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EI's International Petroleum Week Attracted Global Interest- IENE Participation

EI's International Petroleum Week Attracted Global Interest- IENE Participation This year's International Petroleum Week organized by the Energy Institute in London during the last week of February attracted huge international interest judging from the wide media coverage and with more than one thousand delegates from more than 40 countries.

This year's International Petroleum Week organized by the Energy Institute in London during the last week of February attracted huge international interest judging from the wide media coverage and with more than one thousand delegates from more than 40 countries. Focusing on the themes of geopolitics, sustainability and technology the conference hosted some 120 keynote speakers and panelists who between them reviewed latest developments from a policy, technology and investment point of view.

Included in the subject areas of the conference was a wide ranging discussion on the future for the oil and gas industry, the geopolitics of oil and gas and what will energy security look like over the next decade, the role of blockchain as a driver for enhancing business value, actions to tackle climate change and the role of the oil and gas industry. In this context BP's presentation of its annual Energy Outlook was particularly relevant as it provided a solid and well referenced background on which the whole discussion ensued. The increasingly assertive role of Russia in oil and gas was another subject area which attracted considerable interest together with the latest developments in the Caspian region. Equally important was the discussion on Africa's position as the new frontier area for oil and gas with several examples fully analyzed from Ghana, Mozambique, Tanzania, Senegal/Mauritania and Uganda.

Assuring fuel integrity from terminal to pump in the downstream supply chain fuel authentication was another area of prime interest together with the role of liquid fuels in European climate strategy. Finally the importance of the digital revolution in connection with growth strategies in in oil and gas attracted wide ranging interest from all different backgrounds of energy professionals. IP Week concluded with the customary official dinner with more than 800 guests attending to listen to Charles O Holliday, chairman of Royal Dutch Shell and member of the Energy Transition Committee who was this year's invited guest of honor and speaker. The dinner function was most skillfully chaired by Malcolm Brinded, president of the Energy Institute and past Exec.Director of Shell with prof. Jim Skea, past chairman of EI, contributing comment.

The Institute of Energy for SE Europe (IENE) was represented by its Executive Director,Mr.Costis Stambolis who together with Senior Research Associate Dr. Charles Ellinas participated in most sessions taking active part in discussions and comment.

During IP Week the joint EI/IENE conference on East Mediterranean Hydrocarbon developmentswas officially announced and which is scheduled to take place on October 8, 2019 and will be held at EI's premises in central London.

EVENTS East Mediterranean: The New Natural Gas Frontier Energy & Development 2019

PUBLICATIONS Long-Term Gas Contracting Terms, definitions, pricing - Therory and practice The Greek Energy Sector 2019 SEEEO 2016-2017 More

COOPERATING ORGANISATIONS IEA WEC Energy Community Eurelectric BBSPA AERS ROEC BPIE