BD endorses Int'l Energy Forum charter
Thursday, 24 February 2011
FE Report
Bangladesh along with 85 oil producing and consuming countries, transit states and leading international organisations has recently endorsed International Energy Forum (IEF) charter in Riyadh, Saudi Arabia, an energy ministry official said Wednesday.
Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury signed the charter, while leading a five-member delegation to the extraordinary ministerial meeting of the IEF at King Abdul Aziz International Conference Centre.
The IEF countries account for more than 90 per cent of global oil and gas supply and demand. The magnitude and diversity of this engagement is a testament to the IEF's position as a neutral facilitator.
Through the Forum and its associated events, IEF ministers, officials, energy industry executives and experts engage in dialogue for increasing importance to global energy security. The IEF and the global energy dialogue are promoted by a permanent secretariat, based in Riyadh.
The IEF is expected to initiate a new era of international cooperation to increase transparency and access to information on both the supply and demand sides of the global energy scenario, said the ministry official.
Bangladesh along with 85 oil producing and consuming countries, transit states and leading international organisations has recently endorsed International Energy Forum (IEF) charter in Riyadh, Saudi Arabia, an energy ministry official said Wednesday.
Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury signed the charter, while leading a five-member delegation to the extraordinary ministerial meeting of the IEF at King Abdul Aziz International Conference Centre.
The IEF countries account for more than 90 per cent of global oil and gas supply and demand. The magnitude and diversity of this engagement is a testament to the IEF's position as a neutral facilitator.
Through the Forum and its associated events, IEF ministers, officials, energy industry executives and experts engage in dialogue for increasing importance to global energy security. The IEF and the global energy dialogue are promoted by a permanent secretariat, based in Riyadh.
The IEF is expected to initiate a new era of international cooperation to increase transparency and access to information on both the supply and demand sides of the global energy scenario, said the ministry official.