Energy Security Through Dialogue The role of the IEF No van Hulst - - PowerPoint PPT Presentation

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Energy Security Through Dialogue The role of the IEF No van Hulst - - PowerPoint PPT Presentation

Aug 02, 2023 456 likes •655 views

International Energy Forum Energy Security Through Dialogue IEF Energy Security Through Dialogue The role of the IEF No van Hulst Secretary General International Energy Forum (IEF) WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Noé van Hulst Secretary General International Energy Forum (IEF)

Energy Security Through Dialogue

The role of the IEF

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Main Global Energy Trends

The IEF Rome Consensus…

World Energy Demand Grows Significantly Fossil Fuels Dominate the Energy Mix Increasing Interdependence

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Rank Country Reserves (Gbbl) Production (Mbd) World 1258.0 81.8 1 Saudi Arabia 264.1 10.8 2 Iran 137.6 4.3 3 Iraq 115.0 2.4

(Reserves at end 2008, Production for 2008)

Reserves 754.1 Gbbl 60 % Production 26.2 Mbd 32% Volume Share Middle East

Oil Reserves & Production Middle East

BP Statistical Review

Rank Imports from the Middle East Volume (Mbd) Share 1 Asia 13.3 63 % 2 Europe 2.6 19 % 3 USA 2.4 19 %

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Spare Capacity

An Important factor in Global Oil Security

In addition IEA countries hold emergency oil reserves equivalent to at least 90 days of net oil imports of the previous year. Global Oil Supply 85 mbd OPEC (Crude Oil) 29 mbd 8.2 mbd Saudi Arabia (Crude Oil) Spare Capacity 6.6 mbd 3.4 mbd

IEA Monthly Oil Market Report, September 2009

August 2009

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Gas Reserves & Production Middle East

(Reserves at end 2008 – Production for 2008)

Rank Country Reserves (tcm) Production (bcm) World 185.0 3065.6 1 Russia 43.3 601.7 2 Iran 29.6 116.3 3 Qatar 25.5 76.6 Reserves 75.9 tcm 41 % Production 381.1 bcm 12 % Volume Share (%) Middle East

BP Statistical Review

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

IEF covers key consuming & producing countries including those outside IEA and OPEC

More than 90% of Global Oil & Gas Supply and Demand…

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

How?

High-level platforms involving governments and industry Practical ways to improve:

  • Market transparency in oil & gas
  • Investment conditions
  • Sustainability

What?

Enhance and deepen global consumer-producer dialogue Promote more stable and transparent energy markets

Mission of IEF

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Key Results from 11th IEF – Rome, April 2008

Input to 12th IEF Ministerial in Mexico, 29 – 31 March 2010

Assess Extension to Natural Gas (Fall 2009) 7th JODI Conference (Jun 2009) JODI Training Workshops (Incl. Caspian Nov 2009) Unpacking Uncertainties Report (2009-2010) Biofuels Assessment Report (Q4 2009) Expert Group Report on Strengthening IEF Dialogue & Reducing Volatility (Q4 2009) 1st NOC - IOC Forum 1st IEF – IGU Ministerial IEF / IFP Technology (Mar 2009) Gas Forum (Nov 2008) Symposium (Dec 2008) 3rd Asian Ministerial Energy Roundtable (Apr 2009) Human Resources CCS Symposium Symposium (Apr 2009) (Sep 2009) 2nd NOC – IOC Forum 2nd IEF - IGU Gas Forum (2011) (Nov 2010) Energy Poverty Symposium (Dec 2009)

Investment Transparency Sustainability

Platforms for Dialogue Research & Analysis Data Transparency (JODI)

Assess Extension to Annual Data (Fall 2009)

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • Gas markets globalizing through LNG
  • Encourage cross-investment, IOC - NOC co-operation,

R&D

  • Consider Natural Gas Data Initiative for transparency
  • Strengthen global gas dialogue: 2nd IEF/IGU Ministerial

Gas Forum – Qatar November 2010

1st IEF - IGU Ministerial Gas Forum

November 2008

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • Large technological potential in lifting recovery rates
  • CCS/EOR double-win option
  • CCS promising but obstacles must be tackled ASAP
  • Dialogue in IEF to help harvest CCS potential

IEF - IFP Symposium

December 2008

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • Maintain investment: almost $500 billion per annum

needed in oil & gas up to 2030

  • Learn from long-term successful NOC-IOC partnerships

(share skills, develop local infrastructure)

  • Encourage cross-investment: horizontal and vertical

NOC-IOC partnerships

  • 2nd NOC-IOC Forum hosted by TOTAL (2011)

1st NOC – IOC Forum

March 2009

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • 50% of skilled workforce to retire in next 10 years
  • Maintain investment in HR, training and R&D
  • Need to improve perception/image of Industry
  • General public, potential working population, politicians
  • Create “Technical Heroes”
  • Actively build trust and belief in sustainability

HR Crunch – Symposium

April 2009

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • Symposia on CCS and Energy Poverty
  • Report - Unpacking Uncertainty
  • Report – Biofuels Assessment
  • Report – Expert Group recommendations for

strengthening IEF Dialogue & reducing market volatility

Upcoming IEF Events & Reports 2009

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • Follow-up on London Energy Meeting (December 2008)
  • High-Level Steering Group to oversee work of Expert Group

Algeria, France, Germany, Japan, Kuwait, Mexico, Norway, Qatar, Saudi Arabia (Chair), UK (co-chair), USA

  • Independent Expert Group – key questions:
  • How to enhance architecture of the Producer-Consumer Dialogue through the IEF?
  • How to reduce energy market volatility, including linkages between financial and energy markets?
  • Strongly supported by G8
  • Recommendations discussed at IEF Ministerial

Cancun, Mexico 29-31 March 2010

Work of Expert Group Underway

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

Global Participation of 97 countries Number of Smiley Faces ☺

2008

Jul-Dec

2007

Jul-Dec Improvement (%)

2008 Jul-Dec/2007 Jul- Dec

Submission ☺ 82 66 24.2% Timeliness ☺ 54 52 3.8% Completeness☺ 64 56 14.3%

Source: Joint Oil Data Initiative

JODI performance in 2008 improving

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

IEF Secretariat’s Wish List

All countries present three smiley JODI-faces before year-end 2009 Submit annual data upon request to help build new investment database

…”Actions achieve more than words” (Euripides)

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

  • More Oil & Gas Needed Even With Higher Efficiency
  • Growing Interdependence of Consumers & Producers
  • Achieve Tangible Results in Improving Investment,

Transparency & Sustainability towards Mexico 2010

  • IEF’s Role Growing in Global Energy Dialogue

Key Messages

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International Energy Forum Energy Security Through Dialogue IEF

WWW.IEFS.ORG.SA CLINGENDAEL, 21 SEPTEMBER 2009, THE HAGUE

WW WWW.I .IEF EFS.OR .ORG.SA

WWW.JODIDATA.O .ORG