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Cooperation Agreement between the IEF and the Mexican Senate Committee on Energy for the Study of Global Energy Trends and their Implications on National Energy Sectors

5 June 2013

London, United Kingdom

The International Energy Forum and the Mexican Senate Committee on Energy signed a Cooperation Agreement for the Study of Global Energy Trends and their Implications on National Energy Sectors. The agreement's primary purpose is "to promote the study, exchange of information, and enhanced understanding of global energy trends and their implications for national energy sectors, with an emphasis on Mexico." It establishes a cooperation framework for the analysis of subjects such as:

  • The evolution and transformation of global energy markets and their implication for national energy sectors and global energy security;
  • Principles and guidelines for transparency, stability, and sustainability of energy markets;
  • Comparative analysis of energy sectors and policies in different countries and regions;
  • Comparative energy legislation;
  • Oil and gas market data transparency;
  • Development and understanding of energy balances and statistics;
  • Interrelationship among energy, technology, environmental issues, and economic growth and development.

Senator David Penchyna, Chairman of the Mexican Senate Committee on Energy noted at the signing ceremony that "the agreement will allow us to access best practices, policies and legislation globally." Secretary General Flores highlighted the agreement as the first of its kind for the IEF and as an example of the support the Forum is ready to provide to its member countries in order to enhance their understanding of global energy trends and improve the quality of national policy-making and regulations.