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G-8 private-sector energy forum begins ahead of minister talks.

DETROIT, May 2 Kyodo

A meeting of business leaders and energy experts from the Group of Eight (G-8) countries began Thursday in Detroit ahead of a G-8 ministerial meeting on energy issues Friday.

The two-day G-8 Energy Forum, co-sponsored by the State of Michigan and the U.S. Energy Association (USEA), is intended to facilitate private-sector discussions on key issues that will determine how the eight economies will produce and consume energy.

The plenary session of the forum is being chaired by USEA Chairman John Derrick. The forum also includes parallel sessions on such topics as global energy outlooks, energy security and new energy technologies in the transport sector.

G-8 ministers, including Japan's Economy, Trade and Industry Minister Takeo Hiranuma and U.S. Energy Secretary Spencer Abraham, are also participating in the forum and will make concluding remarks at the end of Thursday's plenary session.

On Friday, the G-8 ministers will discuss topics such as energy security, emergency preparedness, competitive energy markets and development of energy technologies.

Hiranuma plans to urge his G-8 partners to use national stockpiles in times of surging oil prices, Japanese officials said.

The G-8 consists of Britain, Canada, France, Germany, Italy, Japan, Russia and the United States.
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Publication:Japan Energy Scan
Date:May 6, 2002
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