THE PUBLIC POLICY OF OIL FINANCE AND REVENUES MANAGEMENT

November 20, 2003
CSIS Conference Center B1
1800 K Street, N.W.

Agenda

9:00 a.m. Opening Remarks
Robert Ebel, Chairman, Energy, CSIS

9:15 a.m.- 10:30 a.m. Session 1 -- Oil Finance: An Overview

The History of Oil Finance and Securitization
Ira Eisenstein, Executive Director, Morgan Stanley Commodities

Insulating Producers from Oil Price Volatility
James Daniel, IMF

10:30 a.m.- 12:00 p.m. Session 2 -- User Perspectives

Mexico Oil-linked Financing
Mark Walker, Partner, Cleary, Gottlieb, Steen & Hamilton

Norway's Oil Fund
Willy Olsen, Senior Advisor, Statoil

Alaska Royalties
Robin West, CEO, PFC Energy

Pre-financing Oil Sales in Angola
John Hunt, President, Citizen’s Resources LLC

12:00 p.m.- 1:30 p.m. Lunch

1:30 p.m.- 2:30 p.m. Session 3 -- Finance and Managing Budgets

Peter Saba, General Counsel, Export-Import Bank of the United States

Mr. Rashad Kaldany, Director, Oil, Gas, Mining and Chemicals Department
World Bank Group (Chad - World Bank perspective)

2:30 p.m. - 4:30 p.m.

Closing Panel: Implications for Iraq

Ariel Cohen, Research Fellow, The Heritage Foundation
Walid Khadduri, Editor in Chief, Middle East Economic Survey
Gianni Picco, Chairman, GDP Associates