Fatih Birol: ‘We need to find four new Saudi Arabias’

by Alex Forbes

The latest World Energy Outlook (WEO) from the International Energy Agency is more pessimistic than ever about the world’s future oil supplies. ‘Even if demand between now and 2030 were to be completely flat, we would need to find four new Saudi Arabias in the next 22 years’, says Fatih Birol, the IEA’s chief economist and lead author of the influential report, in an interview with EER.