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Regional oil and gas workshop - Tokyo, Japan : report on workshop findings and follow-up activities (English)

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  • Regional oil and gas workshop - Tokyo, Japan : report on workshop findings and follow-up activities (English)
  • Wolman, Paul
  • World Bank (WB)


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Title Regional oil and gas workshop - Tokyo, Japan : report on workshop findings and follow-up activities (English)
Similar Titles
Material Type Reports
Author(English)

Wolman, Paul

Publisher

World Bank (WB)

Date 1995
Language English
File Type Link
Subject Industry and Technology < Manufacturing

Abstract

The Regional Oil and Gas Workshop in Tokyo held in June, 1994, successfully identified the assistance needs of selected countries of Eastern Europe, Russia, and Asia in implementing privatization and restructuring programs as a means of improving efficiency and enhancing resource mobilization, securing needed financing for oil and gas investments, and evaluating the potential for oil and gas trade within the Asia region. The workshop brought together a wide variety of participants--countries with large, growing industrial energy consumption, important oil and gas producers, and private and public sector entities interested in regional oil and gas development. This report on the proceedings summarizes the main findings that emerged from the papers and discussions and provides a brief description of follow-up activities that have developed in response to these findings. The workshop's conclusions cover four main areas, elements that make for effective privatization practice, the importance of technical assistance in privatization practice, the need for special financing mechanisms to attract private investment, and creating the institutional framework for trade development as well as multilateral investment and decisionmaking beginning with the World Bank initiative to evaluate options for exporting oil and gas from Central Asian countries.