[Federal Register: September 11, 2003 (Volume 68, Number 176)]
[Notices]
[Page 53605-53606]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11se03-65]

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DEPARTMENT OF ENERGY


International Energy Agency Meeting

AGENCY: Department of Energy.

ACTION: Notice of meeting.

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SUMMARY: The Industry Advisory Board (IAB) to the International Energy
Agency (IEA) will meet on September 18, 2003, at the Sony Center at
Potsdamer Platz, Berlin, Germany; and on September 19, 2003, in
connection with an IEA seminar on Oil Stocks and New Challenges in the
Oil Market, hosted by the German Federal Ministry of Economy and Labor
on the same date at Scharnhorststrasse 34-37, Berlin, Germany.

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))
(EPCA), the following notice of meeting is provided:
    A meeting of the Industry Advisory Board (IAB) to the International
Energy Agency (IEA) will be held at the Sony Center at Potsdamer Platz,
Berlin, Germany, on September 18, 2003, from 3 p.m. to 6 p.m. The
agenda for the IAB meeting is as follows:
I. Welcome, Review of Agenda, and Introductions
II. Near-term Goals of the IEA
III. Overview of Upcoming Work at IEA
IV. Progress Report: International Energy Forum & IEA World Energy
Outlook 2003
V. Introduction of Draft Outline for Emergency Response Exercise 3
(ERE3)
VI. Discussion of Design Questions for ERE3
VII. Closing and Review of Upcoming IAB Meetings
    A meeting of the IAB will be held on September 19, 2003, in
connection with a Seminar on Oil Stocks and New

[[Page 53606]]

Challenges in the Oil Market, sponsored by the IEA and hosted by the
German Federal Ministry of Economy and Labor at Scharnhorststrasse 34-
37, Berlin, Germany, commencing at 9:15 a.m. The purpose of this notice
is to permit attendance by representatives of U.S. company members of
the IAB at the IEA-sponsored Seminar, which is scheduled to be held at
the same time and location.
    The agenda for the Seminar is under the control of the IEA. It is
expected that the IEA will adopt the following agenda:

Opening

I. Opening Speeches

Session 1: Dynamics of Global Oil Market and Challenges to Oil Security

I. Recent Oil Market Events, Near-Term Risks and the Continuing
Importance of Strategic Stocks
II. Industry's Perspective on Recent Oil Market Events and the Role of
the IEA and Strategic Stocks
III. Discussion
IV. The Post Iraq Oil Market and the Role of Strategic Stocks
V. Global Investment Outlook to 2030: Key Trends and Uncertainties
VI. Discussion

Session 2: Oil Security and Stockholding

I. Overview of IEA Member Country Stockholding Regimes
II. Discussion
III. Stocks, Data and the Oil Market
IV. Public Stocks, Mandatory Industry Stocks and Fair Competition in
the Market
V. Emergency Reserves and the Growing Use of Bilateral Stockholding
Tickets
VI. Discussion

Session 3: A Global Framework for Future Oil Security

I. Recent Developments in Stockholding by Non-Member Countries
II. The Role of Non-Member Consuming Countries in Global Oil Supply
Security: Strategic Stocks
III. How Will the Producer/Consumer Dialogue Promote Stability in
Global Energy Markets?
IV. Discussion

Concluding Discussion--Key Issues for the Future of Oil Security

I. Summary of the Chairmen and Discussion
II. Conclusion
    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)), the meeting of the IAB
on September 18 is open only to representatives of members of the IAB
and their counsel; representatives of members of the IEA's Standing
Group on Emergency Questions (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. The
expected participants at the IEA-sponsored Seminar on September 19
include Government members of the SEQ, representatives of the German
Federal Ministry of Economy and Labor, representatives of the IEA
Secretariat, and representatives of members of the IAB.

    Issued in Washington, DC, September 5, 2003.
Samuel M. Bradley,
Assistant General Counsel for International and National Security
Programs.
[FR Doc. 03-23166 Filed 9-10-03; 8:45 am]

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