The Fourth International Energy Conference, at which the European Commission was represented by Mr. Christos Papoutsis, Commissioner responsible for Energy, took place in Puerto Cruz, Venezuela, on 25-27 September 1995. The main issues to be addressed by the conference included: - The long term development of supply and demand; - The role of technology; - The environmental dimension; - The role of industry; - Financial requirements. This Fourth International Energy Conference, held under the joint patronage of the European Commission and the Russian Federation, was attended by Energy Ministers from 35 countries. It follows the three preceding conferences which were held, after the Gulf War, in July 1991 in Paris, in July 1992 in Bergen, Norway and in September 1994 in Cartagena, Spain. These Ministerial conferences are essentially political and their main objective remains the maintenance of a common understanding on issues related to energy, economy and the environment in a global context, with a view to avoiding confrontation and instability. These conferences, initiated as a result of the Gulf War, are aimed at facilitating the regular exchange of views, at a Ministerial level, on the principal questions concerning the search for greater stability and transparency of the international energy market. Particular emphasis was placed on the importance of improved consumer/producer dialogue. This is in line with the Commission's Green Paper "For a European Union Energy Policy" which underlines the importance of the producer/consumer dialogue at ministerial level in order to strengthen mutual understanding.