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2008-12-24 China proposes measures for strengthening energy cooperation with Indonesia

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Wednesday, 24 December 2008 00:00


Visiting Chinese Vice-Premier Li Keqiang proposed a package of measures aimed at boosting energy cooperation with Indonesia in an address to the 3rd China-Indonesia energy forum here on Monday.

STRENGTHENING STRATEGIC DIALOGUE

China and Indonesia should treat and strive to deepen their energy cooperation from a strategic height with a view to promoting the two countries' common and long-term development and maintaining regional and global development in line with the principles of mutual trust, mutual support, reciprocity and mutual benefit, Li said.

He called for closer consultations between relevant government departments of the two countries and said that China is ready to conduct joint research and dialogue with Indonesia on their energy strategies, make efforts to coordinate their energy policies and improve energy cooperation mechanisms so as to create a better environment for further developing bilateral energy cooperation.

EXPANDING INVESTMENT AND TRADE

Deepening bilateral cooperation on energy investment is an effective way to promote the combination of investment and trade and that of production and marketing, and therefore can yield more tangible results, Li said.

The Chinese government encourages capable Chinese enterprises to invest in energy projects in Indonesia, supports their efforts to create new forms of cooperation, encourages conclusion of long-term supply contacts and backs efforts to expand energy trade, he said, adding that China is ready to offer some preferential terms where necessary.

China also welcomes Indonesian energy companies to China to carry out business operations, Li said.

EXPANDING THE SCOPE OF COOPERATION

China and Indonesia, while continuing to strengthen their existing cooperation, should also explore new areas of cooperation, Li said, adding that the two sides should expand cooperation in exploration and development of resources, including better exploitation of renewable energies such as wind, biomass energy and promoting clean utilization of energies, Li said.

The two sides should step up technical exchanges and training in the field, he said.

The two sides could also join hands in exploring energy in third countries and jointly tap oil and gas in the South China Sea, he said.

Problems concerning energy security are global ones which can not be solved by any one country alone without international cooperation, Li said.

The international community should strengthen coordination and continue to adopt practical measures to stabilize financial markets, maintain economic growth and promote healthy development of energy markets, he said.

In this regard, dialogue and cooperation on energy should be deepened, he said.

Developed countries should increase their technical support and financial aid to developing nations and should honor their commitments to reduce their greenhouse emissions in accordance with the Kyoto Protocol and the "Bali Roadmap," Li said.

China, as a responsible developing nation, is ready to make further efforts to strengthen international energy cooperation and maintain international energy security and stability, Li added.

Source: Xinhua

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