Current Affairs

India to Host 16th International Energy Forum Meet

India will host the 16th International Energy Forum (IEF) Ministerial Meeting that is going to be held in New Delhi from April 10-12.

  • Union Minister of Petroleum and Natural Gas Dharmendra Pradhan, while addressing a press conference announced that the IEF meeting will be co-hosted by the Government of China and South Korea.
  • The International energy Forum meet will witness participation from approximately 92 countries including 72 member countries of IEF and 20 guest countries.
  • The last IEF Ministerial Conference hosted by India was in 1996.
  • Global energy organisations, including the Organisation of the Petroleum Exporting Countries, International Energy Agency, will also be represented at the meet.
  • The theme for the IEF Forum Meet 2018 will be based on the future of global energy security, transition, technology and investment opportunities.
  • Since the two major Oil and Gas consuming nations China and South Korea are co-hosting the meeting, they can be influenced to address the concerns and demands of India.
  • This would help in bringing the interests of the consumers to the core of discussion.
  • The last IEF Ministerial Meeting IEF15 was held in 2016 which was hosted by Algeria. The theme of IEF15 was “Global Energy transition: an enhanced role for the dialogue”.
  • The basic objective of the IEF is to facilitate dialogue among international organizations in order to enhance the policy cooperation as well as to strengthen the governance of energy markets globally.
  • To work towards achieving this goal, a trilateral programme has been established between the IEF and the IEA (International Energy Agency) and the OPEC (Organization of Petroleum Exporting Countries).

List of the previous IEF Ministerial meetings

IEF Meeting Year Location Host Co-Host
Ministerial Seminar IEF 1 1991 Paris France Venezuela
Ministerial Workshop IEF 2 1992 Solstrand Norway Egypt and Italy
3rd International Energy Forum IEF 3 1994 Cartagena Spain Algeria and Mexico
4th International Energy Forum IEF 4 1995 Puerto la Cruz Venezuela EC & Russia
5th International Energy Forum IEF 5 1996 Goa India Brazil & Norway
6th International Energy Forum IEF 6 1998 Cape Town South Africa Qatar & UK
7th International Energy Forum IEF 7 2000 Riyadh Saudi Arabia Japan & Netherlands
8th International Energy Forum IEF 8 2002 Osaka Japan Italy & UAE
9th International Energy Forum and 1st International Energy Business Forum IEF 9 and IEBF 1 2004 Amsterdam Netherlands Iran & Norway
10th International Energy Forum and 2nd International Energy Business Forum IEF 10 and IEBF 2 2006 Doha Qatar China & Italy
11th International Energy Forum and 3rd International Energy Business Forum IEF 11 and IEBF 3 2008 Rome Italy India & Mexico
12th International Energy Forum and 4th International Energy Business Forum IEF 12 and IEBF 4 2010 Cancun Mexico Germany & Kuwait
13th International Energy Forum and 5th International Energy Business Forum IEF 13 and IEBF 5 2012 Kuwait City Kuwait Algeria & Netherlands
14th International Energy Forum IEF 14 2014 Moscow Russia Iraq
15th International Energy Forum IEF 15 2016 Algiers Algeria Kazakhstan
India to Host 16th International Energy Forum Meet India to Host 16th International Energy Forum Meet Reviewed by Aman Bhatia on January 25, 2018 Rating: 5

No comments: