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Joint Organisations Data Initiative August 2011 Issue 19 Inside this issue p1 Extraordinary IEF, Riyadh p2 Report to G20 p3 New JODI website p4 Capacity building efforts p5 Toward 8 th JODI Oil Conference p7 In search of excellence Riyadh Extraordinary International Energy Forum Ministerial 86 Energy Ministers, in signing the new International Energy Forum Charter, reaffirmed their effort to ensure complete and sustainable data provision to the Joint Organisations Data Initiative. One of the Forum’s fundamental aims is stated in the newly adopted Charter as “facilitating the collection, compilation and dissemination of data, information and analyses that contribute to greater market transparency, stability and sustainability”. Ministers also welcomed JODI partner organisations’ collective and continuous efforts in training statisticians in charge of JODI data compilation and submission in participating countries/economies; develop new tools and practices to regularly check JODI data and streamline data submission; enhance interaction with data users (in particular market analysts) and upgrade JODI platforms such as the JODI website. While reaffirming their commitment to providing timely and accurate data to JODI, Ministers have also envisaged co- operation in expanding, in due course, the Initiative to include data on other sources of energy that are important in the world energy mix, and disseminate other data relevant to the energy markets such as natural gas and annual investment in oil and gas upstream and downstream. However in a trend of declining performance by participating countries/economies, IEF countries need to further boost the quality, timeliness and reliability of the JODI Database to achieve a target of 3 smiley faces by the end of 2011.

Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

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Page 1: Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

Joint Organisations Data Initiative

August 2011 Issue 19

Inside this issue p1 Extraordinary IEF,

Riyadh

p2 Report to G20

p3 New JODI website

p4 Capacity building efforts

p5 Toward 8th JODI Oil Conference

p7 In search of excellence

Riyadh Extraordinary International Energy Forum Ministerial

86 Energy Ministers, in signing the new International Energy Forum Charter, reaffirmed their effort to ensure complete and sustainable data provision to the Joint Organisations Data Initiative. One of the Forum’s fundamental aims is stated in the newly adopted Charter as “facilitating the collection, compilation and dissemination of data, information and analyses that contribute to greater market transparency, stability and sustainability”. Ministers also welcomed JODI partner organisations’ collective and continuous efforts in training statisticians in charge of JODI data compilation and submission in participating countries/economies; develop new tools and practices to regularly check JODI data and streamline data submission; enhance interaction with data users (in particular market analysts) and upgrade JODI platforms such as the JODI website. While reaffirming their commitment to providing timely and accurate data to JODI, Ministers have also envisaged co-operation in expanding, in due course, the Initiative to include data on other sources of energy that are important in the world energy mix, and disseminate other data relevant to the energy markets such as natural gas and annual investment in oil and gas upstream and downstream. However in a trend of declining performance by participating countries/economies, IEF countries need to further boost the quality, timeliness and reliability of the JODI Database to achieve a target of 3 smiley faces by the end of 2011.

Page 2: Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

Page 2 of 8 JODI Newsletter

successful collection and dissemination of sound data in timely manner cannot be

achieved without full participation of data

providers

Report to G20 JODI delivered a report “Improving the quality, timeliness and reliability of the JODI Database” to G20 Finance Ministers and Central Bank Governors Meeting held on 15 April 2011, Washington, United States. This report identifies ways and means for improving the quality, timeliness and reliability of the JODI Oil World Database by both participating countries and the JODI partner organisations. Regular interaction between JODI organisations and various stakeholders (participating countries/economies on the occasion of JODI training programme, JODI Oil data users through direct contacts or on the occasion of regular user surveys) revealed that there are many reasons behind data quality issues for some countries/economies. JODI organisations have already undertaken action to improve data quality and timeliness including training statisticians from participating countries/economies, and developing tools that shorten submission delays and check data, etc. JODI organisations are committed to the objectives of JODI and are making every effort to support and develop this visible accomplishment of the producer-consumer dialogue. Towards this end, the report identified actions that JODI partner organisations will:

Continue their efforts in training statisticians in charge of JODI data compilation and submission in participating countries/economies;

Invite more countries to participate in the transparency initiative, in particular IEF Member Countries that are not yet participating in JODI Oil;

Develop new tools and practices, both at country and organisations level, to check JODI data regularly and streamline data submission;

Conduct a 3rd data quality assessment to measure reliability of JODI Oil database;

Enhance interaction with data users, in particular market analysts;

Upgrade JODI related platforms such as the JODI website, JODI Oil database accessibility and usefulness;

However, successful collection and dissemination of sound data in timely manner cannot be achieved without full participation of data providers; i.e. participating countries/economies. Therefore, JODI organisations call on participating countries/economies:

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JODI Newsletter Page 3 of 8

To ensure that that administrations and organisations in charge of energy data collection are better equipped and staffed;

To implement an appropriate regulation that ensures that industry is fully engaged in the process of data submission with the required detail including factual information (metadata) to support the numbers;

To address confidentiality issues and reduce, if not eliminate, them.

While, nearly all G20 countries maintain sustainability of data submissions at satisfying level, there is a significant room for improvement in timeliness for one third of G20 countries. Although completeness of their data submissions has been improving, key data especially stock information has to be improved further to draw accurate and complete global supply/demand balance. G20 countries may consider setting a target for themselves of “three smiley faces” for all G20 countries by the end of 2011. The full report can be downloaded from JODI website URL: www.jodidata.org/resources/papers.aspx

New JODIdata.org website As the Initiative’s activity has been expanding and data users’ expectation grows, JODI’s website is renewed with the latest web technologies. The renewal enables the

Initiative to communicate the Initiative’s ethos to visitors more effectively. One of new features is graphical presentation of the JODI Oil World Database: “A Global Overview”. Visitors can view data submissions back to January 2002 from all participating countries in a format as the Initiative received. The feature also visualizes these submissions in informative charts on Refinery Outputs, demand, trades, stock levels, and stock changes by products.

key data especially

stock information has to be improved further to draw accurate and

complete global supply/demand

balance

Page 4: Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

Page 4 of 8 JODI Newsletter

JODI now relabeled as Joint Organisations

Data Initiative  

To assist participating countries in JODI to improve its data quality of their submissions, the website is also adding special sections for national administrations in charge of JODI. This page will be a comprehensive archive of documents, training as well as data quality checking tools that help personals in charge of JODI to learn definitions in JODI questionnaires and good data validation practices. As staff turnover in national administrations has been increasingly fast, this page will be one of the Initiative’s answers for maintaining data submission quality.

To accommodate new activities including monthly gas data collection and data collection of future capacities in oil and gas industries, the Initiative now relabeled as Joint Organisations Data Initiative.

Capacity building efforts Second edition of JODI Oil Manual

Following the formal adaption of the Extended JODI Oil Questionnaire, the Initiative is now renewing its JODI Manual initially published in 2006. The second edition will include definitions of newly added products and flows as well as in-depth explanation and additional diagrams of oil industry’s highly complex value chain. The goal is to aid people in charge JODI to easily identify right data sources to fill each cell in the questionnaire.

The new edition will be available prior to the 8th International JODI Oil Conference in Beijing China, 10-11 October 2011.

JODI Workshop in Indonesia

The Center for Data and Information on Energy and Mineral Resources (PUSDATIN) of Indonesia held a JODI workshop on December 17, 2010 in Bogor, Indonesia. Representatives from the various units of Ministry of Energy and Mineral Resources (MEMR); namely: Directorate General for Oil and Gas (MIGAS) and Executive Agency for Oil and Gas Activity (BP MIGAS) as well as state-owned oil and gas corporation, PERTAMINA, participated in the workshop. The invited speakers were Mr. Denie Tampubulon, a JODI “pioneer” and special adviser to the MEMR minister for increasing oil production, Mr. Shigeru Kimura and Mr. Edito Barcelona of The Institute of Energy Economics, Japan (IEEJ) - the coordinating agency for energy statistics in APEC. The number of participants was more than 20 persons.

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JODI Newsletter Page 5 of 8

This workshop aimed to produce a better understanding about the history and background of JODI as well as the data management procedure of JODI data in APEC - which includes Indonesia - not only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better understanding of JODI, data sources are expected to provide more accurate data and consequently, the PUSDATIN staff would be able to fill-out the JODI questionnaire accurately.

The workshop is a first of its kind in APEC and was successful in expounding the importance and benefits of JODI. Indonesia should be given due recognition to its eagerness in improving its JODI data quality. For more details please visit JODI website URL: www.jodidata.org/news-events/workshops.aspx

Toward 8th International JODI Oil Conference

JODI is celebrating its 10th anniversary at the upcoming 8th International JODI Oil Conference, Beijing China, 10-11 October 2011

The conference is a regular forum for interaction between the 7 JODI organisations and other stakeholders in the Initiative. Critical feedback from users and the frank exchange of views that such events encourage are essential elements of the Initiative’s development cycle and contribute directly to the JODI organisations’ plans for its further enhancement.

The 8th International JODI Oil Conference also provides an opportunity to review and draw lessons from the first 10 years of JODI experience.

JODI is celebrating its 10th anniversary in

Beijing

Page 6: Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

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JODI organisations agree to conduct the

data quality assessment based on the extended JODI Oil

Questionnaire

Participants will also review the results of the 3rd JODI Oil Data Quality Assessment, comment on the findings of the 3rd JODI Oil Data User Survey, and discuss possible release of additional data points collected through the extended JODI Oil questionnaire as well as a new framework to collect annual further capacity data. The expansion of the questionnaire was strongly supported by oil market analysts in the previous conferences. The conference will also be an occasion for release of the 2nd JODI Oil Manual.

The conference agenda can be found on JODI website URL: www.jodidata.org/jodiconf8

Inter Secretariat Meeting

In preparation for the conference, JODI organisations held Inter Secretariat meeting at the Eurostat Headquarters in Luxemburg on 30 May 2011. JODI orgnaisations discussed on the conference agenda as well as on deliverables including the 3rd JODI Oil Data Assessment, the 2nd edition of the JODI Oil Manual, and further improvement of JODI database’s updating procedure.

JODI organisations agree to conduct the data quality assessment based on the extended JODI Oil Questionnaire while the JODI data will be compared against various data sources to assess its comparability. If the assessment is not to judge data quality, any substantial discrepancies between the JODI and other data sources will be highlighted. In case of such discrepancies, the assessment will investigate possible cause of discrepancies between JODI data and secondary data sources.

IEF proposed to implement internal data consistency checks in its procedure to update the JODI Oil World Database. The check is designed to be performed every month one day prior to the database update for all participating countries. Any outstanding issues will be shared with JODI organisations. If IEF identifies obvious errors which have not already been flagged by the “Use with caution” colour code as set by the JODI organisation responsible for the country in question, a new code “Data under verification” will be applied until such time as the organisation responds to the IEF with a satisfactory remedy. JODI organisations support inclusion of new internal data checking in IEF Secretariat’s database update procedure and application of the new colour code. To improve the checks further, JODI organisations will actively seek to eliminate any delays in the process of data transmission to the IEF. Next Inter Secretariat Meeting is scheduled on 23 September 2011 in New York to review the progress on the 3rd JODI Oil Data Quality Assessment and on preparation of 8th International JODI Oil conference.

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JODI Newsletter Page 7 of 8

In search of excellence The Initiative’s latest participation assessment of data submission, timeliness and completeness, evaluated in the three categories of “Good”, “Fair” and “Poor”, illustrated progress on some fronts but also areas in which improvement is warranted. In this assessment, 77 countries achieved a “Good” evaluation for data submission, 55 countries achieved the same rating for timeliness and 67 countries earned a “Good” rating for completeness.

Since the first half of 2007, submission, timeliness and completeness have all improved, at 6.9%, 12.2%, and 15.5% respectively. However, the most recent assessment, covering July to December 2010, recorded declines in all submission, timeliness and completeness from the same period last years.

In terms of the Initiative’s world coverage, Morocco and Ukraine start to submit their JODI Oil questionnaires respectively from Jan. 2011 and from Mar. 2011. Data from these two new countries soon will be available on the JODI Oil World Database.

More information is available at www.jodidata.org

Contact List APEC: Mr. Shigeru Kimura [email protected] EUROSTAT: Mr. Pekka Loesoenen pekka.loesoenen@ ec. europa.eu IEA: Mr. Jean-Yves Garnier jean-yves.garnier@ iea.org IEF: Mr. Said Nachet [email protected] OLADE: Mr. Gabriel Hernandez [email protected] OPEC: Mr. Fuad Al-Zayer [email protected] UNSD: Ms. Ilaria DiMatteo [email protected] Newsletter: Mr. Yuichiro Torikata [email protected]

 

Page 8: Joint Organisations Data Initiative August 2011 · only of the PUSDATIN staff but also of the sources of monthly oil data such as MIGAS, BP MIGAS, BPH MIGAS and PERTAMINA. With better

Assessment of Participation in JODI Oil

Algeria    Germany    Norway  

 Angola    Greece    Oman  

 Argentina    Grenada   n.a. n.a. n.a.  Panama  

 Australia    Guatemala    Papua New Guinea  

 Austria    Guyana   n.a. n.a. n.a.  Paraguay  

 Azerbaijan    Haiti   n.a. n.a. n.a.  Peru  

 Bahrain    Honduras    Philippines  

 Barbados    Hong Kong, China    Poland  

 Belgium    Hungary    Portugal  

 Bolivia    Iceland    Qatar  

 Brazil    India    Romania  

 Brunei Darussalam    Indonesia    Russian Federation  

 Bulgaria    Iran    Saudi Arabia  

 Canada    Iraq    Singapore  

 Chile    Ireland    Slovak Republic  

 China    Italy    Slovenia  

 Chinese Taipei    Jamaica    South Africa  

 Colombia    Japan    Spain  

 Costa Rica    Kazakhstan   n.a. n.a. n.a.  Suriname   n.a. n.a. n.a.

 Croatia    Korea    Sweden  

 Cuba   n.a.  n.a.  n.a.   Kuwait    Switzerland  

 Cyprus    Latvia    Syria   n.a. n.a. n.a.

 Czech Republic    Libya    Thailand  

 Denmark    Lithuania    Trinidad & Tobago  

 Dominican Republic    Luxembourg    Tunisia  

 Ecuador    Malaysia    Turkey  

 Egypt    Malta    United Arab  Emirates  

 El Salvador   n.a.  n.a.  n.a.   Mexico    United Kingdom  

 Estonia    Myanmar   n.a. n.a. n.a.  United States  

 Finland    Netherlands    Uruguay  

 France    New Zealand    Venezuela  

 Gabon   n.a.  n.a.  n.a.   Nicaragua    Vietnam  

 Nigeria    Yemen   n.a. n.a. n.a.

  Sustainability (of submission) 

 Timeliness  

 Completeness  

 Good   Fair   Poor Not available (n.a.) when no submission from January 2010 to December 2010

Assessment for the period July‐December 2010