OB 03_04.2017
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OPEC bulletin 3–4/17

S y m p o s i u m

World Bank, the International Monetary Fund, the G20

and, of course, with the IEF, the IEA and international oil


He said that in a new era of collaboration and dia-

logue, it was essential for key stakeholders in the industry

to work together towards the mutually beneficial goal of

ensuring stability in the world energymarkets, in the inter-

est of producers, consumers and the global oil industry.

Enhance comparability of outlooks

In their Symposium, the IEA, IEF and OPEC agreed to

maintain their efforts to enhance the comparability of

energy outlooks in response to requests for more aligned

baseline data on supply and demand where possible and

to continue to facilitate wider understanding of the vari-

ations in outlook assessments.

Industry and government representatives welcomed

the comparative analysis of the IEA and OPEC out-

looks provided in the IEF-Resources for the Future (RFF)

Introductory Paper to improve dialogue and engagement

with all energy sector stakeholders.

Sun moderated discussions in the first session with

a focus on the latest OPEC and IEA energy outlooks and

a comparative analysis of short-, medium-, and long-

term energy outlooks released by the two organizations

“... global energy security depends more than ever

on enhancing commitment, reliability and trust.

This can only be achieved by a vibrant energy

dialogue on a global level.”

— Sun

Mohammad Sanusi Barkindo (l), OPEC Secretary General (l), and Dr Sun Xiansheng (r), IEF Secretary General, present a certificate of appreciation to Khalid

Al-Falih (c), Saudi Arabia’s Minister of Energy, Industry & Mineral Resources, for participating in the Symposium.