Dr Yury Sentyurin, GECF Secretary-General, while taking part in the virtual workshop with OLADE.
The Doha-based Gas Exporting Countries Forum (GECF) and Latin American Energy Organization (OLADE) yesterday held a virtual workshop as part of their constant efforts in boosting the mutual cooperation in the filed of energy, which include exchange of information and data related to oil and gas market that are obtained from scientifically grounded patterns.
During the workshop senior experts from both sides discussed the challenges, opportunities, and other issues related to the development of gas market in a world marred by uncertainties.
They also discussed in detail how data is sourced, harmonised, stored and exchanged for the benefit of their member countries and other stakeholders. It is important to note that an up-to-date database of energy statistics is crucial to the overall functioning and market dynamics of global oil and gas production and consumption.
This is why initiatives such as JODI (Joint Organisations Data Initiative) exist; both GECF and OLADE are part of JODI, along with pioneer organisations such as APEC, Eurostat, Opec and the United Nations Statistics Division. “GECF and OLADE are natural partners as both are committed to engage in promoting cooperation and constructive dialogue on issues related to the development of gas sector and favourable market conditions,” said GECF Secretary-General Dr Yury Sentyurin, in his opening remarks.
OLADE Executive Secretary Alfonso Blanco, said: “As OLADE and GECF, we are doing a lot of activities together. Data and statistics can help us build various scenarios for short-, medium-, and long-term future and become a useful tool for providing a different perspective. This is an important activity for the strength and growth of our sector.”
GECF and OLADE have five members in common, Algeria, Bolivia, Peru, Trinidad and Tobago, and Venezuela, a fact that was celebrated by the two at the signing of a cooperation MoU on 11 November 2018 on the sidelines of the 20th GECF Ministerial Meeting in Port of Spain, Trinidad and Tobago.
“The workshop is also aligned with the Malabo Declaration that states the ‘willingness to further enhance the effectiveness of the GECF in promoting international cooperation aimed at the development of the gas industry’,” added Sentyurin.
