$100 million during 1985-1989 would represent a l0 per cent partlclpation in lotalproject expenditurea of about $1.0 billlon, or $200 nillion per year. 46, It had become abundantly clear during the Synposiun that additlonal financial and complemenlafy resources would be reouired for the petroleum explora!ion andA/40/637 lng li sh Paoe lI devefopnent task in the develoPir4 eorld. It t|as felt that there uas a need to strengthen multllateral proqrarutres of flnanciaL and technical asaiatance, and, in this regard, participants at the synposlun had been encourageal by the progranrnes of the aorld Bank, lncludinq the ne$ fFC initiatiee' Hoeever, they were disappoinled with lhe failure to establish an 'enerqy affiliate" of the Bank. 47. Synposiun particlPants also noted !,lth aatiefactlon the groeth and siqniticance of various bilateral programmes of financial and technical asslstance in lhis field fron Canada, Japan, Norray, the Soviet Union and the European Bconomic community, and called for tbeir lncrease and strengthening etrile hoping that ocher countries would joln in th15 etfort. 48. A country paper by Canada presented the experience of the Petro-Canada International Assistance CorPoration (PCIAC), which eas established as a fully ooned subsidiary of Petro-canada, the national oil conpany, in 1982, $ith tbe princ j.pal objectise of reducing th€ burden of enelgy-def ic ient developing countries by helpinq then in exploration and developnent of lndigenouB resources, using. r'hen possible, Canadian goods, tecbnology and services. Since 1982, PCIAC has mounted grant-aid projects in Barbadoa' Burna, the Ganbia, Ghana, Guinea, Haiti, Janaica' Kenya, uorocco, Pakistan, the PhiliPpines, Seneqal' Thatland, the Uniced Republic of Tanzania and the $indeard Islands rith expenditures anounting to Sl24 nillion Canadian dolLars, PCIAC's budget for 1985 eas $Can 60 million, representing about 3 per cent of Canadars official developnent asglstance. 49. Japanrs assistance in oil and gaa e:.Ploration and developnent in the developing countries uas channelleal malnly through the Japan Natlonal Oil
**Analysis**
The text appears to be discussing the financial and technical assistance provided by various countries and international organizations to developing countries in the field of petroleum exploration and development. The text highlights the importance of strengthening multilateral programs and increasing bilateral assistance in this area. The mention of a country paper by Canada and its experience with the Petro-Canada International Assistance Corporation (PCIAC) suggests a focus on international cooperation and development.

**Category**
Economic development, Natural resources and environment