<p> ______2011/EWG42/019 Agenda Item: 9a</p><p>Report on the Progress of the Joint Oil Data Initiative in APEC</p><p>Submitted by: EGEDA</p><p>42nd Energy Working Group Meeting Kaohsiung, Chinese Taipei 17-21 October 2011 EWG 42 session 9-a-2 </p><p>Report on the Progress of the Joint Oil Data Initiative (JODI) in APEC</p><p> Status of Data Submissions</p><p> Submission</p><p>From May to September 2011, 20 of the 21 APEC member economies submitted monthly JODI data to the Coordinating Agency (CA). Of the 21 economies, Vietnam did not submit data since October 2010. </p><p> Timeliness</p><p>Timeliness continued to improve. From an average of 16.3 economies submitting JODI data at M-1 in 2010, this increased to 16.6 in the first 7 months of 2011. </p><p> Data Accuracy</p><p>Data accuracy is evaluated by comparing the JODI data to the annual data. For the 11 non- OECD economies evaluated by the CA, more than 60% of the JODI data are comparable with the annual data. Production and demand data are the most comparable while stock closing and stock change data are the least comparable.</p><p> Data Completeness</p><p>JODI data include indigenous production, imports, exports, stock closing and change, refinery intake and output as well as demand for Crude Oil and five petroleum products, namely: LPG, Gasoline, Kerosene, Gas/Diesel Oil, Fuel Oil and Total Oil. These represent 42 data points. Not all the 21 economies are able to submit the 42 data points. </p><p>One of the reasons cited for incomplete data is confidentiality of stocks data. China, Malaysia, Singapore, and Vietnam are not able to report stock change and/or stock closing. Russia lack data on LPG, kerosene and Total oil.</p><p>Another reason for incomplete data is the absence of data collection system in the concerned economies. Singapore for example, only reports trade data which comprise only 29% of the total number of data points.</p><p> Using of the Extended JODI Format</p><p> All the 21 APEC economies submit the JODI data using the new extended format as of August 2010.</p><p> Other Developments</p><p> Holding of the 8th JODI Oil Conference</p><p>The International Energy Forum Secretariat in cooperation with China’s National Energy Administration held the 8th JODI Oil Conference in Beijing, China last October 10-11, 2011. The conference celebrated the 10th anniversary of JODI and discussed how to further improve the initiative focusing on improving data accuracy. The conference also received the requests and observations of JODI data users. This information will be used by the 7 international energy organizations cooperating on JODI to further improve the current status of JODI data.  Preparation of the 2nd Edition of the JODI Manual</p><p>The 7 international energy organizations collaborating on JODI Oil, which includes the EGEDA’s coordinating agency representing APEC, is preparing the 2nd edition of the JODI Oil Manual. The revision of the manual was decided in view of the current use of the extended JODI Oil questionnaire. The extended JODI Oil questionnaire has an additional 5 energy products and 7 energy flows from the original format. The additional energy products are: NGL, Other primary products, Naphtha, Kerosene type jet fuel and Other oil products. The additional flows are: From other sources, Products Transferred, Backflows, Direct Use, Statistical differences, receipts and interproduct transfers. With the addition of these new products and flows, the JODI Oil manual needed to be revised.</p>