Astana, Kazakhstan, Nov. 18
By Daniar Mukhtarov - Trend:
Leading specialists and experts in world energy will discuss the issues of energy security in the world at the 25th session of the Energy Charter Conference, to be held in Astana, Kazakhstan, the Kazakh association of oil-producing and energy companies KazEnergy told Trend Nov. 18.
"The 25th session of the Energy Charter Conference will be held in Astana Nov. 26-27 this year. The event will conclude Kazakhstan's chairmanship in this organization," KazEnergy said.
The session will be attended by the Secretary General of the Energy Charter Secretariat, Ambassador Urban Rusnak, Georgian Energy Minister Kakha Kaladze, Azerbaijani Industry and Energy Minister Natig Aliyev, Member of Board (Minister) for Energy and Infrastructure of the Eurasian Economic Commission Danial Akhmetov, President and Head of Board of Lukoil OJSC Vagit Alakbarov, the Energy Charter Conference Chairman, Kazakhstan's First Vice Energy Minister Uzakbai Karabalin, and KazEnergy Chairman Timur Kulibayev.
Georgia will chair the Energy Charter Conference in 2015.
"Among the participants there are the Secretary General of the Gas Exporting Countries Forum (GECF) Seyed Mohammad Hossein Adeli, the Energy Charter Special Envoy in the Middle East and North Africa Mehmet Ogutcu and others," the press service said.
The event will also be attended by representatives of BG Group, Exxon Mobil Corporation, Royal Dutch Shell plc., OMV Group, Rosneft OJSC, SOCAR, CNPC, Sinopec Corporation, Saudi Aramco, Abu Dhabi National Oil Company, QatarGas, Petrobras-Petróleo Brasil, KEGOC JSC, Inter RAO JSC, General Electric, and State Grid.
KazEnergy said the conference's meeting will bring together not only all the members of the Energy Charter, but also the invited observer countries and international organizations, and leading experts.
It was previously reported that Kazakhstan became the first country, elected in accordance with the new format of the organization, adopted in early 2014.
Election of Kazakhstan reaffirms the special role of the republic as a major producer and supplier of energy resources in the Eurasian space, which is the connecting link between Europe and Asia. Thus, it is no coincidence that "The development of transit corridors is the key to global energy security" has been selected the main theme of the upcoming conference in Astana.
Kazakhstan raises several important policy proposals to improve the Energy Charter process within the framework of its chairmanship. There is a proposal to introduce a voluntary mechanism for resolving disputes in the out of court order to avoid conflicts in the energy sector at the national level.
It is recommended to also consider the issue of creation of an ombudsman for the protection of investments in the energy sector at the General Secretariat of the Energy Charter. This would allow resolving disputed issues more dynamically and timely and avoiding investment disputes in the Energy Charter countries.
In addition, Kazakhstan has been actively involved in the process of modernization of the Energy Charter in part of its expansion. As the presiding country, Kazakhstan also plans to initiate an in-depth multilateral dialogue on security issues of energy resources transit and transparency of all segments of the international energy markets.
It is scheduled to take the main outcome document during this meeting, Astana roadmap, which will guide the development of the organization for the next five years. For example, the previous such document was adopted in Rome in 2009.
Energy Charter Conference is the highest governing body of the Energy Charter Treaty, which brings together more than fifty countries of Eurasia.
Edited by CN