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The natural resources sector is responsible for all oil, gas and mining activities covering production, transportation and refining to distribution. In particular, the team has been expanding into new areas, including environment, health and safety, energy efficiency, climate change and increasingly into gas storage for energy security.
Russia and Turkmenistan hold the worlds estimated largest and third largest reserves of natural gas.
Draft Energy Sector Strategy
The Bank is currently in the process of revising its Energy Operations Policy and is consulting on a draft Energy Sector Strategy.
Energy Operations Policy (2006)
This document sets out the operational role of the Bank in this sector and establishes the overall framework for the Bank’s activities. This Policy replaced and updated the Natural Resources Operations Policy and the Energy Operations Policy approved by the Board of Directors in 1999 and 2000, respectively, combining the two spheres of activity into one comprehensive policy.
Energy Operations Policy (523KB - PDF)
Mining Operations Policy (2012)
This document sets out the operational role of the Bank in the mining sector and establishes the overall framework for the Bank’s activities. This policy was approved by the Board of Directors in 2012 following the public consultation.
Mining Operations Policy
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Director: Eric Rasmussen