3 February 2014, Reuters
"Europe needs to pay more attention to the competitiveness agenda while keeping the climate agenda alive," Birol said.
30 January 2014, Bloomberg
The International Energy Agency's chief economist Fatih Birol says Europe faces at least another 20 years of high gas and electricity prices, and will lose a third of its global market share of energy-intensive exports, mainly to the U.S. with its newly abundant supplies of oil and gas.
30 January 2014, The Telegraph
"The UK has significant shale gas resources but people shouldn't expect a US scale energy revolution in the UK," Fatih Birol, chief economist and director of global energy economics at the International Energy Agency told The Telegraph in an interview on Thursday.
30 January 2014, Financial Times
Fatih Birol, the IEA's chief economist, said environmental policies alone had not pushed up energy costs but the price gap between the EU and the US was going to last much longer than some expected. “This is a new thing and it’s structural. It’s not a one-off,” he told the Financial Times.
26 January 2014, ECNS
The exploration of shale gas is a revolution, and is changing global energy picture, chief economist of the International Energy Agency Fatih Birol said in a recent interview.
23 January 2014, CNBC-TV18
With the global energy landscape changing, mainly due to US shale gas revolution and also Brazil turning into oil exporter there will be sea change in the trade of oil and gas which could have different impact on different countries world over feels Fatih Birol, Chief Economist, IEA.
22 January 2014, The Energy Collective
If Europe Had One Voice, Energy Prices Could be Reduced," Claims IEA's Fatih Birol
20 January 2014, Nikkei
Fatih Birol, chief economist of IEA, pointed out that Japanese industries, such as Iron and Steel and petrochemical, couldn’t keep competing internationally if much higher electricity prices should continue with zero nuclear power. He also showed his projection that Japan would need to pay an additional 1.3 trillion yen per year for import bills to compensate zero nuclear with increased fuel imports. There are expectations in Japan that shale gas from the U.S. might replace nuclear, but Dr. Birol warned not to expect too much even if it is realized, considering its associated costs such as transporting.
11 January 2014, The Economist
It is the growing cost of subsidies, rather than worries about climate change, that explains the renewed interest in cutting them, says Fatih Birol at the International Energy Agency (IEA). They have become unaffordable as global oil prices have more than doubled between 2009 and 2012. In Jordan, for instance, their cost increased more than tenfold in just two years. And in many other countries they now account for more than 5% of GDP.
31 December 2013, Edmonton Journal
Fatih Birol, IEA’s chief economist, says OPEC will have gained $1.2 trillion in oil exporting revenue in 2013, or about 50 per cent more than in 2007. In the same time span, the cartel’s production has increased by less than five per cent, or just 1.4 mmbpd since 2007.