overview of jodi achievements

Download Overview of JODI achievements

Post on 09-Jan-2016




2 download

Embed Size (px)


Overview of JODI achievements and extension to monthly natural gas data collection Yuichiro Torikata Energy Analyst International Energy Forum. Overview of JODI achievements. Rome Apr. 08. Doha Apr. 06. 19 November 2005 Launch of JODI Database by King Abdullah. Riyadh Nov. 05. Quito - PowerPoint PPT Presentation


  • Overview of JODI achievements and extension to monthly natural gas data collection

    Yuichiro TorikataEnergy AnalystInternational Energy Forum

  • Overview of JODI achievements

  • Bangkok Apr. 01Riyadh Nov. 01Mexico May 02Osaka Sep. 02Cairo Oct .03Doha Apr. 06Riyadh Nov. 00Bali Oct. 04Riyadh Nov. 06RiyadhNov. 05Amst. May 04Rome Apr. 08QuitoJun. 09

  • What is the JODI Questionnaire?NGLNaphthaProduct transfersStatistical Difference

  • Data collection systemParticipating CountriesPartner organisationsIEF

  • Putting JODI high in the political agendaCannes Summit final declaration, G20 Summit3 - 4 November 2011, Cannes, France Meeting of Finance Ministers and Central Bank Governors 14-15 April 2011, Washington DC IEA Ministerial Meeting 18-19 October 2011, Paris, France The 4th Asian Ministerial Energy Roundtable 18 April 2011, Kuwait City Extraordinary International Energy Forum Ministerial Meeting 22 February 2011, Riyadh, Saudi Arabia Seoul Summit document, G20 Summit, 11-12 November 2010, Seoul, Korea 9th Meeting of APEC Energy Ministers 19 June 2010 Fukui, Japan 12th International Energy Forum 30 - 31 March 2010 , Cancun, Mexico G8 Declaration, G8 Summit 2009 8 -10 July 2009, LAquila, Italy The 3rd Asian Ministerial Energy Roundtable 26 April, 2009, Tokyo, Japan. etc.

  • The JODI partner organisations and the IEF regularly conduct international JODI Conferences, which provide a platform for participating countries and data users to assess and debate the progress of the Initiative.International JODI Conference

  • Capacity building effortsJODI Training ProgrammeJODI Training Workshops Level: Region. Number of participants: 20-30In-house Training Workshops Level: Country. Number of participants: 10-20JODI Internships Level: Country. Number of participants: 2-4Help participating countries to report better quality data through the JODI Oil questionnaire. Offer participants in charge of oil statistics from governments an occasion to clarify Jodi definitions and to learn more about data quality assessment techniques. Offer also a good opportunity to share their best practices on data validation or to discuss issues on data collection.

  • Capacity building efforts JODI ManualEnglishRussianSpanishChinese

  • Participation situation in JODI Oil

  • Promotion of JODI Monthly Data Report Regular JODI NewslettersJODI section for the IEF Newsletter

  • JODIdata.org

  • Extension to monthly natural gas data collection

  • Witnessed Changes in Regional Gas Markets and Globalisation Asia-Pacific- Major new importers of LNG together with long established markets- Suppliers to the region are global: both the Pacific Rim and the Middle EastEurope- The European Unions single market process- Increasing LNG import: from both Atlantic Basin and Middle EastEurasia- Key economic activity- Russian direct entry to LNG marketLatin America- Entering to the global gas marketThe Middle East- Traditionally large scale supplier of LNG to both Atlantic and Pacific markets- Becoming a major gas consuming regionNorth America- Impact of world gas market developments on their local markets- International business opportunitiesAfrica- Countries in North and West Africa are major consumers as well as exporters

  • Energy companies, their customers, and governments have an interest in improved gas informationIn recent years, the price of gas in international markets has been extremely volatile. In principle the markets adapt to volatility, but practical difficulties are caused at a number of levels :

    Budget planning Producer countries for whom resource rents, including rents from natural gas extraction, are an important contributor to national budgets, find that volatile prices create major complications in planning stable budget expenditures.

    Customer bills. Consumers of gas in industry and households face mixed signals when prices are volatile. Many face economic hardship when prices are very high, but equally there are concerns that periods of low prices reduce incentives to invest in carbon-reducing energy efficiency. Volatility can cause political difficulties in consumer countries as well.

  • From a concept to an action10th International Energy Forum, Doha, April 2006Ministers reaffirmed their commitment to providing timely and accurate data to JODI and envisaged co-operation in expanding, in due course, the initiative to include data of other sources of energy that are important in the world energy mix.the First IEF-IGU Ministerial Forum, November 2008Ministers and industry leaders discussed the relevant issue whether a mechanism of gas data reporting similar to JODI would enhance gas market transparency and encouraged the IEF Secretariat to assess with other relevant international organisations possible extension of JODI to cover natural gas data.11th International Energy Forum, Rome, April 2008 Given the trend towards globalization in the gas market, it is time to progressively extend JODI to natural gas. Ministers encouraged the IEF Secretariat to take the initiative to make this happen, working together with other relevant international organizations and to report to the next Ministerial meeting, progress made in this regard.IEF Study on feasibility of the proposed extension of JODI to include natural gas

  • Findings from the studyThe reports principal conclusion is that such an initiative is today feasible, without excessive burden being placed on the reporting organisations.Why its feasible?

    77 countries out of 98 countries participating oil JODI are consumers and/or producers of natural gas.

    Three organisations (APEC, Eurostat, IEA) already have monthly gas data reporting architecture although there are differences in degree of data coverage and of their timeliness.

    OLADE is working toward to establish monthly gas data collection system

    OPEC and UNSD show their support for the Initiative within their availability and capacity

  • Findings from the studyThe reports principal conclusion is that such an initiative is today feasible, without excessive burden being placed on the reporting organisations.Why its challenging?

    Measurement and reporting difficulties

    Confidentiality issues

    Exports and re-exports

    Educational challenges

  • - Reserves data have little market impact,

    - Price data is of value to players in the market only where available in the very short term,

    - But there is clearly room for complementary near-real-time data on supply and demand, and on levels of gas held in storage,

    - Import and export data will enable a complete picture to be built on the global flows and availabilities of natural gas,

    Market transparency will be improved by production, consumption, trade and stocks data. What sort of information is needed?

  • Questionnaire format

    JOINT GAS DATA INITIATVE QUESTIONNAIRECountryMonthYearNatural Gas m3 (at 15oC, 760 mm hg) Natural Gas TerajoulesABIndigenous Production00Imports00 of which: LNG00 Pipeline00Exports00 of which: LNG00 Pipeline00Stock Change00Gross Inland Deliveries (Calculated)00Statistical Difference00Gross Inland Deliveries Observed00 of which: Power Generation00Closing level of stocks held on national territory00Mass to volume conversion factor of LNG (if you have specific figure)m3/tonLNGConversion factor

  • Gas data transparency conferenceMoscow ,26 October - summarySome 40 participants from the gas industry, administrations, international organisations, and consultancy firms as well as gas experts.

    DiscussionGlobalization of gas marketsProgressive liberalization and its impact on the availability of gas dataReview on gas data collection at local, regional level Identification of the conditions necessary for establishing a monthly gas data mechanism exercise at the global level

    Key findingsThe experience of implementation of JODI OilEstablishment of a training programme and publication of a JODI Gas manual Need for further participation of key producing/consuming and transiting countries.

  • **Countries in red are also OECD member countries Participation in gas data collection exerciseTotal 47 Countries and economies

    Eurostat: 23 MC/candidatesAPEC: 19 countries/economiesAustriaBelgiumBulgariaCroatiaDenmark EstoniaFinlandFrance GermanyGreeceHungaryIrelandItalyLatviaLithuaniaNorwayPolandPortugalRomaniaSlovakiaSloveniaSpainTurkeyAustraliaBruneiCanadaChileChinaChinese TaipeiHong KongIndonesiaJapanKoreaMalaysiaMexicoNew ZealandPeruPhilippinesRussiaThailandUSA

    *There are some data submission from Vietnam, Peru prior to Jan 09OLADE: 5 countriesBoliviaBrazilDominican Rep.Trinidad/TobagoUruguay

  • Progress on gas data transparencyParticipation of GECF in the gas data transparency effort

    UNSDs important role to cover data collection from key natural gas markets

    2nd gas data transparency conference Doha Qatar, May 2012

  • Conclusion

  • JODIs main achievementsHelped raising political awareness on the importance of oil data transparencyHelped establishing a free sound oil data collection system at the global levelImproved attitude toward data confidentialityCreated a momentum for more harmonization and cooperationStrengthened dialogue among different JODI stakeholdersEnergy Ministers Administrations International Organisitions Industry and data providers Ma