Latin American Energy Organization
Organisation latinoaméricaine de l'énergie
Organización Latinoamericana de Energia (OLADE)
Organização Latinoamericana de Energia
1973-11-02 Lima Peru
2 Nov 1973, Lima (Peru), on signature of the Lima Agreement by 25 regional countries at 3rd Latin American Consultation of Ministers of Energy and Petroleum, following a series of meetings held since Aug 1972. Agreement became effective on 18 Dec 1974; Permanent Secretariat became operational in 1975. Scheme to restructure the Organization ratified by resolution of 26th Meeting of Ministers, Nov 1996, Guatemala (Guatemala). Statutes registered in 'LNTS 1/14670'.
Function as: a centre for exchange of experience and information among high-level policymaking areas of the energy sector; a permanent advisory body for energy cooperation and integration among the countries of Latin America and the Caribbean; a forum for exchanging viewpoints so as to achieve regional and subregional stances regarding rational development of natural resources and the impact of their use on the region's environment. In the interest of implementation of policies and programmes compatible with demands stemming from globalization of the world's economy and energy systems and in harmony with world energy development objectives: (a) promote action among member countries to develop and defend the natural resources of their respective countries and of the region as a whole; (b) foster a policy for rational exploration, exploitation, transformation and marketing of member countries' energy resources; (c) enhance appropriate preservation of the region's energy resources by means of policies for rational use of energy; (d) promote direct negotiations among member states to ensure stable and efficient energy supplies; (e) contribute to coordination and complementarity of energy resources by furthering development of means of transport; (f) advance integration of a Latin American energy market; (g) ensure adoption of protective measures for effective energy efficiency, rational use of energy and protection of the environment; (h) foster technical cooperation and the exchange and dissemination of scientific, legal and technological information.
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Meeting of Ministers (annual), comprises energy ministers or secretaries of state in charge of energy in member countries. Council of Experts meets 2 days before the Meeting of Ministers and makes recommendations primarily on technical and administrative matters. Strategy and Programming Committee, comprising experts of 7 countries, meets at least annually. Permanent Secretariat, headed by Executive Secretary.
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Subjects *Available with paid subscription only.
UN Sustainable Development Goals **
UIA Org ID
** UN SDGs are linked to the subject classification.
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