Natural gas in South-East Europe: Investment, transit and trade

The Energy Charter Secretariat and the International Energy Agency organised a joint seminar on 5-6 May 2004 to discuss issues of investment, transit and trade in South-East Europe. Its main objective was to assess the viability of possible routes across Turkey and South East Europe paving the way for direct gas supply from the Caspian and Gulf regions to South East and Western Europe.

Presentations

Opening

Ambassador Alev Kiliç - Deputy Undersecretary for the Turkish Ministry of Foreign Affairs

Introduction and Objectives of the Seminar

Ambassador William C. Ramsay - Deputy Executive Director, International Energy Agency

Erik Sørensen - Director, for Energy Efficiency and Investment, Energy Charter Secretariat

Session I: Bringing Caspian and Gulf gas to Europe: views from downstream

The size and structure of gas markets have an essential role in the developments of new supply routes. This session focused on the possible developments in the enlarged EU gas markets that may have an effect on developing diversification of supply, notably from the Caspian and the Gulf.

Chairman: Ambassador William C. Ramsay (IEA)

Outlook for Gas Demand, Supply and Investment to 2030: Fatih Birol (Chief Economist, IEA)

Features and Transformations of the Enlarged EU Gas Markets

European Commission: Brendan Devlin, DG-TREN, Policy Officer, Electricity and Gas Unit

Regulators' Role: Oliviero Bernardini, Italian Energy Authority, CEER member

Industry Views: Alessandro Lanza, Chief Economist, ENI SpA, Eurogas company member

Gas Markets in SEE, Situation and Perspective

Situation and Perspectives in Turkey and the Gas Release Programme: Arif Aktürk (BOTAS, Head of Natural Gas Purchase and Contract Release Department)

European Commission: The Athens Process - Creating Regional Markets in South-East Europe: Brendan Devlin, DG-TREN, Policy Officer, Electricity and Gas Unit

Session II: Gas transit risks, policies and regulations

This Session focused on transit countries risks, policies, and opportunities to enhance security of gas supply, with focus on gas infrastructure investment climate, regulatory framework and mode of operation.

Chairperson: Ambassador Alev Kiliç, Deputy Undersecretary for the Turkish Ministry of Foreign Affairs

Upstream and Export Investment Climate and Investment Risks

Shah Deniz-Stage 1 Becomes a Reality: Richard Ruddiman, BP Gas, Power & Renewables, on behalf of the Shah Deniz and South Caucasian Pipeline (SCP) consortiums

Country Risks Overview, Focus on South Caucasus

Zeyno Baran: Nixon Centre

Mamuka Tsereteli: Executive Director, America-Georgia Business Council

Transit Countries' Policies

Turkey: Nilgün Açikalin, Head of Transit Petroleum Pipelines Department, Ministry of Energy and Natural Resources

Donor Roles and Support Programmes in South-East Europe

European Commission/TEN Programme: Brendan Devlin DG-TREN, Policy Officer, Electricity and Gas Unit

Public Governance and Prospects for Caspian Gas: Yelena Kalyuzhnova, Director, Centre for Euro-Asian Studies, University of Reading

Gas Company Strategies in Eurasia: Emmanuel Bergasse, Administrator for Central and South-East Europe, IEA

Bringing Gas from the Caspian and the Gulf to Europe: Status of Main Commercial Projects

Turkey as an Energy Corridor between the East and the West-Gas to Europe: Çenk Pala, BOTAS, Head of Foreign Relations and Strategies

The role of DEPA in the Greek Gas Market Development and in the Eastern Gas Transit to Europe: Vassilios Tsombanopoulos, DEPA, General Director-Strategic Planning and Subsidiaries

Turkey-Austria pipeline (Nabucco project): Johann Gallistl, OMV Erdgas, Manager, Transmission and Storage, on behalf of Nabucco Company Pipeline Study GmbH

Session III: Investment, trade and transit in bilateral and multilateral context

This Session focused on barriers to investment in gas infrastructure and trade in bilateral and multilateral context and approaches that may help reduce such barriers.

Chairperson: Erik Sørensen (ECS)

The bilateral and multilateral environment for investment in gas infrastructure and operation of trans-border pipelines, the climate for cross-border trade in gas and gas-related services

The New Natural Gas Market and the Role of the Regulator: Hazan Özkoç, Energy Market Regulatory Authority, Turkey

Bulgargaz in the New SEE Gas Scene: Nikolay Milev, Head of R&D Division, Bulgargaz EAD

Coalbed Methane and Natural Gas Project Dobroudja Basin, Bulgaria: James S. Marshall, Raven Ridge Resources, Executive Vice President

Transcontinental Gas Pipelines, Investment Risks and Frameworks: Boyko Nitzov, Senior Expert, ECS