The International Energy Outlook 2005 (IEO2005) Arabic version

Book release by the Gulf Research Center (GRC) Grand Hyatt Hotel, Dubai November 13, 2005

 Introduction:

Realizing the importance of energy production, consumption, and trade in the Gulf and the significant role of the policies that govern them, the Gulf Research Center established the Gulf Energy Program (GEP) in March, 2005.

In recognition of the necessity of disseminating information on the international energy markets to the Arab world and the importance of cooperation between oil-producing and oil consuming countries in data and information exchange, the Gulf Research Center (GRC), with the assistance of the Energy Information Administration (EIA), at the U.S. Department of Energy (DoE), will release the Arabic version of the US Energy Information Administration"s (EIA) flagship publication, the International Energy Outlook 2005 (IEO2005) on November 13, 2005.

By translating the International Energy Outlook into Arabic for the first time in this region, GRC aims to make an important contribution to the understanding of the world trends in energy demand and the major macroeconomic assumptions to the Arab world.

The key speakers at this book release are the Honourable Samuel Bodman, US Secretary of Energy, the Honourable Guy F. Caruso, Administrator, EIA, Mr. Aloulou Fawzi, an energy economist at the International, Economic, and Greenhouse Gases Division of the Office of Integrated Analysis and Forecasting (OIAF) at EIA and also Dr A. F. Alhajji, George Patton Chair of Business and Economics, College of Business Administration, Ohio Northern University and Gulf Energy Program Moderator at GRC.

The IEO 2005 covers international energy projections through 2025, prepared by the EIA, including outlooks for major energy fuels and associated carbon dioxide emissions. It also aims at helping energy managers and analysts, both in government and in the private sector, by providing them state-of-the-art projections and the most recent available data. Journalists and media outlets can get a better understanding of energy trends and the factors that impact energy markets.

Through the Arabic version of the IEO 2005, the Arab world can also gain access to information on regional projections of end-use energy consumption in the residential, commercial, industrial, and transportation sectors and the projections for world electricity markets.