Monday, May 28, 2007

APEC to Study Impact of State-Owned Oil Companies, Consider Nuclear Body

(Bloomberg) -- Asia-Pacific Economic Cooperation
energy ministers will later today call for a working group to
examine the effects on trade and investment of state-owned oil
and gas companies, according to a draft communiqué.

The working group will be directed also to study how
partnering and cooperating with state-owned companies could
``improve the value chain'' in oil and gas supply, according to
the draft statement obtained by Bloomberg News in advance of the
release of the final communiqué later today. APEC nations will
also be encouraged to consider setting up a regional association
of nuclear safeguard authorities, the draft says.


Read more at Bloomberg Energy News

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