Second Meeting of the Oslo Group on Energy Statistics

1

• Second Meeting of the Oslo Group on Energy
  Statistics
• Energy Statistics, International Merchandize
  Trade Statistics, and National Accounts
  Statistics
• New Delhi, India
• February 5-7, 2007

2
International Statistics Standards

• 1993 System of National Accounts / Balance of
  Payments Manual 5th Edition
• International Merchandize Trade Statistics
• Energy Statistics Manual

3
Definitions

• National Economy
• Valuation and recording
• Flows
• Stocks
• In 1993 SNA/BMP5, IMTS, ESM

4
National Economy

• 1993 SNA/BMP5
• Economic territory
• Center of economic interest
• Units
• Borderline cases (in energy sector)

5
National Economy

• IMTS
• Statistics territory
• Trade systems
• General trade system
• Special trade system
• Customs territory

6
National Economy

• Energy Statistics Manual
• National Territory
• Concession companies??
• Off-shore production??
• Oil smuggling??
• Units
• Marine Bunkers (domestic, international)
• Stocks

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Recording and Valuation

• 1993 SNA/BMP5
• accrual basis of recording
• time of recording change of ownership principle
• valuation of transactions
• Market prices
• Transfer prices
• Barter transactions
• Grant in kind
• Currency conversion
• Aggregating and netting

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Recording and Valuation

• IMTS
• Time of recording
• Time of crossing the border
• Customs clearance
• Goods on consignment
• Valuation
• Customs value
• Statistical value (CIF and FOB)
• Currency conversion

9
Recording and Valuation

• Energy Statistics Manual
• marketable fuels
• physical movement of goods
• conversion factors
• aggregating
• processing gains (oil)??

10
Flows and Stocks

• Production
• Imports
• Exports
• Stocks
• Final Consumption

11
Production

• 1993 SNA
• Production boundary
• Output
• Measurement issues
• Barters
• Changes in inventories
• Deliveries between establishments

12
Production

• Energy Statistics Manual
• Fuels in marketable state
• Indigenous production
• Production of secondary fuels
• Recovery production

13
Imports and Exports

• IMTS/1993 SNA/BMP5
• Goods included/excluded
• Goods recorded separately (for adjustments fro NA
  and BOP)
• Illegal and smuggled goods
• Other (oil retrieved from the ocean floor by
  resident operations and sold abroad directly
  goods consigned to embassies, military bases,
  etc. from their home authorities and vice versa
  returned goods)

14
Imports and Exports

• Special cases
• Change in ownership is unclear (affiliated
  enterprises, quasi-corporation and the owner)
• Other goods (merchanting,
• Goods for processing (refineries)

15
Imports and Exports

• Energy Statistics Manual
• Bartered goods
• Aid in kind
• Goods traded on government account
• Goods for processing
• Bunkers

16
Stocks

• 1993 SNA
• Stock positions
• Changes in stocks
• Time of recording
• Valuation

17
Stocks

• Energy Statistics Manual
• Residency, economic boundary
• Stocks held by producer governments
• Stocks at sea
• Offshore stocks
• Secondary and tertiary stocks held by consumers
• Bunkers

18
Final Consumption

• 1993 SNA
• Final consumption (households, government, NPISH)
• Intermediate consumption

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Final Consumption

• Energy Statistics Manual
• Industry
• Transport
• Other sectors

20

• The views expressed in this paper are those of
  the author and should not be attributed to the
  International Monetary Fund, its Executive Board,
  or its management.