DUBAI: The International Energy Agency (IEA) said on Thursday that India, the world’s third-largest energy consumer, has joined its family, expanding its partnership for a more secure and sustainable energy future.
As India moves to the centre of global energy affairs, the new institutional ties with the IEA mark a critical addition to the IEA’s global outreach, the agency said in a statement. “We can’t talk about the future of the global energy markets without talking with India,” stated Dr Fatih Birol, executive Director at the IEA.
“This is a major milestone in the development of global energy governance, and another major step toward the IEA becoming a truly global energy organisation, strengthening ties with the key energy players that make up the IEA family,” Birol added.
India is one of the bright spots of the global economy and is emerging as a major driving force in global energy trends, the agency said.
With India, the IEA’s growing family now accounts for about 70 per cent of the world’s total energy consumption. The other IEA Association countries are China, Indonesia, Thailand, Singapore and Morocco.
