APEC Energy Working Group Ms Vicki Brown representing the Lead Shepherd APEC Energy Working Group...

APEC Energy Working Group

Ms Vicki Brownrepresenting the Lead Shepherd

APEC Energy Working Group

Presentation to theAPEC EGCFE Workshop

Taipei, Chinese Taipei21 March 2005

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APEC Energy Working Group

Vision:• To promote the contribution of

energy to the economic, social and environmental enhancement of APEC Economies.

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Energy Security Initiative

Short-term measures:Oil Price Impacts

Joint Oil Data Initiative

Sea Lane Security

Real-Time Emergency Information Sharing

Energy emergency response

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Energy Security Initiative

Longer-term measures:Energy investmentEnergy efficiencyNatural Gas TradeNuclear PowerMethane HydratesClean Fossil EnergyNew and renewable energyHydrogen, fuel cells, alternative transportation fuelsPetroleum Infrastructure and crude and refined products

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6th APEC Energy Ministers Meeting

Responding to our Energy Security Challenges– Prepare for Energy Supply Disruptions– Facilitate Energy Investment– Use Energy More Efficiently– Expand Our Energy Choices– Capitalise on Technical Innovation

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Facilitating the development of LNG Trade in the APEC Region

Best Practice Principles– Trade – General– Financing and Investment– Emergency Scenarios– Technology Transfer and Knowledge Sharing– Permitting Processes and Regulatory Issues– Public Education

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Facilitating the development of LNG Trade in the APEC Region

Best Practice Principles– Trade – General– Financing and Investment– Emergency Scenarios– Technology Transfer and Knowledge Sharing– Permitting Processes and Regulatory Issues– Public Education

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Facilitating the development of LNG Trade in the APEC Region

Recommendations– Invite LNG experts to joint EGCFE– Encourage financial institutions to support LNG

projects– Develop LNG data mechanism– Share information on regulations, standards etc.– Program for Members to visit LNG facilities– Use the IFAT mechanism to implement best

practices

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EWG LNG Activities

Potential for Gas as a Clean Energy Source in Developing Economies:

Cross-border Gas Project

LNG Data Links

APERC Natural Gas Market Reform in the APEC Region

APERC Demand and Supply Outlook 2002