- Established: in 1991 to promote cooperation between energy producers and consumers.
- Secretariat: Riyadh, Saudi Arabia.
- Objectives:
- Foster dialogue between energy producers and consumers.
- Improve global energy security and stability.
- Facilitate sustainable energy solutions and development.
- Membership:
- Over 70 countries, covering 90% of global energy production and consumption.
- There are 72 member countries of IEF including India.
- The International Energy Agency (IEA) and Organisation of the Petroleum Exporting Countries (OPEC) are non-voting members of the Executive Board.
- Significance: It serves as a neutral facilitator of informal, open, informed, and continuing global energy dialogue among its member countries.