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Participation : 66 countries and 14 international organisations

Ministers of Energy and high-level government representatives from 66 IEF Countries, meeting on the occasion of the 12th IEF in Cancun, Mexico issued a landmark declaration of support for an enhanced producer-consumer dialogue. After a period of extraordinary turbulence in energy and financial markets and the convening of two ad hoc energy meetings in Jeddah and London to try to understand the potential causes and remedies, it is clearer than ever that energy issues cannot be resolved unilaterally; they demand committed international cooperation and a willingness to engage in frank and open dialogue.

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Participation : 74 countries and 13 international organisations

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Participation : 59 countries and 6 international organisations

Meeting at a time of heightened global energy concern, Ministers discussed, under the theme, "Fuelling the Future: Energy Security, a Shared Responsibility", a wide range of issues related to energy resources and markets, investments in the energy sector and improved frameworks for co-operation. Recognising the importance of dialogue and partnerships also that between governments and the energy industry itself, Ministers interacted with CEOs of leading energy companies in the 2nd International Energy Business Forum (IEBF), with the participation of 32 major national and international energy companies.

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Participation : 63 countries and 11 international organisations

For the first time in the twelve year history of the global consumer-producer dialogue a back to back meeting with the industry - the IEBF - was organised. Its purpose was to enable ministers and representatives of international organisations to discuss certain key elements of the IEF agenda with CEOs of leading international energy companies. The IEBF - chaired by Peter Sutherland, Chairman of British Petroleum Plc and of Goldman Sachs International - preceded the opening session of the IEF and took place in the morning of 22 May 2004 at the same venue.

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Participation : 64 countries and 9 international organisations

Topics:

• World Energy Situation and Outlook
• Facilitating Investment in Energy Sector
• Interaction among Energy Security, Environmental Issues and Economic Growth
• The Way Forward of the IEF in Addressing International Energy Issues

During the following IEF in Osaka, Japan in 2002, Saudi Arabia presented the Mission and General Framework for the IEF Secretariat. This document elaborated on three principles for the Secretariat. Firstly, it should foster the concept of mutuality of interests by presenting the opportunity and creating the atmosphere for dialogue among oil and gas producing and consuming countries, as well as dialogue between governments and energy related industries. Secondly, the Secretariat should provide a platform for the promotion of study and the exchange of views on the relationship between energy, technology, environment and economic growth. Thirdly, it should promote stable and transparent energy markets for the health of the world economy, security of supply and demand, and the expansion of global trade in energy resources.

The Mission and General Framework of the IEF Secretariat was accepted in Osaka by all attending countries as a starting-point for its establishment, and the Forum officially announced that a Secretariat would be set up. In order to execute this important announcement an Executive Board was formed to govern the actual founding of the IEFS.

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Participation : 47 countries and 9 international organisations

Topics:

• Prospects of World Energy
• Energy, Sustainable Development and Technology
• Restructuring the Industry and Market
• Future Relations between Producer and Consumer Nations

In his welcoming address to the delegates attending the 7th International Energy Forum in Riyadh in 2000, His Royal Highness the Crown Prince Abdullah bin Abdulaziz of the Kingdom of Saudi Arabia called for the establishment of a permanent secretariat for the IEF. The IEF Secretariat would work towards promoting a continuous dialogue between oil and gas producers and consumers. In his speech, the Crown Prince suggested that Saudi Arabia could host the proposed Secretariat.

The energy ministers and heads of delegations that participated in the 7th IEF welcomed the initiative. All the delegations acknowledged the desirability of a Secretariat that would provide significant opportunities for co-ordination and a preparatory structure to advance the producer-consumer dialogue.

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Participation : 41 countries and 5 international organisations

Topics:

Demand for and Supply of Crude Oil, Natural Gas and Petroleum Products for the Next Decade resource availability

• optimization and adequate allocation of resources
• investment requirements for the petroleum sector
• sources of capital and innovative financing mechanisms
• political and economic stability in countries and regions
• the existence of secure legal frameworks for energy investment
• equitable, clear and stable fiscal rules which take full account of the need to encourage long-term investment

Environmental Implications for the Petroleum Sector

• the efficient use of hydrocarbon products
• economic, financial and political implications

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Participation : 38 countries and 4 international organisations

Topics:

• Growing Energy Needs of Emerging Economies
• Strategic Importance of Oil and Natural Gas
• A Global Energy Policy Interrelationship

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Participation : 45 countries and 7 international organisations

Topics:

• World Energy Perspectives for the Oil and Gas Industry
• Technology and the Environment
• Investment Requirements and Reintegration of the Oil and Gas Industries

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Participation : 30 countries and 4 international organisations

Topics:

• Energy and Environment
• Outlook on the Oil Market and Other Energy Sources
• Natural Gas in the Present and Future Energy context

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Participation : 22 countries and 4 international organisations

Topics:

• Global Energy Policy Interrelationship
• Outlook Oil and Other Energy Sources
• Common Energy Future

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Participation : 25 countries and 9 international organisations

Topics:

• Analyse du marche petrolier et des politiques energetiques
• Analysis of the Oil Market and Politics of Energy
• Cooperation Industrielle
• Industrial Cooperation
• Fonctionnement des marches a terme
• Spot Market Operations
• La Protecton de l'environnement
• Protection of the Environment

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