International Cooperation on Energy Data Transparency, Outlooks, and - - PowerPoint PPT Presentation
Moscow| Nov 17-19 | 2015 International Cooperation on Energy Data Transparency, Outlooks, and Harmonization of Data Exploration, Production, Processing 2015 International Forum Moscow Fuad A Al-Zayer Global Coordinator, Energy Data
Exploration, Production, Processing 2015 International Forum – Moscow
Fuad A Al-Zayer Global Coordinator, Energy Data Transparency, IEF Moscow| Nov 17-19 | 2015
Session : Scenario, Forecasts, & Statistics
systems of energy statistics
increasing their transparency
Cooperation
IEF-OPEC Cooperation Model
Cooperation
IEF-OPEC Cooperation Model
IEF Member Countries
Account for around Global Oil and Gas Supply & Demand
IEF Industry Advisory Committee (IAC)
Values IEF Neutrality and Convening Power
Neutrality and Cooperation
IEF raises key issues - facilitates stakeholder engagement
Experts Ministers OPEC G20 IEA EU UNSD Eurostat APEC OLADE Officials Academi a IGU Producer CEOs Consumer Transit GECF
IEF Uniqueness
The IEF: The Road to International Cooperation and Transparency
Russia: A Big Supporter Energy Dialogue and IEF Role
Cooperation
IEF-OPEC Cooperation Model
JODI = International Cooperation
Why does the world need energy data transparency (JODI)?
0% 2% 4% 6% 8% 10% 12% 14% 16% 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014
JODI was born to Address Oil Price Volatility
Source: ICE
JODI Started with Oil:
The Leader of Energy Sources
35 35 32 27 29 30 30 29 23 23 24 26 6 6 6 6 3 3 3 3 4 4 4 5 1 1 1 4 5 10 15 20 25 30 35 40 2009 2010 2020 2035 % Oil Coal Gas Nuclear Hydro Biomass Other Renewables
The Journey of JODI: Still Going Strong
Bangkok Apr 01 Riyadh Nov 01 Mexico May 02 Osaka 2002 Cairo Oct 03 Doha 2006 Riyadh 2000 Bali Oct 04 Riyadh Nov 06 A’dam 2004 Rome 2008 Quito Jun 09 Cancun 2010 Kuwait 2012 Moscow 2014 Moscow Oct 10 Beijing Oct 11 KL Nov 09 Bangkok Sep 08 Riyadh Mar 08 Algiers Oct 07 J’burg Jan 07 Rabat Oct 12 Doha May 12 Caracas Aug 06 Ankara Nov 09
JT1 JT4 JT6 JT5 JT3 JT2 JT7 JC1 JC2 JC3 JC4 JC5 JC7 JC8 GDTC1 GDTC2
Public Release of JODI-Oil World DatabaseRiyadh Nov 05
JODE – JODI (permanent mechanism) Launch of the JODE Decision to make Database Public Extended JODI Questionnaire Public Release of Trade Data 19 November 2005 Launch of JODI Database by King AbdullahNew Delhi Apr 15
JC12
GECF Joins Apr 14 JODI-Oil Launched in Riyadh 2005 - JODI-Gas Launched in Moscow 2014
Russia is a Big Supporter of JODI
JODI Conferences:
The Key to Advance JODI
Regional Capacity Building Workshops:
Key to Deliver Goals of Energy Data Transparency
Capacity Building:
Plans for 2016
Workshops and Translation of JODI Manuals.
Efforts to Extend Reach of JODI-Oil
Increasing JODI-Oil Participating Countries
May 2014
May 2015
Armenia Belarus Gambia Niger Tajikistan the FYR of Macedonia Mauritius
Efforts to Extend Reach of JODI-Gas
Increasing JODI-Gas Participating Countries
May 2014
May 2015
Iraq the FYR of Macedonia
JODI Featured regularly in international media
JODI: High on the Political Agenda
The 4th Asian Ministerial Energy Roundtable
April 2011, Kuwait City
G8 Actions on Energy & Climate Change
May 2012, Camp David, USA
14th International Energy Forum
May 2014, Moscow
4th IEF-IGU Ministerial Meeting
November 2014, Acapulco Mexico
G20 Meetings and Summits
Feedback From Leaders
“...we commit to strengthen Joint Organisations Data Initiative by ensuring greater visibility, more complete and comprehensive data, enhanced access and improved availability, and by maintaining support for capacity building. We look forward to the launch of JODI-Gas at the earliest date possible…” - G20 Leaders Declaration: September 2013 “..The recent launch of JODI-Gas at the 14th IEF Ministerial was an important step to bring about data transparency to gas markets…” - Dr Aldo Flores-Quiroga, SG IEF at 4th IEF-IGU Mexico: November 2014 “ There was strong support for the progress on the usage and data capture, particularly with the launch of JODI Gas last year. Some members suggested expanding JODI to new energy resources...” G20 ESWG Meeting Turkey February 2015
JODI: It is Not a Database. It is a Commitment
Cooperation
IEF-OPEC Cooperation Model
this issue.
Annual IEA-IEF-OPEC Outlook Symposium
Outlook Comparisons: IEF- Duke University Energy Initiative Report
methodologies and projections of IEA and OPEC short-medium and long term energy market outlooks
OPEC and published by IEF for debate at the annual Symposium and Technical Meetings
Follow Up Technical Meetings
, identified in the IEF Duke Background paper
OPEC–in 2015
Upcoming Symposium 2016
Experts
Assumptions on the impact of efficiency gains and lower prices differ on the short-term.
The new low price environment will tests the alignment on North American supply growth.
Long term GDP growth assumption differences center on China and Russia.
The largest differential is policy uncertainty about oil demand across scenarios.
transformation of the global energy market
good model to follow to improve methodology of energy scenarios and outlooks
Energy Data Transparency (JODI)