Emerging Threats to Energy Security and Stability January 23 to January
25, 2004, Windsor Castle, UK This two-day NATO-sponsored workshop was
organised by the Windsor Energy Group and MEC International Ltd with
support from NATO's Science Committee. The workshop was designed to
promote a public-private sector exchange on how best to address issues
arising in energy security at a time of growing uncertainty. In
particular, it sought to assess emerging threats to energy security and
stability and discuss new security strategies to protect global energy
supplies from regional instability and terrorism. The format involved a
wide-ranging international group of poli- formers and advisers from
NATO, Partner and other countries, in a unique forum for intensive
expert discussion. Background The international community is
increasingly conscious of the need to develop new energy security
strategies in order to protect global energy supplies from regional
instability and terrorism. Energy security is a vital element in
international stability. However, a variety of energy-related economic,
technical, and military/political factors pose serious challenges to the
international community's pursuit of energy security and stability: The
global economy is expected to continue to be largely dependent on oil
and gas for the next twenty to thirty years. Current levels of
production may need to be doubled in this period, with most of the
increment coming from the Gulf States who control 66% of global oil
reserves and 40% of global natural gas reserves. There are forecasts of
significant capacity shortfalls.