IEA hosts symposium with IEF and OPEC on gas and coal market outlooks

IEA IEF OPEC Symposium

More than 80 representatives from the energy industry, international institutions and academia gathered at the IEA headquarters in Paris today to discuss the outlook for natural gas and coal markets worldwide, including long-term decarbonisation strategies and the implications for energy security.

The 6th IEA-IEF-OPEC Symposium on Gas and Coal Market Outlooks – jointly organised by the IEA, the International Energy Forum (IEF) and Organization of the Petroleum Exporting Countries (OPEC) – is part of the ongoing cooperation between the three organisations. The Symposium on Gas and Coal Market Outlooks takes place every two years and is hosted by the IEA, based on a mandate from G20 leaders.

IEA Executive Director Fatih Birol provided opening remarks at today’s symposium, followed by remarks from IEF Secretary General Joseph McMonigle and Behrooz Baikalizadeh, the Head of OPEC’s Petroleum Studies Department.

Today’s event follows the IEA-IEF-OPEC Symposium on Energy Outlooks, which took place in Riyadh in February, and the Joint IEA-IEF-OPEC Workshop on the Interactions Between Physical and Financial Energy Markets, which took place in Vienna in April. The three events are elements of the trilateral cooperation between the organisations on different aspects of the energy sector.