28 October 2013, Omanobserver
Growing economies need to sharpen their focus on renewable energy as an alternative source of energy, according to the International Energy Agency (IEA). Speaking to the Observer at the opening of the 60th Annual Singapore International Energy Week (SIEW), at the Sands Expo and Convention Centre at the Marina Bay Sands, IEA’s Chief Economist Dr Fatih Birol opined that the proliferation of renewable energy is transforming the way energy is harnessed, distributed and consumed. “We, at the IEA estimate that renewable energy is now the fastest growing sector of the global energy mix, accounting for around a fifth of all electricity produced worldwide and nations need to pay more attention to the renewable energy for their sustainable development.”
28 October 2013, Xinhuanet
Fatih Birol, chief economist of the inter-governmental International Energy Agency, said that people may be talking about Southeast Asia as the next emerging market for energy, just as people have been talking about China and India. The ten-member Association of Southeast Asian Nations (ASEAN) has a combined population of about 600 million. Put together, the three markets are really gradually "shifting the center of gravity of the global energy market" towards Asia, he said at the Singapore International Energy Week.
17 October 2013, Interfax
Fatih Birol told delegates at the World Energy Congress in Daegu on Thursday that, although gas was clearly a greener option than coal, current prices for gas in China and developing Asia relative to coal would see coal remain the predominant feedstock of choice for power generation.
16 October 2013, Time
The International Energy Agency (IEA) estimates that non-OPEC oil producers — led by the U.S., Canada and Kazakhstan, which has said it plans to raise oil production to over 2 million barrels a day by 2025 — will increase global supplies by a near record 1.7 million barrels a day to 56.4 million, reducing the amount of oil the world needs from OPEC.
13 October 2013, Financial Times
"Despite the shale revolution, the Middle East is and will remain the heart of global oil industry for some time to come," Fatih Birol, the IEA's chief economist said.
13 October 2013, DAWN
In the World Energy Outlook 2012, when Fatih Birol, declared that the energy world was undergoing a major transformation – he also presented a timeframe for it to be accomplished. Peaking in 2020, he then said, US crude production would overtake Saudi Arabia by 2017, adding that over the next few years, traditional gas producers too would lose their market influence.
13 October 2013, Saudi Gazette
The IEA says “With output of more than 10 million barrels per day for the last two quarters, its highest in decades, the nation [The US] is set to become the largest non-OPEC liquids producer by the second quarter of 2014, overtaking Russia. And that’s not even counting biofuels and refinery gains,” the IEA said.
3 October 2013, The Christian Science Monitor
Fatih Birol, the IEA's chief economist, addressed the consequences of North American shale at an international oil and gas conference this week in London. He said oil production from the United States in particular didn't mean much for OPEC, which meets about 30 percent of the world's appetite for oil. Policymakers in North America say more self-reliance is good insurance in a market vulnerable to overseas shocks. With demand centers shifting elsewhere, however, OPEC, and many of its Middle East members, is still a first-string player.
3 October 2013, Business Times Singapore
THE International Energy Agency yesterday urged countries in South-east Asia to take "serious action" to improve energy efficiency as the region's fast-growing energy use leads to a sharp rise in dependence on oil imports and a reduction in surplus natural gas and coal for export.
3 October 2013, Bangkok Post
Thailand has the highest risk among Asean countries for skyrocketing energy import bills unless concrete measures can be taken to address rising local consumption and depleting reserves, according to the International Energy Agency (IEA). Its Southeast Asia Energy Outlook report released Wednesday predicts Thailand's net oil and gas import bills will hit USD 100 billion in 2035, more than triple the USD 30 billion in 2011.