Indonesia Becomes the 74th Participant in the Energy Charter Process

Indonesia

After three years of negotiation between the Government of the Republic of Indonesia and the Energy Charter Secretariat, and following the Energy Charter Treaty member-states' unanimous decision on 26 May 2009, the Republic of Indonesia became the 74th country participating in the Energy Charter process. Indonesia signed the 1991 Energy Charter in Brussels, at a reception hosted by the Indonesian Ambassador, Nadjib Riphat Kesoema.

The Energy Charter sets down the principles which underpin the Energy Charter Treaty. The signing of the Declaration is a necessary step to become an observer and to start the ECT accession process.

OTHER NEWS


Luxembourg

The Energy Charter Secretariat held its annual policy conference in Luxembourg on 28 May 2009. The meeting was organised in cooperation with the European Investment Bank, which also hosted the event. This year the main theme of the conference related to the provision of sustainable and secure energy, with a special emphasis on the financing of energy investments. The issue of finance has become of critical importance in the light of the global financial crisis and ailing major credit institutions. This crisis has had a negative impact on the availability of financing for energy investments raising concerns about the future energy supply-demand balance.

ECSSpeaking at the conference "Ensuring Reliable Gas Supplies to Europe and Prospects for Gas Business Development" in Berlin on 19 of May, the President of Eurogas, Mr. Domenico Dispenza, underlined the broad support that the Energy Charter Treaty commands internationally. He further noted that the Treaty is available to be expanded both in terms of its membership and its scope. Such a development could "address Russia's concern that the interests of producers are not fully reflected currently [in the Treaty]."
G8 Rome LogoThe Energy Charter attended the G8 Ministers of Energy meeting held in Rome on 24-25 May 2009. This was the first occasion that the Energy Charter participated in the work of the G8. The Charter's contribution was focused in Session Three of the meeting which was devoted to the topic of ensuring access to the energy resources necessary to promote development, notably in Africa. Ahead of the meeting, the Secretariat provided a background paper for the consideration of the ministers.
TajikistanDuring his visit to Dushanbe on 5-6 May 2009, Secretary General André Mernier met with the President of Tajikistan Emomali Rahmon. Among the issues discussed at the meeting were the current situation in Tajikistan's energy sector and its potential in developing energy networks in the region through cross-border cooperation.




PUBLICATIONS


LNG 2009 ENG(2009) This report looks into LNG supply, demand and costs in the recent volatile market as well as their impacts on LNG pricing.
Standards and Labels ENG(2009) This report summarises the experience and benefits of energy efficiency standards and labels programmes around the world.
Slovakia EE id 2009 ENG(2009) The Energy Charter has completed a progress in-depth review of energy efficiency in the Slovak Republic.
Taxation Study 2008 ENG(2008) This study looks at different aspects of taxation along the oil and gas supply chain from upstream to downstream.