SIG MEETING SUMMARY OF CONCLUSIONS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP84B00049R000400840005-6
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 5
• Document Creation Date: December 20, 2016
• Document Release Date: November 2, 2006
• Sequence Number: 5
• Publication Date: October 14, 1981
• Content Type: MEMO

TO
October 14, 1981
SECRET
DEPARTMENT OF STATE -r'2 e
s ~ Y X7/,3
OVP - Mrs. Nancy Bearg Dyke
NSC - Mr. Allen Lenz
DOE - Mr. Peter Borre
DOC ?- Ms. Jean Jones
DOD - Mr. Jay Rixse
JCS - LTC Edward Bucknell
USTR - Mr. Richard Heimlich
Treasury - Mr. David Pickford
CIA
SUBJECT: SIG Meeting Summary of Conclusions
Attached is the Summary of Conclusions for the SIG meeting
on East-West Economic Relations held October 9, 1981.
L. Paul Bremer; III
Executive Secretary
Attachments:
1. Summary of Conclusions
2. Attendance List
SECRET .
GDS 10/14/87
State Dept. review completed
Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
 Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
October 14, 1981
SECRET
iSenior Interdepartmental Group No. 11
PARTICIPANTS: See Attached Sheet
DATE AND TIME: October 9, 1981, 11:10 a.m.
PLACE: Department of State, Room 7219
SUBJECT: Yamal Pipeline Energy Alternatives
SUMMARY OF CONCLUSIONS
The SIG on East-West Economic Relations met on October 9,'
Under Secretary Rashish chairing.
Discussion centered on the Department of Energy paper
describing elements of a U.S. alternative energy package to the
Yamal project. The meeting concurred that the energy proposals
alone-would not be seen as persuasive in Europe. Moreover, no
U.S. energy proposal adequately addressed the 'hidden agenda' of
the project, which was the maintenance of West European employ-
ment levels in stagnant sectors including steel.
It was agreed that the Yamal project was open to question
on the financial side, particularly in a softening oil market or
if energy conservation in Europe contributed to declining demand
through the decade. The project is judged marginal already by
some participants. However, the meeting agreed that short-term
efforts to decrease the financial attractiveness of the pipe-
line--for example, faster development of Norwegian gas potential
or LNG sources outside the continent--would not produce useful
effects in time or were themselves unattractive financially. A
longer-term effort to raise questions about the financial feasi-
bility of the pipeline, particularly its second phase if the
first cannot be prevented, was preferred.
Defense introduced the notion of unilateral measures. The
y Chairman noted that the handling of the issue of unilateral
-action depends on a decision now before the Presiderr and re-
quires quires further study. _=-
SECRET
GDS 10/14/87
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 Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
SECRET
2 -
ACTION ASSIGNMENTS
rr
agencies, a strategy paper outlining U.S. policy objectives,
.European choices still open for decision, U.S. means of influ-
encing European policies, and credible U.S. proposals, by COB
Thursday, October 15.
SECRET
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 Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
ATTENDANCE
East-West Economic Relations SIG
Friday, October 9, 11:10 a.m.
Department of State, Room 7219
State Defense
Myer Rashish, Chairman Steve Bryen
Robert Hormats, EB Don Goldstein
Sandra Vogelgesang, EUR
Paul Wolfowitz, S/P
Tain Tompkins, Notetaker JCS
OVP
LTG Paul Gorman
Douglas Englund
USTR
NSC Jim Murphy
Norman Bailey
Treasury
DOE Charles Schotta
Stephen Canner
Kenneth Dorn
Henry Thomas
Peter Borre
Commerce
Lionel Olmer
Bo Denysyk
Approved For Release 2007/03/09 : CIA-RDP84B00049R000400840005-6
 EXECUTIVE SECRETARIAT
Routing Slip
ACTION
INFO
DATE
INITIAL
1
DCI
2
DDC
3
D/ICS
4
DD/NFA
5
DD/A
6
DD/O
7
DD/S&T
8
GC
9
LC
10
IG
11
Compt
12
D/PA
13
D/EEO
14
D/Pers
15
D/ExStt
16
A0/DCI
17
18
19
20
1
22
Executive Secretary