National Data Repository Meeting 1-3 September New Delhi © OECD/IEA The Joint Oil Data Initiative Mieke Reece IEA

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA What is JODI? From high price volatility to the launch of JODI Early achievements: from 2001 to 2004 The JODI World database: 2005 Improving Use and Usefulness: 2006 to 2009 What next ? A few words to conclude

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA What is JODI? Stands for Joint Oil Data Initiative A concrete outcome of the oil producer- consumer dialogue Initiative between 7 international organisations to improve oil data transparency and harmonisation Monthly oil data collection through a common oil supply questionnaire from more than 90 countries assembled in a world database.

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Part I From high price volatility to the launch of JODI

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA An Unusual High Volatility in Oil Prices… Evolution of oil prices ($/bl) Blame on statistics?

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Table 1 WORLD OIL SUPPLY AND DEMAND Miscellaneous to balance Data show higher Supply than Demand

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Political Call + Technical Answer = Basis Bangkok 2-3 April 2001 Decision taken to launch a 6-month exercise Riyadh Nov “Co-operation among relevant international organisations, as well as the participating countries, in improving and timely accessing to energy data is important for market assessment and transparency.” Political Ministers at the 7th IEF Meeting Technical Heads of Statistics in Paris Paris Nov There are many problems with definitions, units, methodology Organisation can solve some of the problems Involvement of countries is essential There are many problems with definitions, units, methodology Organisation can solve some of the problems Involvement of countries is essential

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA International Energy Forum Conferences JODI Conferences Inter-Secretariat Working Group Meetings International Energy Forum Conferences JODI Conferences Inter-Secretariat Working Group Meetings Amst. May 04 Mexico May 02 Paris Dec 03 Working together : a long process but worthwhile ! Riyadh Nov. 01 Mexico May 02 Luxem. Jan 02 Vienna Apr 02 Madrid July 00 Bangkok Apr 01 Paris Nov 00 Riyadh Nov 00 Vienna May 01 Vienna Oct 01 Amst. May 04 Vienna Jan 03 Paris July 02 Paris Dec 03 Vienna Jun 04 Paris Nov 05 Riyadh Jan 05 Paris Jul 05 Riyadh Nov 05 Cairo Oct 03 Bali Oct 04 Osaka Sep 02 Luxem. Jan 06 Vienna Sep 06 N York May 06 Riyadh Nov 06 Doha May 06 Paris Nov 07 Paris Oct 08 Luxem. June 08 Vienna Mar 09 Quito June 09 Rome May

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Launch Riyadh (11/01) Mexico (5/02) Participation Cairo (10/03) Bali (10/04) Launching of the Database ) Bangkok (4/01) Riyadh (11/05) Use and Usefulness Riyadh (11/06) The Mechanics of JODI Reliability and Sustainability Quito June 2009 Promoting and Extending JODI

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Part II The early achievements of JODI 2001 to 2004

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Country:Month: JOINT APEC/EUROSTAT/OECD-IEA/ OLADE/OPEC/UN DATA Initiative 1 st Step: Agreement on a common Questionnaire Unit: Simple Definitions Month -1 and Month -2 Choice of units left to organisations A Simple Format (42 data points)

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Co-ordination Country A1 Country A3 Country A2 Country E2 Country E1 Country F1 Country F2 Country B3 Country B1 Country B2 Country C1 Country C2 Country D1 Country D2 Country D3 Objectives How many countries would be able to complete the table How many countries would be able to submit M-1 data What are the main difficulties encountered What solutions could be proposed Objectives How many countries would be able to complete the table How many countries would be able to submit M-1 data What are the main difficulties encountered What solutions could be proposed 2 nd Step: To Launch a 6-Month Exercise with Joint and Agreed Objectives

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Data collection and reporting at country level:  Establishment of system when there was none  Moving from M-3 to M-2 to M-1  Fewer confidentiality issues  Better quality data Continuous increase in coverage A JODI World Database Enormous Progress over the first 4 years of the Initiative

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Changes to the Reporting Mechanism Changes in the Law on Statistics; i.e. quicker response of submissions. Workshop session with industry to improve involvement ( “win-win”): Additional: Extra JODI-questionnaire. Changes in the CBS-questionnaire itself. Change towards complete Electronic handling by the companies and CBS. The Netherlands Progress in monthly reporting

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA China has started to collect and release stocks changes data; data on stock levels should follow Fewer Confidentiality Issues China Progress in monthly reporting

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Progress in Data Quality

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Progress in Data Quality

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Global Oil Production Global Oil Demand 94% of world total 95% of world total Coverage and Number of Countries Participating in JODI 93 Progress in Coverage

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA A database was prepared A database was prepared

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Part IV The JODI World database 2005

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA The need for a co-ordinator: the IEF Secretariat A Co-ordinator An Engine and a Catalyst Sustain, improve, release the JODI World Database Assess data quality and provide suggestions for improvement Co-ordinate with the international organisations the public release of the JODI World Database Strengthen oil data reporting capacity Co-ordinate the harmonisation of definitions, conversion factors, metadata Promote JODI Preparation of Conferences Strengthen co-operation between the 6 organisations

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA World JODI database – How does it work Country B3 Country B1 Country B2 JODI Database Country A1 Country A3 Country A2 Country D1 Country D2 Country D3 Country E2 Country E1 Country F1 Country F2 Country C1 Country C2

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA King Abdullah of Saudi Arabia launching the JODI World Database – Nov 2005

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA A View of the JODI World Database Monthly update, M-1 data Color code indicating data comparability (blue, yellow, white)

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA A need for training Website Manual Training Sessions Internships

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Available in French and Spanish, and soon Russian and Arabic Available in French and Spanish, and soon Russian and Arabic A joint IEFS, APEC, Eurostat, IEA, OLADE, OPEC, UNSD manual on JODI

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA JODI Manual Definitions of products and flows are the heart of the manual, however it also includes chapters on: Data verification methods Examples of practices from participating countries The JODI questionnaire and database The JODI manual is translated into other languages than English: Spanish, French, and Russian version are available; Arabic is under preparation The JODI manual is a live document and feedback is an essential element in the drive for progress

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA JODI Training To help the participating countries to report better quality data in the JODI questionnaire It offers participants an opportunity to get clarifications about the definitions, data quality assessment and oil data issues To share their experience on data validation best practices or data collection issues

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Joint JODI training sessions are organised worldwide 1 st JODI Training /08/ OLADE IEFS IEA OPEC UNSD IMF 1 st JODI Training /08/ OLADE IEFS IEA OPEC UNSD IMF 2 nd JODI Training /01-2/02/ IEFS Eurostat IEA OPEC IMF 2 nd JODI Training /01-2/02/ IEFS Eurostat IEA OPEC IMF Caracas Johannesburg 3 rd Training for MENA countries October 2007 in Algiers IEFS/IEA/OPEC/UNSD/IMF 3 rd Training for MENA countries October 2007 in Algiers IEFS/IEA/OPEC/UNSD/IMF Algiers Caspian Sea APEC 4 th JODI Training Sep 08 APEC IEFS IEA OPEC IMF 4 th JODI Training Sep 08 APEC IEFS IEA OPEC IMF Training 2009 Ankara sheduled Nov

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Part V Improving Use and Usefulness

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Despite progress, some problems still remain … Some countries do not send data regularly Some countries do not report some flows, e.g. demand or stocks (close/level) Some countries do not meet the aimed submission for 1-month old data Data submitted by some countries are not always reliable (definition?, other?)

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA How to communicate results to Ministers Results visible rapidly Results on a country basis A measure easy to understand Objective criteria: timeliness, sustainability and completeness  

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Smiley Faces Report shown at IEF meetings What is the overall situation in terms of sustainability, timeliness and completeness ? World Summary  Sustainability Timeliness Completeness

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA What more has been done to improve use and usefulness of JODI? Extension of the current oil questionnaire Promotion of the data base – re-looking of the website A data quality analysis More Training Workshops Internships at IEFS

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Extending the current questionnaire : a response to user’s needs to have more information and a full oil balance However, countries still have the possibility of submitting the current format NGL and Other Non crude production have been added Naphtha accounts for a large share of other products, so the need to have a special column to report naphtha Kerosene is also used for cooking and lighting in Asia, Africa and Latin America, so the need to differentiate jet kerosene from other kerosene Addition of a few technical flows to be able to make a full oil balance

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA What Next ? Part VI

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA What Next? Actively promoting the JODI World database Extending the JODI World database to include additional balance data Extending to other fuels ( e.g. Natural Gas) Annual data on production capacity and investment plans

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA A Few Words to Conclude Part VII

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA The JODI Database The Database is Only the Visible Part of the Iceberg… Oil Companies Oil Analysts 90+ Countries 6 Organisations + The IEFS

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA The Indirect Impacts of JODI Raising the profile of oil (and energy) statistics at the highest level (8 th, 9 th,10 th and 11 th IEF Forum, etc.) Improving the quality, timeliness and coverage of oil (and energy) statistics world wide Strengthening the links between organisations, countries and companies Creating a momentum to strengthen cooperation and work on harmonization (InterEnerStat, the Oslo City Group, etc.)

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Lessons From the Initiative  A lot can be achieved by working together  A close interaction between organisations, countries and the industry is key to move a process  Political backing is essential  Improving data transparency will not happen over night  Transparency will not happen without full participation of all parties

National Data Repository Meeting 1-3 September New Delhi © OECD/IEA Thank you