Baku Initiative

Baku Initiative

The Baku Initiative is a policy dialogue on energy cooperation between the European Union and the littoral states of the Black Sea, Caspian Sea and their neighbours. The initiative was announced on 13 November 2004 at the Energy Ministerial Conference in Baku. Second Ministerial Conference was held in Astana on 30 November 2006.

Objectives

The aim of the Baku Initiative is enhancing integration of the energy markets of participating countries with the EU energy market to create predictable and transparent energy markets, capable of stimulating investments as well as security of energy supply. The objectives of initiative are harmonisation of the legal and technical standards with the aim to create a functioning integrated energy market in accordance with EU and International legal and regulatory framework; increase of the safety and security of energy supplies by extending and modernising the existing infrastructure, substituting the old and dangerous power generation infrastructures with environmentally-friendly power generation infrastructures, developing of new infrastructures and implementing a modern monitoring system of their operation; improvement of energy supply and demand management through the integration of efficient and sustainable energy systems; and promoting of the financing of commercially and environmentally viable energy projects of common interest. To achieve these objectives, the road-map was adopted at the Astana Ministerial Conference.

Partner countries of the Baku Initiative

The partner countries of the Baku Initiative are:

The European Union is represented the European Commission (Directorate General for Transport & Energy; Directorate General for External Relations, and EuropeAid Cooperation Office)

tructure

The technical coordinating body of the Baku Initiative is the INOGATE (Interstate Oil and Gas Transport to Europe) Programme Technical Secretariat, which locates in Kiev. The Baku Initiative is implemented through the four working groups:

* Harmonisation of Legal, Regulatory and Institutional framework for market liberalisation (divided into Electricity and Gas Market Integration sub-groups)
* Enhancing Safety and Security of Energy Transportation Networks
* Sustainable development
* Investment Attraction and Project Facilitation

ee also

* Energy Community
* Energy policy of the European Union

External links

* [http://ec.europa.eu/dgs/energy_transport/international/regional/caspian/energy_en.htm Baku Initiative website] by the European Commission (DG TREN)
* [http://ec.europa.eu/dgs/energy_transport/international/regional/caspian/doc/2006_11_30_astana_conclusions.pdf Ministerial Declaration on Enhanced energy co-operation between the EU, the Littoral States of the Black and Caspian Seas and their neighbouring countries] , 30 November 2006, Astana
* [http://www.inogate.org/en/news/16-july-2006-results-of-the-2nd-meeting-of-the-working-groups-in-2006-on-the-2018baku-initiative2019/?searchterm=Baku%20Initiative Results of the 2nd Meeting of the Working Groups in 2006 on the ‘Baku Initiative’] , INOGATE Secretariat, 16 July 2006


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Baku-Tbilisi-Ceyhan pipeline — The Baku Tbilisi Ceyhan pipeline is a convert|1768|km|mi|0 crude oil pipeline from the Azeri Chirag Guneshli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan; Tbilisi, the capital of Georgia; and… …   Wikipedia

  • Critical Foreign Dependencies Initiative — The Critical Foreign Dependencies Initiative (CFDI) is a strategy and list, maintained by the United States Department of Homeland Security, of foreign infrastructure which if attacked or destroyed would critically impact the U.S. [1][2] A copy… …   Wikipedia

  • Extractive Industries Transparency Initiative — An Extractive Industries Transparency Initiative (or EITI) announced by UK Prime Minister Tony Blair at the World Summit on Sustainable Development in Johannesburg, September 2002, expressed as its aim to increase transparency over payments by… …   Wikipedia

  • Energy policy of the European Union — European Union This article is part of the series: Politics and government of the European Union …   Wikipedia

  • Foreign relations of Ukraine — Ukraine This article is part of the series: Politics and government of Ukraine …   Wikipedia

  • Членство Украины в международных организациях — Политика  Портал:Политика Украина Эта статья  часть серии …   Википедия

  • Членство Молдавии в международных организациях — Список международных организаций членом или наблюдателем которых является Молдавия. Название организации Присоединение Молдовы Статус Организация Объединённых Наций 2 марта 1992 Европейская экономическая комиссия ООН 2 марта 1992 Содружество… …   Википедия

  • Energy Community — The Treaty establishing the Energy Community (also known as Energy Community South East Europe Treaty or ECSEE) was signed in Athens, Greece on 25 October 2005 and entered into force on 1 July 2006.The treaty, which effectively sets up a European …   Wikipedia

  • Third-country relationships with the European Union — The European Union third country relationships are dealt with through different legal instruments, institutions and departments. Topics related to the Community (first pillar) agenda are dealt through the European Commission they relate mostly to …   Wikipedia

  • Military of Azerbaijan — Infobox National Military name = Azeri Armed Forces native name = Azərbaycan Silahlı Qüvvələri caption = Azerbaijan coat of arms headquarters= Baku commander in chief= President Ilham Aliyev minister=Colonel General Safar Abiyev minister title =… …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”