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South African energy policy & G8 Petersburg declaration on global energy security
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Correspondence between South African energy policy and the Petersburg Declaration
Significance of the five key elements of the Petersburg Declaration for South African energy policies
Open, transparent, efficient and competitive markets
Transparent, equitable, stable and effective legal and regulatory frameworks
Enhanced dialogue on relevant stakeholders' perspectives
Diversification of energy supply and demand, energy sources, geographical and sectoral markets, transportation routes and means of transport
Environmentally sound development and use of energy
G8 Petersburg Declaration action plan - seven core aims
1. Reducing energy poverty
2. Addressing climate change and sustainable development.
3. Increasing transparency, predictability and stability of global energy markets
4. Improving the investment climate in the energy sector
5. Enhancing energy efficiency and energy saving
6. Diversifying energy mix
7. Ensuring physical security of critical energy infrastructure
South African policy interests and respective mechanisms of international dialogue and arbitrage