27 May 2008
Meeting of the PEEREA Working Group (Geneva, Switzerland)
10 June 2008
Meeting of the Trade and Transit Group (Sofia, Bulgaria)
12 June 2008
Ad Hoc Strategy Group of the Energy Charter
16 April 2008 marked ten years since the Energy Charter Treaty came into full legal force. The Energy Charter Secretariat held a reception at Palais d'Egmont in Brussels to celebrate this anniversary, marking the Treaty's achievements over these years and it's readiness to embrace new challenges posed by international energy markets.
"While this ten-year period is not very long for an international treaty, the Energy Charter Treaty has proven to be a successful and well-functioning legal instrument thus far, and it has everything to continue serving the best interests of its members in the years to come," stated the Secretary General of the Energy Charter André Mernier at a ceremony held in Brussels to mark this very important milestone.
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OTHER NEWS
The Central Asian Republic of Turkmenistan possesses very substantial gas reserves and has ambitious plans for their production and export. However, "the realisation of Turkmenistan's vast potential as an exporter of hydrocarbons is largely dependent on the transit of its energy through the territories of neighbouring countries," stated Ambassador André Mernier, Secretary General of the Energy Charter Secretariat, at a high level investment conference in London "Oil and Gas in Turkmenistan" on 17-18 April 2008.
"India has much to gain from the application and expansion of international rules of the game in the energy sector in the broader South Asian sub-continent," stated the Secretary General of the Energy Charter Secretariat, Ambassador André Mernier, during his keynote address at the Fifth Asia Gas Partnership Summit, in New Delhi, 14-15 April 2008. In an event which focused on energy security and the Asian gas market, the Secretary General underlined the fact that endorsement of some of the core principles espoused by the Energy Charter can assist India in strengthening its security of energy supply and elevate it towards the position of the energy hub of the South Asian region.
The enhancement of legally binding instruments is one of the key factors necessary for the development of greater multilateral cooperation in the Black Sea energy sector. This was one of the key messages arising out of the meeting of the Energy Ministers of the 12 member countries of the Organisation of the Black Sea Economic Cooperation (BSEC) in Kiev, Ukraine, on 9 April 2008, in which the Energy Charter Secretariat participated at the invitation of the BSEC Secretariat and the Ukrainian Ministry of Fuel and Energy.
The conditions under which oil and gas are traded and transported are crucial factors of security of energy supply and demand. The mechanism for price formation for energy and the setting of transit tariffs for oil and gas were the central themes addressed at a seminar jointly organised by the Energy Charter Secretariat, the Ministry of Industry and Energy of Azerbaijan and the State Oil Company of Azerbaijan (SOCAR), in Baku on 11 and 12 March 2008. The seminar was attended by over 70 government officials, company managers and experts working in the oil and gas industry.
PUBLICATIONS
(2008) the report provides background information on CTL technologies, policies and regulations in Europe.
(2007) This Review is prepared by the Secretariat and independent experts in cooperation with the Belarus government.
(2007) This publication takes an in-depth look at the investment climate and market structure of Kyrgyzstan's energy sector.
(2007) This study looks at the formation of oil and gas prices in international trade on the basis of the interaction between two core principles of the Energy Charter: market-oriented price formation and state sovereignty over energy resources.
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