Fatih Birol, new head of
the International Energy Agency
Reuters, 28/08 15:14 CET
PARIS/BRUSSELS (Reuters) – The new head of
the International Energy Agency faces dilemmas that challenge the
purpose of the body set up to protect the interests of the West against
the power of OPEC in the 1970s.
Fatih Birol of Turkey — the IEA’s respected chief
economist — takes over on Tuesday, replacing Dutch politician Maria van
der Hoeven, a former economy minister whose four-year term has expired.
“There is a lot of expectation on Birol — not just
external performance, but crucially internal upgrade and institutional
strategy,” said one official on condition of anonymity.
Although speaking for big oil-consuming countries, the IEA finds member the United States once again a leading producer and replacing OPEC as a dominant force on world markets.
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Source: Euronews
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