Global Market Pulp Statistics Bleached Kraft Pulp November Data 217 Global Statistics for Bleached Kraft Market Pulp The statistics in this file is based on EPIS (European Pulp Industry Sector) data, distributed
Working together to meet global energy challenges
Working together to meet global energy challenges Staff on loan From around the world From IEA and OECD member countries: Australia Austria Belgium Canada Chile Czech Republic Denmark Estonia Finland France
OECD/IEA Dr. Johannes Trüby, IEA IGU Diplomatic Gas Forum Oslo 5 December 2017
Dr. Johannes Trüby, IEA IGU Diplomatic Gas Forum Oslo 5 December 2017 Tipping the energy world off its axis Four large-scale upheavals in global energy set the scene for the new Outlook: The United States
SGX Freight Monthly Report January 2017
1 February 217 SGX Freight Monthly Report January 217 Market Overview SGX freight derivative volumes totaled 3,591 contracts in January (-5% m/m; -34% y/y), while open interest averaged 88,539 contracts
Terms of Reference Governance Committee
1. Purpose Terms of Reference Governance Committee The Governance Committee is responsible for ensuring that BC Assessment and its Board develop and implement an effective approach to corporate governance.
LETTER OF INTENT between THE MINISTRY OF ENERGY AND MINERAL RESOURCES (MEMR) THE REPUBLIC OF INDONESIA. and THE INTERNATIONAL ENERGY AGENCY (IEA)
LETTER OF INTENT between THE MINISTRY OF ENERGY AND MINERAL RESOURCES (MEMR) THE REPUBLIC OF INDONESIA and THE INTERNATIONAL ENERGY AGENCY (IEA) ON A NATIONAL ENERGY POLICY REVIEW OF INDONESIA I THE MINISTRY
eee eee ee e eeyy EsEE s Es E 6ee s ss s s s s s s s e eee ee eeeee
s k s k s k s e eee eee ee e eeyy EsEE s Es E s ss s s s s s 6ee 666666666 s s s s s e eee ee eeeee 4 4444 s s s s ss s s s s s s s e eee ee eeeee s k s k s k s 4444 e eey y6 6 e e e e ee e y e ee6 ee
Chinese Energy Sector s Role in Low Carbon Transition
Side-event Chinese Energy Sector s Role in Low Carbon Transition Paul SIMONS Deputy Executive Director International Energy Agency Marrakech China Pavillon, 15 November 2016 The IEA works around the world
Chapter 2. OVERVIEW OF THE OECD INDICATORS OF AGRICULTURAL SUPPORT
Chapter 2. OVERVIEW OF THE OECD INDICATORS OF AGRICULTURAL SUPPORT 7. This chapter begins with a brief summary of why the OECD indicators of agricultural support ( the indicators ) have been developed.
Building sustainable, profitable growth
Building sustainable, profitable growth Victor Tapia President, Minerals Capital business area Metso Capital Markets Day June 1, 2017 Agile model Right company to operate in all market situations Growth
European Gas Markets Summit. February 15th 2011
Will oil indexation in long term take or pay contracts survive the current divergence between the prices of crude oil and traded gas? Howard V Rogers Senior Research Fellow, OIES Natural Gas Programme
SALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX. (Southeast Asia)
SALE OF 0.5 MTPA MINI BLAST FURNACE COMPLEX (Southeast Asia) 1 Executive Summary valuejunction, a business unit of mjunction (A SAIL Tata Steel joint venture) is appointed by a leading steel manufacturer
Changing World of Oil and Gas March 23 th, 2017
Changing World of Oil and Gas March 23 th, 217 Vladimir Drebentsov Head of Russia and CIS Economics, BP plc bp.com/statisticalreview bp.com/energyoutlook #Bpstats US new-well oil production per rig hasn
IMI Critical Engineering. Roy Twite Divisional Managing Director
IMI Critical Engineering Roy Twite Divisional Managing Director 1 Behind the numbers 100 Value Engineering workshops held in the last 12 months 69m Orders H1 2017 from Value Engineering 12 Plants consolidated
Japan s International Cooperation for Resource Efficiency and the 3Rs
22/2/2016 (Mon) Japan s International Cooperation for Resource Efficiency and the 3Rs Kazuhisa MATSUDA Director Office of Sound Material-Cycle Society, Waste Management and Recycling Department Ministry
Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst
Signs align for corn profit hopes Short crop in Brazil could be fix the market needs By Bryce Knorr, senior grain market analyst Corn growers enjoyed an outbreak of optimism last week at Commodity Classic
Short Term Energy Outlook March 2011 March 8, 2011 Release
Short Term Energy Outlook March 2011 March 8, 2011 Release Highlights West Texas Intermediate (WTI) and other crude oil spot prices have risen about $15 per barrel since mid February partly in response
Simon Upton OECD, Director for the Environment Sustainable Development Forum 2014 Prague, 28 November 2014
Economic Instruments to Achieve Sustainable Development Simon Upton OECD, Director for the Environment Sustainable Development Forum 2014 Prague, 28 November 2014 Align policies? Internalise externalities?
World Energy China Outlook
World Energy China Outlook Presentation Xiaojie XU Chief Fellow and Director IWEP Energy Chinese Academy of Social Sciences xiaojie_xu@yahoo.com books.ssap.com.cn/mallstore/ 1 Disclaimer This report in
Lifting the Lid on Price Revision and Re-Opener Clauses
Lifting the Lid on Price Revision and Re-Opener Clauses LNG Pricing and Price Review Triggers P R E S E N T E D T O : C5 LT Gas Supply Contracts, Singapore P R E S E N T E D B Y Dan Harris With Léa Grausz
The IEA outlook for gas. Laszlo Varro Head, Gas Coal and Power Markets
The IEA outlook for gas Laszlo Varro Head, Gas Coal and Power Markets For gas the Asian century is just starting 3 000 Mtoe Primary energy consumption 2 500 coal gas 2 000 1 500 1 000 500 - Asia Europe
Unconventional Oil & Gas: Reshaping Energy Markets
Unconventional Oil & Gas: Reshaping Energy Markets Guy Caruso Senior Advisor JOGMEC Seminar 7 February 2013 Landscape is Changing Even as We Sit Here Today - US Projected to reach 90% Energy Self-Sufficiency
Summer Fuels Outlook. Gasoline and diesel. April 2018
April 2018 Summer Fuels Outlook This outlook focuses on prices and consumption of gasoline, diesel, and electricity (see Summer Fuels Outlook motor gasoline table and electricity table). The use of these
ICCA s Contribution to SAICM: (GPS)
ICCA s Contribution to SAICM: The Global Product Strategy The Global Product Strategy (GPS) About ICCA The International Council of Chemical Associations (ICCA) is the world-wide voice of the chemical
Oil and natural gas: market outlook and drivers
Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics
OIL AND GAS OUTLOOK: HOW ARE THE ENERGY MARKET AFFECTING METALS? Nicole Leonard, Project Manager, Oil & Gas Consulting Services November 2015
OIL AND GAS OUTLOOK: HOW ARE THE ENERGY MARKET AFFECTING METALS? Nicole Leonard, Project Manager, Oil & Gas Consulting Services November 2015 KEY TAKEAWAYS Macroeconomic outlook: Prices have collapsed
Executive summary. Butter prices at record levels
June 2017 Executive summary Butter prices at record levels South African milk production growth disappointed in the first five months of 2017. Total production during this period is marginally lower than