China Daily quoted IEA Executive Director Maria van der Hoeven and cited IEA analysis in an article about changes to the country's energy mix, including a quadrupling of natural gas consumption by 2035. "The rapid development of unconventional natural gas will continue to benefit North America, which is looking for opportunities to export these resources in the form of liquefied natural gas," it quoted Ms. Van der Hoeven as saying, adding that China will be the largest potential buyer of that LNG. The report added that according to the IEA, China's coal use will peak in 2025, allowing India to replace the country as the top coal importer.
IEA Executive Director Maria van der Hoeven told Reuters that Iran would be hard-pressed to resume exports quickly at pre-sanctions levels even if there were an accord that allowed the country to export oil freely. "If some oil sanctions relief will happen ... it's unlikely that Iran would be able to jump back to pre-sanctions levels immediately", Reuters quoted Ms. Van der Hoeven as saying following the deal between Iran and six other countries that establishes limits on Iran's nuclear programme and lifts some sanctions.
Reuters reported on the IEA announcement that it had agreed with six emerging economies to pursue stronger co-operation. Calling the IEA the "West's energy watchdog", Reuters quoted IEA Executive Director Maria van der Hoeven as saying, "The changing energy economy requires extending our strengths beyond our membership." China, the world's top energy consumer, India, Russia, South Africa, Brazil and Indonesia signed the joint declaration, Reuters reported, which it called a non-legally binding agreement aimed at boosting ties on energy security, data sharing and energy market analysis.
In an interview with Reuters TV, IEA Executive Director Maria van der Hoeven called for significant investment in Middle East oil production. Given surging demand growth by Asian countries, now China but soon India and then Southeast Asia, tens of billions must be invested in oil fields in the Middle East to guarantee supply. "It is absolutely necessary given the maturity of some fields in the Middle East and given the enormous thirst for oil," she told "Reuters Insider".
The World Energy Outlook wasn't the only energy report issued on 12 November 2013: OPEC released its monthly assessment of oil markets, which increased the forecast for non-OPEC output. MarketWatch, a Wall Street Journal publication, noted that the "closely watched World Energy Outlook" for 2013 dismissed some market participants' speculation that the North American unconventional oil revolution could weaken OPEC's role in the long term.
"The dominance of Asia will be more and more visible," IEA Executive Director Maria van der Hoeven told The Associated Press on the event of the publication of the World Energy Outlook 2013. "Asia will be the clear center of the global energy trade."
Noting how the IEA works to track developments and improve energy security, National Geographic's Daily News hailed the arrival of World Energy Outlook 2013, which "with hundreds of pages of analysis and charts, is considered the industry bible". From the 2013 edition, it highlighted six key trends shaping the world outlook this year:
1. U.S. energy boom is unique, has risks.
2. Fossil fuels will still dominate the scene.
3. India will edge China as "engine" of energy demand.
4. Move over, automobiles. The age of trucks is here.
5. Renewable energy giant Brazil set to be major oil exporter.
6. Reliance on costly imports means long-term hurt for Europe.
The report concludes, "The IEA notes that these energy trends, along with political concerns about the potential loss of economic competitiveness, could well erode international efforts to tackle both trade barriers and climate change in the years ahead."