[Federal Register Volume 62, Number 214 (Wednesday, November 5, 1997)]
[Notices]
[Pages 59854-59855]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29263]
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DEPARTMENT OF ENERGY
International Energy Agency Meetings
AGENCY: Department of Energy.
ACTION: Notice of meetings.
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SUMMARY: Subject to timely enactment of legislation to reinstate the
antitrust defense under section 252 of the Energy Policy and
Conservation Act, the Industry Advisory Board to the International
Energy Agency (IEA) will meet November 12-13, 1997, at the IEA's
headquarters in Paris, France to permit attendance by representatives
of U.S. company members of the IAB at a joint meeting of the IEA's
Standing Group on Emergency Questions (SEQ) and the Standing Group on
the Oil Market and at a meeting of the SEQ.
FOR FURTHER INFORMATION CONTACT: Samuel M. Bradley, Acting Assistant
General Counsel for International and Legal Policy, Department of
Energy, 1000 Independence Avenue, SW., Washington, DC 20585, 202-586-
6738.
SUPPLEMENTARY INFORMATION: Subject to timely enactment of legislation
to
[[Page 59855]]
reinstate the antitrust defense under section 252 of the Energy Policy
and Conservation Act (EPCA), the following meeting notices are
provided, in accordance with section 252(c)(1)(A)(i) of the EPCA:
I. A meeting of the Industry Advisory Board (IAB) to the
International Energy Agency (IEA) will be held on November 12, 1997, at
the headquarters of the IEA, 9, rue de la Federation, Paris, France,
beginning at 2:30 p.m. The purpose of this meeting is to permit
attendance by representatives of U.S. company members of the IAB at a
joint meeting of the IEA's Standing Group on Emergency Questions (SEQ)
and Standing Group on the Oil Market (SOM) which is scheduled to be
held at the aforesaid location on the aforesaid date. The agenda for
the meeting is under the control of the SEQ and the SOM. It is expected
that they will adopt the following agenda:
1. Current Oil Market Situation
2. The 50th Anniversary of the Marshall Plan and Evolution of Oil
Markets
--Introduction
--The Effect of the Marshall Plan on Oil Prices: Has the Oil Market
Really Changed?
--50 Years Dealing with Cycles of Optimism and Pessimism
3. The Next 50 Years? Report on the IEA Workshop on Long-Term Oil
Supply
4. Oil Market Dynamics in Supply Emergencies
II. A meeting of the IAB will be held on November 13, 1997, at the
headquarters of the IEA, beginning at approximately 9:30 a.m. The
purpose of this meeting is to permit attendance by representatives of
U.S. company members of the IAB at a meeting of the SEQ which is
scheduled to be held at the IEA headquarters on November 13, including
a preparatory encounter among company representatives from
approximately 9:15 a.m. to 9:30 a.m. The agenda for the preparatory
encounter among company representatives is to elicit views regarding
items on the SEQ's agenda. The agenda for the SEQ meeting 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 Summary Record of the 90th Meeting
3. SEQ Work Program
--The 1998 SEQ Work Program
--Organization of Emergency Response Exercise 1998
4. Policy and Legislative Developments in Member Countries
--Energy Policy and Conservation Act (EPCA)
--Report on DOE Strategic Petroleum Reserve Study
--Sales by some Member Countries of Government-held stocks
--Other Country Developments
5. Industry Advisory Board
--Current and Planned IAB Activities
6. Long Term Strategy Issues
--Agenda of Seminar on IEA Emergency Reserve Strategy
--Future Strategies for IEA Emergency Reserves
7. Emergency Response Reviews of IEA Countries
--Belgium
--Netherlands
--Norway
--Sweden
--Hungary
--Updated Schedule of Reviews
8. Review of SEQ Work Procedures
--Results of Survey
--Summary and Implementation
9. Emergency Reserve Situation of IEA Countries
--Emergency Reserve and Net Import Situation of IEA Countries on
July 1, 1997
--Report to the Governing Board on the IEA Emergency Reserve Issues
10. Emergency Response Issues in IEA Candidate Countries
--The Emergency Reserve Situation of IEA Candidate Countries
11. Emergency Data System and Related Questions
--Monthly Oil Statistics (MOS) June 1997
--MOS July 1997
--Base Period Final Consumption (PFC)--Q396-Q297
--Quarterly Oil Forecast--Q397-Q298
12. Emergency Reference Guide
--Update of Emergency Contact Points List
13. Any Other Business
--1998 Non-Member Countries/SEQ Joint Activities relating to
Emergency Response Issues
--Report by Mr. Masuda on Japan National Oil Company 30th
Anniversary Seminar
--Other issues
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 and the SOM, representatives of
the Departments of Energy, Justice, and State, the Federal Trade
Commission, the General Accounting Office, Committees of the Congress,
the IEA, and the European Commission, and invitees of the IAB, the SEQ,
the SOM or the IEA.
Issued in Washington, DC, October 30, 1997.
Eric J. Fygi,
Acting General Counsel.
[FR Doc. 97-29263 Filed 11-4-97; 8:45 am]
BILLING CODE 6450-01-P
