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14th International Energy Forum (IEF) Ministerial meeting

<div> <p style="text-align:justify"><span style="display:none">&nbsp;</span><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">MoPNG has taken the privilege to invite to the 14<sup>th</sup> International Energy Forum (IEF) Ministerial meeting, which will be held on 15.05.2014-16.05.2014 in Moscow, Russian Federation.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">This meeting, jointly organised with the IEF Secretariat and hosted by the Russian Federation, with the United Kingdom and Iraq as co-hosting countries, will be a unique, high-level and neutral setting for Ministers to interact and exchange points of view with their peers and the CEOs of global energy companies, on subjects that are at the top of the energy agenda. As you are aware, IEF Ministerials are perhaps the largest gatherings in the world of energy Ministers and CEOs, and are known for their role in facilitating an open and informal dialogue among energy producing, consuming and transit States.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">The overarching theme for this 14<sup>th</sup> IEF Ministerial will be The New Geography of Energy and the Future of Global Energy Security. Taking into account international developments that are transforming the global energy scene, and that are likely to have a direct impact on national energy strategies, the topics to be discussed include, among others: the outlook for the global energy industry in light of the &quot;unconventional revolution&quot;, as the rise in shale gas, tight oil and deep water oil is now called; the possible implications of greater natural gas supplies for interregional trade, price formation, and policies, together with their potential impact on the global energy mix; the prospects for a transition to a low carbon economy within a time-frame that is consistent with national expectations for both energy security and the protection of the environment; and the on-going challenges and opportunities that lie ahead on the road towards achieving our collective goal of ensuring sustainable energy for all.</span></span></span></p> </div> <p><span style="display:none">&nbsp;</span><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial"><span style="line-height:1.6em; text-align:justify">The 14<sup>th</sup> IEF Ministerial will feature a special session to launch the new Joint Organisations Data Initiative gas market database, which will be known as JODI-Gas. After nearly eight years of work, and following on the calls from Ministers participating at IEF Ministerial and other prominent </span><span style="line-height:1.6em; text-align:justify">multilateral gatherings, the seven JODI partners- APEC, Eurostat, IEA, IEF, OLADE, OPEC, and the </span><span style="line-height:1.6em; text-align:justify">UN Statistics Division, will be presenting this valuable tool for increasing gas market transparency at a time when global gas trade is expected to grow significantly.</span></span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">This will also be the first IEF Ministerial in which Ministers and CEOs will interact together in most of the programmed sessions. We hope this will further strengthen the important dialogue between government and industry.</span></span></span></p> <p style="text-align:justify"><span style="display:none">&nbsp;</span><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">MoPNG will soon provide more details and information about the 14<sup>th</sup> IEF Ministerial meeting. In the meantime, MoPNG trust that we can count on your full support and participation. To facilitate follow-up, we ask you to nominate a specific person to act as the designated contact in your Ministry.&nbsp;</span></span></span><span style="display:none">&nbsp;</span><span style="display:none">&nbsp;</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source: SNP Infra Research</span></span></span><span style="display:none">&nbsp;</span></p>