[Federal Register Volume 66, Number 49 (Tuesday, March 13, 2001)]
[Notices]
[Pages 14561-14562]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-6312]


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DEPARTMENT OF ENERGY


International Energy Agency Meetings

AGENCY: Department of Energy.

ACTION: Notice of meetings.

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SUMMARY: The Industry Advisory Board (IAB) to the International Energy 
Agency (IEA) will meet on March 20, 2001, at the headquarters of the 
IEA in Paris, France, and during March 21-23, 2001, in connection with 
the ``IEA Millennium Conference on Oil Security Strategy'' and a 
meeting of the IEA's Standing Group on Emergency Questions (SEQ).

FOR FURTHER INFORMATION CONTACT: Samuel M. Bradley, Assistant General 
Counsel for International and National Security Programs, Department of 
Energy, 1000 Independence Avenue, SW., Washington, DC 20585, 202-586-
6738.

SUPPLEMENTARY INFORMATION: In accordance with section 252(c)(1)(A)(i) 
of the Energy Policy and Conservation Act (42 U.S.C. 6272(c)(1)(A)(i)), 
the following notice of meetings is provided:
    Meetings of the Industry Advisory Board (IAB) to the International 
Energy Agency (IEA) will be held on March 20-23, 2001, at the 
headquarters of the IEA, 9, rue de la Federation, Paris, France, 
commencing on March 20, 2001, at approximately 2 p.m.. The meeting on 
March 20, 2001, will be of the IAB alone. The meetings on March 21-22, 
2001, are being noticed in order to permit attendance by 
representatives of U.S. company members of the IAB at the ``IEA 
Millennium Conference on Oil Security Strategy'' which is to be held on 
those dates at IEA headquarters under the sponsorship of the IEA's 
Standing Group on the Oil Market (SOM) and Standing Group on Emergency 
Questions (SEQ). The meeting on March 23, 2001, is being noticed in 
order to permit attendance by U.S. company members of the IAB at a 
meeting of the SEQ to be held on that date at IEA headquarters.
    The Agenda for the IAB meeting on March 20, 2001, is as follows:

 Views regarding the IEA Millennium Conference agenda
 Views regarding the SEQ Meeting agenda

[[Page 14562]]

 Industry input requested by IEA for the 2001 Program of Work
    --Disruption Simulation Exercise
    --Emergency Reserve issues
    --CERM (Coordinated Emergency Response Measures) activities
 Industry views in response to SEQ's request for intensified 
advice from the IAB
 Industry Supply Advisory Group

    The Agenda for the ``IEA Millennium Conference on Oil Security 
Strategy'' on March 21-22, 2001, is under the control of the SOM and 
SEQ. It is expected that the IEA Millennium Conference will have the 
following Agenda:

I. The Changing Dynamics of Oil Markets

 The Oil Market in the Coming Decades
 The Impact of Industry Stocks and the Futures Market on Oil 
Market Dynamics
 Investments in Upstream Activities
 The Effect of Environmental Concerns
 The Shift from Oil to Natural Gas
 Oil Consumption in the Transport Sector

II. The Geopolitics of Oil Supply

 Future Supply Disruption and Dependence on the Middle East
 The Impact of Chokepoint Disruptions
 Security of Pipeline Networks

III. Future Emergency Response Strategy: Are IEA Measures Adequate 
to Meet the Challenges of the Next Several Decades?

 Current IEA Response Capability
 Cooperation with Non-Member Countries
 The Past and Future of Dialogue with Producers
 How Will Natural Gas Fit In?

IV. Strategies for Global Energy Security

 New Challenges and Strategies

    The Agenda for the SEQ meeting on March 23, 2001, is under the 
control of the SEQ. It is expected that the SEQ will adopt the 
following agenda:

1. Adoption of the Agenda
2. Approval of the Summary Records of the 100th Meeting and the Joint 
SEQ/SOM Meeting of November 14, 2000
3. SEQ Work Program
    --Year 2002 Work Program of the SEQ--First Elements
4. Measures to Ensure Compliance with IEA Stockholding Commitments
5. Supplementary Criteria for the Use of Emergency Stocks
6. The Treatment of Unavailable Stocks
7. Evaluation of the IEA Millennium Conference on Oil Security Strategy
8. Current Oil Market Situation and Security Considerations
    --Report on Oil Market Situation
    --Oil Data Transparency Initiatives
9. Analysis of Oil Stock Ticket Systems in IEA Member Countries
10. Emergency Reserve Issues
    --Emergency Reserve and Net Import Situation of IEA Countries IEA/
SEQ(2001)9 on January 1, 2001
    --Emergency Reserve Situation of IEA Candidate Countries
11. Draft Questionnaire for Emergency Response Reviews
12. Policy and Legislative Developments in Member Countries
13. Current IAB Activities
14. Policy and Legislative Developments in Candidate Countries
    --Emergency Response Review of Korea
    --Status Report of Korea's Accession to the IEA
    --Other
15. Oil Security Developments in Non-Member Countries
    --Developments in China's Oil Security Policy IEA/NMC/SEQ(2001)1; 
IEA-China Workshop on Emergency Oil Stock Issues IEA/NMC/SEQ(2001)2 
(April, Paris)
    --Workshop on Energy Security Concerns and Response Strategies for 
South Asia (February 10, New Delhi)
    --Other Initiatives and Events
16. Emergency Data System and Related Questions
    --Monthly Oil Statistics December 2000
    --Base Period FC First Quarter 2000/Fourth Quarter 2000
    --Quarterly Oil Forecast--Current Quarter First Quarter 2001
17. Emergency Reference Guide
    --Update of Emergency Contact Points List
18. Other Business
    --Dates of June and November Meetings

    As provided in section 252(c)(1)(A)(ii) of the Energy Policy and 
Conservation Act (42 U.S.C. 6272(c)(1)(A)(ii)), these meetings are open 
only to representatives of members of the IAB and their counsel, 
representatives of members of the SEQ, representatives of the 
Departments of Energy, Justice, and State, the Federal Trade 
Commission, the General Accounting Office, Committees of Congress, the 
IEA, and the European Commission, and invitees of the IAB, the SEQ, or 
the IEA.

    Issued in Washington, D.C., March 8, 2001.
Eric J. Fygi,
Acting General Counsel.
[FR Doc. 01-6312 Filed 3-12-01; 8:45 am]
BILLING CODE 6450-01-P