Press Quotes

13 February 2008, Houston Chronicle
Speaking at an annual energy conference, IEA Executive Director Nobuo Tanaka emphasised the “urgent need” to strengthen spending on (oil and gas) exploration and production. “Surging prices, diminishing recoveries and, in some cases, poor data on remaining reserves are fuelling concerns among some about the availability of the hydrocarbons reserves base”, Mr. Tanaka said.

29 January 2008, Dow Jones
Running a story about energy efficiency, the newswire is quoting IEA Analyst Paul Waide as saying that “governments have ramped up ambitions on [energy efficiency] in a very short time, but it's being done from a relatively low base so there are a lot of capacity issues that need to be addressed to deliver this”. According to the IEA, if energy-efficiency policies under current consideration were fully implemented, global energy demand would be reduced by 11% in 2030.

23 January 2008, Financial Times
China is shaking up the world. In this article, FT Chief Economics Commentator Martin Wolf draws upon the analysis of the World Energy Outlook. For example, he notes that "if CO2 emissions per head from China and India reached US levels, world emissions would be three times higher than today". Read more

22 January 2008, Reuters
Fatih Birol, IEA Chief Economist, underscored the importance of developing Turkmen gas reserves but warned “if they have investment, they shouldn’t change the conditions or allow for double standards”.

04 January 2008, Financial Times
Underscoring that high oil prices must spur greater fuel efficiency, IEA Oil Analyst David Martin said “governments have talked about energy efficiency a lot but not much has happened. USD 100 oil is a clear signal that the market is tight and either we have to get more production or consumers will have to use less.”

03 January 2008, Wall Street Journal
Reacting to oil prices hitting USD100 per barrel, IEA Oil Industry and Markets division head Lawrence Eagles said, “There’s been a general rise in geopolitical issues. We’re still seeing what appears to be a generally tightening trend within OECD consumer stocks. It’s leaving the market feeling quite tight. Added to that, we typically have fund positioning at the beginning of any new year. All those factors combined tend to create a volatile atmosphere.”

29 December 2007, Financial Times
The World Energy Outlook made the front page of the Financial Times three times in 2007. The latest front page article appeared on 29 December, referring to our analysis showing that the increase in the cost of oil bought by non-oil-producing African countries since 2004 was more than the sum of debt relief and aid received over the same period. Coverage continued inside the newspaper, here

01 December 2007, iht.com
If China imposed western-level efficiency standards for those air conditioners and refrigerators, "China would save electricity on a yearly basis from 2015 which is equivalent to building the Three Gorges dam," said Dr Fatih Birol in Bali at the UN global warming summit.

29 November 2007, Rome
On the occasion of the World Energy Outlook launch in Rome, the Minister for Economic Development, Pier Luigi Bersani said that this edition of the World Energy Outlook has many merits and its analysis is crucial for policy makers, and that the WEO clearly shows the energy and environmental challenges we need to tackle globally.

21 November 2007, Die Press.com
Die Rekordpreise für Erdöl und neuen Höchststände des Euro gegenüber dem Dollar werden sich heuer noch nicht negativ auf die österreichische und europäische Wirtschaft auswirken. "Für 2007 sehe ich noch keine negativen Auswirkungen", sagte Wirtschaftsminister Bartenstein am Mittwoch in einer Pressekonferenz mit dem Chefvolkswirt der Internationalen Energieagentur (IEA), Fatih Birol.