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SECOND ASIAN MINISTERIAL ENERGY ROUNDTABLE MEETING CONCLUDES
Published in Saudi Press Agency on 02 - 05 - 2007

NATIONAL INVESTMENT IN DIFFERENT ENERGY SECTORS ACCORDING TO EACH COUNTRY'S NEEDS AND IN ACCORDANCE WITH ACCEPTABLE COMMERCIAL PRACTICES.
5. WORK TOWARD OPEN, COMPETITIVE AND TRANSPARENT OIL AND GAS MARKETS, IN ORDER TO REDUCE UNCERTAINTY AND VOLATILITY IN THESE MARKETS.
6. RECOGNIZE THAT FREE AND ECONOMICALLY BASED GLOBAL MARKETS SHOULD BE THE BASIS FOR DIFFERENT ENERGY SOURCES AND WILL WORK TO MAINTAIN SUCH MARKETS IN THE INTEREST OF INCREASED STABILITY AND TRANSPARENCY.
7. ENCOURAGE INTERNATIONAL AND REGIONAL TRADE OF ENERGY PRODUCTS AND SERVICES AND ENHANCE REGIONAL COOPERATION FOR SECURITY OF ENERGY TRANSPORT ROUTES.
8. ENDEAVOR TO INSULATE ENERGY MARKETS FROM UNWARRANTED POLITICAL INFLUENCES WHEREVER THEY MAY OCCUR.
9. SUPPORT TECHNOLOGICAL SOLUTIONS TO VARIOUS ISSUES FACING THE ENERGY INDUSTRY, INCLUDING THOSE RELATED TO ENVIRONMENTAL PROTECTION AND CLIMATE CHANGE SUCH AS CARBON CAPTURING AND SEQUESTRATION.
10. ENCOURAGE THE FLOW OF INFORMATION, BILATERAL AND MULTILATERAL OF EXCHANGES AND THE DEVELOPMENT OF ENERGY RESEARCH NETWORKS WITHIN ASIA AND JOINT OIL DATA INITIATIVE (JODI), COORDINATED BY THE SECRETARIAT OF THE INTERNATIONAL ENERGY FORUM, THE INTERNATIONAL LEVEL.


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