Australia has been invited to take part in a special G20 group appointed to help ensure a stable and sustainable energy market throughout the coronavirus pandemic.
The move comes after Australia’s Energy and Emissions Reduction Minister Angus Taylor took part in an Extraordinary G20 Energy Ministers meeting last week to discuss ways to stabilise global markets following the reduction in demand for oil.
The short-term Focus Group will develop the necessary measures to help stabilise global markets and build resilience in consultation with other relevant international energy organisations, including the International Energy Agency and the International Energy Forum. The Focus Group will regularly report back on its work to the G20.
Minister Taylor said Australia had been invited to join the Focus Group by Chair of the G20 Energy Ministers, Saudi Arabia’s Energy Minister Abdulaziz bin Salman bin Abdulaziz.
... to continue reading you must be subscribed
