wide agreements with transit countries, focused on improving the investment climate for development, maintenance and oversight of infrastructure aiming at uninterrupted transit of energy. f) Support the collaboration between IOCs and NOCs and between national and international energy companies to achieve reciprocal benefits, to promote the use of the most advanced technologies and the development of human resources. g) Promote market transparency of oil and its products by collecting and diffusing, as appropriate, reliable and timely data on demand, supply, stocks, refining and spare capacity, investments plans in production and transit to reduce market volatility. To this end, we continue to support the Joint Oil Data Initiative (JODI) as managed by the IEF. We welcome progress made and call all countries to co-operate in improving quality, completeness and timeliness of data. We encourage the IEF Secretariat to continue its work on extending JODI-type activities to the natural gas system and to report on progress made to the 12th IEF Ministers Meeting in Mexico in 2010. We encourage as well to continue the activity regarding information on upstream and downstream capacities and expansion and investment plans. --MORE
