From Reuters:
China will host a summit of top U.S. and Asian energy officials next month, government officials said on Tuesday, as Beijing seeks a greater say in coordinating global consumer-nation policy to help rein in oil prices.
Government officials from China, India, Japan, South Korea and the United States will attend the October 23-26 meeting in Beijing, a rare high-level gathering in a country that until now has played a smaller part in international energy affairs.
“The purpose of the meeting is to discuss ways to stabilize the energy price among high energy consuming countries,” said Toh Kyung-hwan, policy director at the Ministry of Commerce, Industry and Energy in Seoul. [Full Text]
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