10 April 2014, Platts
Despite the expected growth of US LNG exports, Europe has "no hope" of seeing gas prices near US levels due to transportation costs, Fatih Birol, the International Energy Agency's chief economist said Thursday.
13 March 2014, Business Week
Subsidies mess with the law of supply and demand, discouraging investment in both alternative energy and fossil fuel exploration. “It’s a failed policy,” says Fatih Birol, chief economist for the International Energy Agency (IEA), “but we see that many countries continue to follow it.”
26 February 2014, Downstream Today
The U.S. shale revolution has helped reshape the global energy market, but Middle Eastern oil will remain vital for meeting future Asian energy demand, Fatih Birol, chief economist for the International Energy Agency (IEA), told attendees Feb. 21 at an event at Rice University in Houston.
13 February 2014, Mother Jones
Europe's hydrocarbons production is in decline," noted Fatih Birol, the chief economist at the International Energy Agency, but "there may be some opportunities…to slow down and perhaps reverse some of these trends"—notably by imitating the "revolution in hydrocarbon production" now under way in the United States.
12 February 2014, The Jordan Times
The IEA’s chief economist told Reuters on the sidelines of the World Economic Forum in Davos that Europe’s high gas prices risk driving away a big share of its energy-intensive industries such as cement and steel unless countries boost shale gas output and trim green subsidies. “These industries are critical for the European economy as they employ over 30 million people and it could have a major knock-on effect on the European Union economy,” the IEA’s Fatih Birol said.
10 February 2014, The Telegraph
Only last week Fatih Birol, the top forecaster at the International Energy Agency, told the Daily Telegraph that shale won't deliver the cheap energy utopia for Britain that some members of government have promised. Mr Birol instead argues that nuclear could provide a better long term option for the UK than fracking.
4 February 2014, The Chronicle Herald
Fatih Birol of the International Energy Agency likened the energy sector to a long-running Broadway play where suddenly “the roles and scripts of the energy actors are being extensively rewritten.”
3 February 2014, The Telegraph
I spoke to Fatih Birol, chief economist at the International Energy Authority (IEA), who is often described as the world’s leading forecaster in this field. He has been telling anyone in Europe willing to listen that the continent faces a major crisis of competitiveness because of high energy prices. “This year is critical,” he told me. “I don’t see many such junctures in the economic history of Europe in which energy could play such a critical role for the long-term prosperity of the European people.”
3 February 2014, Wall Street Journal
"Natural gas prices in Europe are three times more expensive than in the U.S., and in Japan five times more expensive. Such differences will narrow, but will remain important until 2035. The same goes for electricity prices" Birol said at a conference on energy and competitiveness organized by IE Business School in Madrid.
3 February 2014, Reuters
"Europe needs to pay more attention to the competitiveness agenda while keeping the climate agenda alive," Birol said.