September 13, 2019 | 12:31 am
AUSTIN, TEXAS
— Over-reliance on one type of energy or dependence on one country as an energy
source is a threat to national security, an official of the US Department of
State said here, as he pointed to alternative models of resource development
that the Philippines can adopt.
“We think that it’s
better for the country when you have the best choice of all of the different
companies to look at — to look at the bids, to look at the offers — and then
make the best choice for the country’s development and for the development of
whatever resource you’re talking about,” Kent D. Logsdon, principal deputy
secretary of the Bureau of Energy Resources (ENR), said in a briefing.
Mr. Logsdon was
responding questions from visiting journalists from countries in Asia and
Europe where the bureau hopes for greater engagement. ENR leads the State
department’s efforts to forge its international energy policy to boost US and
global energy security.
“We know there are lots
of countries out there, several in particular, with state-owned enterprises who
are very aggressive and who will come in with a checkbook,” he said.
He pointed to China and
concerns from the United States about resource development models that offer
terms to countries in the region, particularly those with territorial claims in
the South China Sea, that center on joint exploration between a Chinese
state-owned enterprise and a local company.
“We find that
troubling,” Mr. Logsdon said.
He said the United
States has been clear about its stand that the South China Sea is an
international open waterway.
“US companies and other
international companies should also be free to operate there. We continue to
make that very clear, I think, in both word and deed. So we talked to China and
we talked to countries in the region to say that,” he said.
For the United States,
national security is threatened when its allies lack reliable access to
diversified, affordable and reliable energy; foreign energy markets shut out US
companies; market-based energy solutions are hindered by poor governance;
competition for energy leads to conflict; or terrorists and rogue regimes
exploit energy resources to fund violence and destabilizing activities.
ENR serves as the
principal advisor of the Secretary of State on energy security, policy,
operations and programs. As opposed to domestic concerns of the US Department
of Energy, the bureau’s focus is more international.
Mr. Logsdon said the
bureau works with governments in setting an enabling environment for companies
to do business fairly.
“Sometimes, a
state-owned enterprise might win a competition, but if it’s a fair and open
competition, that’s what companies are looking for — that they were able to
bid, and that they were able to get their bid considered in a fair way and the
best company was chosen,” he said.
He said the US is
promoting a private sector-led model of energy resource development where its
companies, especially the smaller ones, can offer solutions, especially in renewable
energy.
Asked about the
enabling environment that US firms are looking for, he said these are the same
as what other governments and businesses around the world would seek. In energy
legislation, for instance, he said these the same as what US companies tell the
government.
“But again it’s pretty
basic — it’s transparent processes, they’re looking for what is the process if
you have a dispute, how do you resolve that,” Mr. Logsdon said.
“They start from the
beginning — in the very fairness of getting a contract, that if they put a bid
down, it’s an open, transparent competition in order to win that. And then
there’s the relationship with the government to figure out how they will share,
whether it’s a production sharing agreements, whether it’s just again dispute
resolution mechanism, what do you do when there’s a problem.”
Mr. Logsdon said US
companies are keen to participate in Philippine projects, including petroleum
exploration, if they see “the right kind of structure and enabling framework.”
“The US government
can’t direct US companies to any place in the world,” he said.
“They have to see a
resource that they think they can develop, and that they can actually be a
profitable company there… that’s the bottom line.”
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