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ASEAN becomes observer to the Energy Charter

Posted: 13 December 2003

The Association of Southeast Asian Nations (ASEAN) has become an official observer-organisation to the Energy Charter Conference, an inter-governmental body promoting energy cooperation in which 51 European and Asian countries participate as full members.

ASEAN’s application to be granted observer status was unanimously approved by the Charter Conference at its recent meeting in Brussels.

“This is another welcome step towards strengthening the Asian dimension of the Energy Charter’s work”, commented Energy Charter Conference Chairman Henning Christophersen.

“The countries of Southeast Asia face many of the same challenges in developing regional energy cooperation as exist here in the wider Eurasian space, in particular in terms of creating a secure climate for energy investments and promoting cross-border energy infrastructure projects. It is therefore both logical, and in our mutual interests, that closer cooperation and exchanges of information be developed between ASEAN and the Energy Charter process”.

ASEAN, which is comprised of ten member-countries (Brunei-Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam), will be represented in its dealings with the Energy Charter process through the Jakarta-based ASEAN Centre for Energy, which will in future be entitled to attend all meetings of the Energy Charter Conference and its subsidiary bodies in an observer capacity, and to receive all related official documentation.

ASEAN’s acceptance as an observer-organisation marks a continuation of the development of the Energy Charter’s relations with countries outside its original constituency.

Australia, Japan, Mongolia and the five states of Central Asia are all long-standing full members of the Energy Charter process, and observer status at the Energy Charter Conference has also been granted in recent years to the People’s Republic of China, the Republic of Korea, the Islamic Republic of Iran and the Federal Republic of Nigeria.

In other areas of its work, the Energy Charter Conference also approved a set of conclusions with respect to a report on the investment climate and market structures in the energy sector of the Russian Federation, which was reviewed by the Energy Charter’s Investment Group in November.

Among other things, these conclusions take note of the Russian government’s efforts to restructure the country’s energy markets, particularly in the power sector, and encourage Russia to move towards establishing more competitive, transparent markets in other sectors as well, first and foremost the gas sector.

The Conference also adopted conclusions with respects to a similar investment-climate report on the Slovak Republic, and endorsed a set of recommendations to the government of the Czech Republic on its energy efficiency policies, based on a review of that country conducted under the Charter’s auspices earlier this autumn.

Finally, the Conference took positive note of a first edition of Model Agreements on cross-border pipelines, designed to provide a possible starting-point for negotiations between states, or between a state and an investor, on agreements concerning the construction and operation of cross-border energy pipeline systems.

For more information see http://www.encharter.org.

Posted by Richard Price, Editor Pipeline Magazine

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