From July 23rd to 25th, Mr. Farenik, Chairman of
the Board of Building Corporation "UkrAsiaBuild", visited
Washington, DC. The reason of his visit was inaugural meeting of the
International Energy Advisory Council (IEAC).
|Inaugural meeting of the
International Energy Advisory Council (IEAC) in Capitol
23rd - 25th July 2003.
This international establishment, organized with the initiative
of Congressman Curt Weldon, specializes in providing strategic pro
bono analysis and guidance to governments around the world to
promote a better understanding of geo-strategic energy security and
supply issues between private enterprises and governments. In
facilitating this mission the IEAC will provide advice to
governments as if affects energy related activities.
Today about 30 senior executives of energetic corporations
worldwide are members of IEAC.
The topic of a roundtable discussion of Oversight Members,
Council Members and Advisors in the Capitol was Iraq, Iran
and North Korea: alternative energy solutions to diffuse conflict
& pipeline issues; energy reconstruction.
There were 18 Oversight Members, Council Members and Advisors
present at the Inaugural IEAC meeting, among which Mr. Farenik was
Mr. Farenik has also met with representatives of International
Finance Corporation, Department of the World Bank, Mr. S. Gulrez
Hoda (Principal Investment Oficcer Oil, Gas, Mining & Chemicals
Department) and Mr. Neeraj Jain (Senior Investment Officer Southern
Europe and Central Asia), with whom discussed cooperation
opportunities of Project Financing. Taking into consideration
International Finance Corporation demands, BC UkrAsiaBuild is
preparing a package of detailed information concerning possible