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Energy Security: A Regional Priority for OLADE

 

The Latin American Energy Organization (OLADE) recently participated in the 2nd Meeting of Energy Ministers of the Community of Latin American and Caribbean States (CELAC). This energy ministerial, a two day event from October 24 – 25, 2013, was held at the Montego Bay Conference Centre, Montego Bay, Jamaica.

 

Representatives of countries across the region participated in this meeting, along with regional agencies such as the Caribbean Community (CARICOM), and the Development Bank of Latin America (CAF).

 

OLADE, in its capacity as CELAC’s Technical Advisor on Energy, provided an update on the progress of the Lima Action Plan, formulated at the 1st CELAC Energy Ministerial of 2012. The presentation by the Executive Secretary of OLADE, Dr. Victorio Oxilia, highlighted the following areas of interest:

 

  • Analysis of policies and sub-regional energy strategies and regional initiatives, and identification of points in common

 

  • Exchange of information on biofuels between the coordinators of CELAC

 

  • Energy balances of non-members of OLADE

 

Executive Secretary of OLADE  Dr. Victorio Oxilia,  makes a point during his presentation on  the progress of the 2012 Lima Action Plan

Executive Secretary of OLADE
Dr. Victorio Oxilia,
makes a point during his presentation on
the progress of the 2012 Lima Action Plan

 

At the conclusion of the meeting, Energy Ministers of CELAC Member States were signatories to the Montego Bay Declaration and the Montego Bay Action Plan. Several activities to be undertaken by the signatories include:

 

  • Research into energy-related matters, including energy complexities in Small Island Developing States (SIDS), the possibilities for interconnectivity between countries and groups of countries within LAC, economic efficiencies and financial feasibilities.

 

  •  Establish a database of projects developed and undertaken within the region to be made available to member states with the intention of highlighting successful projects and promoting best practices.

 

  •  Identify and characterize the mechanisms adopted by the countries of the region to ensure the effective exercise of their sovereign right to manage their natural energy resources in accordance with their development strategies.

 These activities form part of the broader effort aimed at achieving Regional Energy Security for the Caribbean and Latin America.

 

Official Group Portrait of Energy Ministers of CELAC Member Countries,  representatives of CARICOM, OLADE and CAF

Official Group Portrait of Energy Ministers of CELAC Member Countries,
representatives of CARICOM, OLADE and CAF



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