Friday, November 12, 2010

Fourth China-Indonesia Energy Forum

The fourth China-Indonesia Energy Forum was successfully held in Nanning, Guangxi province in China. China's National Energy Administration (NEA) and Indonesia's Ministry of Energy and Mineral Resources (MEMR) jointly held the fourth China-Indonesia Energy Forum in Nanning, Guangxi. More than 200 government officials and energy industry representatives from China and Indonesia participated in this Forum. Zhang Guobao, China's Minister of NEA and Mustafa Abubakar, Vice Chairman of the Indonesia's National Development and Reform Commission attended the opening ceremony and delivered their respective address.

Consensus and Common Interests
In his speech, Zhang Guobao remarked that as two important countries in Asia, China and Indonesia shared broad consensus and common interests. He added that the energy cooperation between China and Indonesia has continued to be deepened and moved toward a more pragmatic approach in recent years.
With joint efforts coming from both countries' governments and private enterprises, China and Indonesia have proactively explored new cooperation method in the fields of infrastructure investment, equipment purchase and integration in trade and energy. Zhang Guobao said that with mutual cooperation between the two countries in the fields such as oil, natural gas, coal and electricity power generation, both countries have obtained new and fruitful breakthrough to enable energy cooperation between China and Indonesia to present a good momentum.

Energy Security and Climate Changes
Zhang added that in order to meet the dual challenges of energy security and climate changes, enterprises from both nations are also seeking cooperative opportunities in the fields of clean energy and recycled energy.
In his speech, Zhang Guobao suggested the two nations to broaden energy cooperative field, deepen cooperation in energy investment, expand bilateral energy trade, and strengthen cooperation in natural resources so as to enhance energy cooperation between China and Indonesia.

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