Speaker: Dr. Fatih Birol, Chief Economist and Director,
Office of Chief Economist, International Energy Agency
Date: Tuesday, 21 June 2011
Time: 3:00pm to 4:30pm
Venue: Asia-Pacific Economics Cooperation (APEC)
Conference Room
35 Heng Mui Keng Terrace
Singapore 119616
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About the Roundtable
The future for natural gas is bright. Demand has experienced a strong post-crisis recovery, while the North American shale gas boom and expansion of LNG trade have made ample supplies available in the near-term and bolstered future gas supply prospects.With mounting concerns over energy security and global climate change, and renewed debate surrounding the future role of nuclear power, these developments merit a deeper investigation of the prospects for, and the implications of, a golden age of natural gas.
This special report in the World Energy Outlook 2011 series examines the key factors that could secure for natural gas a more prominent role in the global energy mix, and the implications for other fuels and climate change. It features a high-gas scenario, examining how natural gas sup-ply and demand could respond to new impetus stemming from both market forces and govern-ment policies.
With benchmark data and projections at a regional and global level, the report provides insights into the:
- extent of the prospective growth in gas supply and demand;
- impact of increased natural gas use on demand for all competing energy sources;
- role natural gas could play in facilitating a low-carbon energy economy and in improving local air quality;
- way gas prices are evolving in different regional markets;
- geographic spread of gas resources;
- likely duration of the current gas glut; and
- implications for global gas trade and for gas-exporting countries.
For more information please see www.worldenergyoutlook.org
About the speaker
Dr. Fatih Birol is the Chief Economist of the International Energy Agency, with overall responsibility for the organisation’s economic analysis of energy and climate change policy. He oversees the annual World Energy Outlook which is the flagship publication of the IEA and is recognised as the most authoritative source for energy analysis and projections. He is also responsible for the IEA Energy Business Council which provides policymakers with a business perspective on energy market issues. He is a frequent contributor to media and delivers numerous speeches each year at major international summits and conferences.
Throughout his career, Dr. Birol has been decorated with numerous awards in recognition of his contribution to the energy debate. He has been named by Forbes Magazine as the world’s fourth most powerful person in terms of influence on the world’s energy scene and in 2010 was appointed as the Chairman of the World Economic Forum’s Energy Advisory Board. In 2009, alongside awards from the Dutch Ministry of Economic Affairs and the Polish Ministry of Economy, Dr. Birol was honoured with the Federal Cross of Merit of the Federal Republic of Germany. He was awarded the Golden Honour Medal of the Austrian Republic in 2007 and was made a Chevalier dans l’ordre des Palmes Academique by the French Government in 2006. He received the annual award of the International Association of Energy Economics for ‘Outstanding Contribution to the Profession’ in 2005. These followed awards from the U.S. Department of Energy in 2004 and the Russian Academy of Sciences in 2002.
Prior to joining the IEA in 1995, Dr. Birol worked for six years at the Organisation of the Petroleum Exporting Countries (OPEC) in Vienna.
A Turkish citizen, Dr. Birol was born in Ankara in 1958. He earned a BSc degree in power engineering from the Technical University of Istanbul. He received his MSc and PhD in energy economics from the Technical University of Vienna.
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