New analysis from Washington consulting firm BGR Group addresses growing concerns over global energy security
Australia is the world’s No. 4 lowest-risk gas exporter, according to the 2023 BGR Energy Security Index, a data-based ranking of countries created by BGR Group, a top-performing lobbying and communications firm in Washington D.C.
The Energy Security Index is one of several Indexes launched by BGR Analytics, a new BGR practice area that uses data-based research and proprietary methodologies to create riskassessment tools for clients facing global political and economic decisions.
The BGR Energy Security Index helps clients understand the risk associated with potential energy sources. The index ranks energy-exporting countries based on data in 24 categories, including logistics performance, anti-corruption efforts, rule of law, proven reserves and measurements of capacity, security and stability. The countries are weighted according to their share of world energy export value to produce the overall ranking. Topline results show:
Australia, with 8% of the world’s gas exports, scored highly in the BGR Energy Security Index in categories related to anti-corruption and transparency, human rights, rule of law and significance as a gas exporter.
The BGR Energy Security Index ranks 69 oil-exporting countries and 49 gas-exporting countries and uses data from multiple sources, including the United Nations, the World Bank, the International Energy Agency, Transparency International, Freedom House and the U.S. Treasury.
In addition to data from traditional categories, BGR Analytics Indexes incorporate online news and social media data – a key differentiator from other indexes. Online reputation and social media conversations are vital parts of risk analysis and advocacy strategy.
“BGR Analytics represents a ‘Moneyball’ approach to helping clients assess risk when considering major capital outlays and to help countries learn where they stand in Washington and the U.S.,” said BGR Public Relations Principal Frank Ahrens, of BGR’s Data Science team. “Data often challenge long-held beliefs, gut instinct and anecdotal evidence, and that’s the case with BGR Analytics products.”
“Moneyball,” a 2003 book by Michael Lewis about the Oakland Athletics’ use of advanced data analytics to assess baseball player performance, has become a term of art to describe rigorous analysis of data to gain insight and create a competitive edge.