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10th Anniversary Session of the IEA-IEF-OPEC Symposium on Energy Outlooks

19 February 2020

Riyadh, Saudi Arabia

The Tenth Anniversary IEA-IEF-OPEC Symposium on Energy Outlooks took place on 19 February 2019 at the IEF Headquarters in Riyadh in collaboration with the International Energy Agency (IEA), and the Organization of the Petroleum Exporting Countries (OPEC). Senior government and industry representatives from producing and consuming countries met alongside heads of international organisations, distinguished policy makers, and energy analysts, and economists to discuss energy outlooks and enhance dialogue on global energy security, energy market transparency, and orderly energy transitions.

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HRH Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, Saudi Arabia made introductory remarks on behalf of the host country Saudi Arabia, alongside HE Dr Sun Xiansheng, Secretary General of the IEF; Dr Ayed Al Qahtani, Director, Research Division, OPEC; and Mr Keisuke Sadamori, Director, Energy Markets and Security Directorate, IEA. Mr Tommy Joyce, Deputy Assistant Secretary, Global Energy Security and Multilateral Engagement, from the US Department of Energy, was also invited to provide opening remarks as a special guest.

More than 150 senior government and industry representatives from energy producing and consuming countries contributed to the discussions on the neutral platform the IEF provides. On behalf of the three organisations, and in accordance with the recommendations of IEF and G20 Ministers, the Symposium welcomed Mr Francesco La Camera, Director-General of the International Renewable Energy Agency (IRENA), and the Gas Exporting Countries Forum (GECF), represented by Mr Dmitry Sokolov, Head, Energy Economics and Forecasting.

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HE Dr Sun Xiansheng, Secretary General of the IEF; Dr Kamel Ben Naceur, Chief Executive Officer, Nomadia and former Energy Minister of Tunisia; and Mr Mark Finley, Senior Fellow in Energy and Global Oil, Baker Institute, moderated Symposium Sessions that were governed by the Chatham House Rule. Introductory keynote presentations were provided by Mr Francisco La Camera and Dmitry Sokolov on behalf of IRENA and the GECF. The three sessions discussed:

  1. Key Findings from the Comparative Analysis on Energy Outlooks, and presentation of the latest IEA and OPEC projections,
  2. Key Stakeholder and Industry views on Short-, Medium-, and Long-term Energy Outlooks, and
  3. Policy and Technology Evolutions in the Road Transport sector: What are the Impacts on Energy Demand and Investment?

Welcome by the hosts

Opening Remarks

  • Ayed Al Qahtani, Director, Research Division, OPEC
  • Keisuke Sadamori, Director, Energy Markets and Security, IEA
  • Tommy Joyce, Deputy Assistant Secretary, Department of Energy, United States

Session I: Key findings from the Comparative Analysis on Energy Outlooks, and presentations of the latest IEA and OPEC projections

Moderated by HE Dr Sun Xiansheng, Secretary General, IEF

Session II: Key Stakeholder and Industry Views on Short-, Medium-, and Long-Term Energy Outlooks

Moderated by Kamel Ben Naceur, Chief Executive Officer, Nomadia, Former Minister of Energy, Tunisia

Introductory Keynote by Dmitry Sokolov, Head, Energy Economics and Forecasting Department, GECF

Session III: Policy and Technology Evolutions in the Road Transport sector: What are the Impacts on Energy Demand and Investment?

Moderated by Mark Finley, Senior Fellow in Energy and Global Oil, Baker Institute

Introductory Keynote by Francesco La Camera, Director-General, IRENA

Previous IEA-IEF-OPEC Symposia