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The International Energy Forum (IEF) is the world’s largest recurring gathering of Energy Ministers. Unique in that participants include not only IEA and OPEC countries, but also Russia, and the emerging giants China and India. The IEF countries also account for more than 90% of global oil and gas supply and demand. Through the Forum and its associated events Ministers and Energy Industry Executives participate in a dialogue which is of increasing importance to global energy security.  The IEF and the global energy dialogue are promoted by a permanent Secretariat based in the Diplomatic Quarter of Riyadh, Saudi Arabia.

   
 
 

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2008

2009

OPEC

Estimates

IEA

Estimates

OPEC

Estimates

IEA

Estimates

Million Barrels per Day

Demand

85.8

85.8

85.7

86.3

Supply             

Crude and NGL      

Non-OPEC

49.6

49.6

50.2

50.1

Implied call on  Crude   

OPEC

31.6

31.2

30.3

30.6

NGL

OPEC

4.6

5.0

5.2

5.6

  IEF Oil Price Volatility Index
 
  IEF Oil Price Volatility Index
 
The Dialogue Today
 
 
 
 
 
 
           
Upcoming

IEF- Symposium in association with the Government of Qatar
The IEF will hold a Symposium on Tackling the Human Resource Crunch in the Petroleum Industry Under the Auspices of the Ministry of Energy and Industry of Qatar 13-14 April 2009, Doha, Qatar.