Third IEA-IEF-OPEC Symposium on Energy Outlooks

The IEA and OPEC regularly publish energy and oil outlooks covering the short-, medium- and long-term. In addition, on the occasion of the International Energy Forum, each organisation contributes by submitting a focused energy analysis to be presented to IEF Ministers. Short- to long-term energy outlooks are also published by other government, consultancy, banking and academic institutions.

The IEA, IEF and OPEC held the third Symposium on Energy Outlooks on January 22nd, 2013 at IEF Headquarters in Riyadh, Saudi Arabia. The Symposium offered a platform for sharing insights and exchanging views about energy market trends and short- medium- and long-term energy outlooks, including analysis of market behaviour and discussion of key drivers of the energy scene and associated uncertainties.

This event is part of a wider joint programme of work agreed by the three organisations and endorsed by energy ministers at the 12th International Energy Forum (Cancun, March 2010) as part of the Cancun Declaration

Session I: Key findings from the Second Symposium on Energy Outlooks, and Presentation of the Latest IEA and OPEC Projections
Session Chair: Adam Sieminski, Administrator, Energy Information Administration

• Aldo Flores-Quiroga, IEF
• Antoine Halff, IEA
• Christian Besson, IEA
• Hojatollah Ghanimi Fard, OPEC
• Oswaldo Tapia, OPEC

Session II: The Growing Importance of Inventories Outside OECD Countries and Implications for the Oil Market
Session Chair: David Knapp, Senior Editor, Energy Intelligence

• David Knapp, Energy Intelligence
• Joel Couse, Total
• Martin Tallett, EnSys Energy
• Ken Koyama, IEEJ
• Hari Dattatreya, VOPAK (Delivered in Absentia)
• Paul Horsnell (Oral Presentation)

Session III: Tight/Shale Oil Outlook
Session Chair: Thomas Ahlbrandt, Former World Energy Project Chief for the US Geological Survey (USGS)

• Thomas Ahlbrandt, Ahlbrandt Consulting
• David Hobbs, KAPSARC (Oral Presentation)
• Michael Warren, Hart Energy
• Paul Stevens, Chatham House
• Barbara Shook, Energy Intelligence Group