slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Monthly Oil Statistics (MOS) Joint Organisations Data Initiative (JODI Oil) PowerPoint Presentation
Download Presentation
Monthly Oil Statistics (MOS) Joint Organisations Data Initiative (JODI Oil)

Loading in 2 Seconds...

play fullscreen
1 / 30

Monthly Oil Statistics (MOS) Joint Organisations Data Initiative (JODI Oil) - PowerPoint PPT Presentation


  • 152 Views
  • Uploaded on

Monthly Oil Statistics (MOS) Joint Organisations Data Initiative (JODI Oil). Energy Statistics Training Paris, 4-8 March, 2013 Á gnes Nagy Monthly Oil Statistics. Why collecting monthly oil data?. Emergency Purposes Oil and Gas Market Analysis World-wide Data Dissemination.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Monthly Oil Statistics (MOS) Joint Organisations Data Initiative (JODI Oil)' - feng


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Monthly Oil Statistics(MOS)

  • Joint Organisations Data Initiative (JODI Oil)

Energy Statistics Training

Paris, 4-8 March, 2013

ÁgnesNagy

Monthly Oil Statistics

why collecting monthly oil data
Why collecting monthly oil data?
  • Emergency Purposes
  • Oil and Gas Market Analysis
  • World-wide Data Dissemination
the iea monthly data system
The IEA monthly data system

1) MOS

2) JODI

3) Emergency data system

(during supply disruption)

slide4

JODI Questionnaire

M-1

Monthly Oil Questionnaire

M-2

Revisions to historical data

differences between the mos and jodi questionnaire
Differences between the MOS and JODI questionnaire

Monthly Oil Questionnaire for OECD countries requires more information than JODI

Monthly Oil Questionnaire

JODI

December

January

February

slide6

Annual Oil Statistics

Annual Oil Questionnaire

slide7

Monthly Oil Statistics

Emergency stock coverage: 90-days

IEA/OECD countries

Monthly Oil Questionnaire

slide8

Monthly Oil Survey

August 2004

  • Worldwide oil data dissemination

Paper publications Electronic Form

Monthly Oil Data Service(MODS)

slide9

Oil Market Report

    • The benchmark oil market analysis of where the oil market is today and where it is likely to be headingin the future
    • Monitor the oil market
    • Analyse trends in demand, supply, refinery
    • activity, trade, and stocks
    • Inform the oil market with latest global data
    • Project short term developments in the oil market.
  • Increasing usage of JODI data in particular for non-OECD countries.
what is jodi
What is JODI
  • JODI was born in 2000 as

Joint Oil Data Initiative

    • Oil data collection from almost all over the world

(around 100 participating countries)

    • Purpose

oil data transparency

  • It is a concrete outcome of the energy producer-consumer dialogue
slide11

JODI Background

  • An unusual high volatility in oil prices was observed at the end of the 90’s / beginning 2000
  • The lack of transparent and reliable oil statistics was identified as a contributory factor

Evolution of oil prices ($/barrel)

slide12

Emerging Economies & JODI

  • JODI data are becoming crucial for the growing portion of the market accounted for by the emerging economies
    • All expected growth in demand is in Non-OECD
    • Asia and Middle East: new refining and storage capacities
    • OPEC, Brazil and Caspian: supply growth
slide13

Growing JODI importance

  • Within 6 months: 55 participating countries, 6 months later (May 2002): over 70 participating countries:
  • 2002: six organisations obtained agreement from their member countries → Joint Oil Data Initiative, became a permanent reporting mechanism.
slide14

One common JODI questionnaire for all 6 organisations

Member countries

How it works

Member countries

Member countries

Member countries

Member countries

Around 100 participating countries, representing over90% of global supply and demand

Member countries

slide16

NGL, Other and Total column added in order to avoid miscounting in Crude Oil production

Naphtha accounts for a large share of other products, so the need to have a special column to report it

Kerosene is also used for cooking and lighting in Asia, Africa and Latin America, so the need to differentiate jet kerosene from other kerosene

  • 2006: JODI extended questionnaire for oil (Maxi-JODI), 2 year trial period, 2008: fully implemented

Addition of a few technical flows to be able to make a full oil balance and consequently better check internal consistency and overall quality

slide17

Latest: Initiative to cover Natural Gas (JODI Gas)

  • and annual data on upstream and downstream capacity
  • and expansion plans.
  • JODI rebranded from Joint Oil Data Initiative to
  • Joint Organisations Data Initiative
slide18

Outcomes & Achievements

  • At country level:
    • Trainings: Improving the quality, timeliness and coverage of statistics
    • Establishment of data collection mechanism when there was none
    • Moving from M-3 to M-2 and then to M-1
    • Fewer confidentiality issues, increasing coverage, better quality data
  • Strengthening the links between organisations, countries and companies,
  • contributing to the harmonization statistics
  • JODI World Database
  • Expanding platform of users
slide19

TRAINING

  • To help the participating countries to report better quality data in the JODI questionnaire:
    • definitions
    • data quality assessment
    • oil data issues
  • To share their experience on data validation and collection issues.
  • To get clarifications about the definitions, data quality assessment and oil data issues
  • Apart from trainings, the IEF Secretariat hosts JODI Internship programs at its headquarters in Riyadh, for officials from developing countries with direct responsibility for oil statistics.
slide20

JODI trainings already held:

3rd JODI Training

------

Oct 2007

------

IEFS

OPEC

IEA

UNSD

IMF

Bogota

5th JODI Training

------

Nov 2009

------

IEFS

APEC

Eurostat

IEA

6th JODI Training

------

Jul 2010

------

IEF

OLADE

IEA

7th JODI Training

------

Oct 2012

------

IEF

IEA

OPEC

Ankara

Algiers

4th JODI Training

------

Nov 2008

------

IEFS

APEC

IEA

Rabat

Bangkok

Caracas

1st JODI Training

------

Aug 2006

------

OLADE

IEFS

IEA

OPEC

UNSD

IMF

2nd JODI Training

------

Feb 2007

------

IEFS

Eurostat

IEA

OPEC

IMF

Johannesburg

what happens to jodi data once submitted
What happens to JODI data once submitted :
  • JODI World Database
  • Evaluation of JODI data:
    • participation
    • timeliness
    • completeness
slide22

www.jodidata.org

  • JODI World Database
  • Accessible free of charge, regular monthly updates
  • 2012 – release of the extended JODI World Database
  • (data from extended JODI questionnaire)
slide23

Ongoing JODI performance evaluation:

  • data submission, timeliness and completeness
  • Ratings: Good , Fair K , Poor 
slide24

Importance of JODI Data

  • JODI on political agenda:
  • 2009
  • 2010
  • 2011
  • Meeting of Finance Ministers and Central Bank Governors, Washington DC, April 2011
slide26

JODI MANUAL

    • Definitions of products and flows
    • Data verification methods
    • Examples of practices from countries
    • Questionnaire and database overview
  • The manual for small JODI format is available in Spanish, French, Chinese, Russian and Arabic
  • The manual for extended format of JODI has been released in October 2012, currently only in English
thank you
Thank you

mos@iea.org

exercise jodi 3
Exercise JODI.3
  • Remember that the table is a BALANCE.
  • You need to report that the NGL is used directly (on the primary product side: NGL Direct Use) and then that it enters the market directly (on the secondary products side):
    • report it in the “RECEIPTS” line under “Other Products”
  • Only now you show how it is reclassified into LPG.
  • Use the Interproduct Transfer line.
  • This way the LPG produced in the gas plant will be part of demand.
  • Receipts for Other Products include direct use
  • of crude oil and NGL
exercise jodi 31
Exercise JODI.3

100

100

-100

100

100

The Interproduct Transfer Total should be equal to 0