Dr. Fereidun Fesharaki is the Founder and Chairman of FGE. FGE is a leading consulting group focusing on the oil and gas markets East of the Suez, Europe, and the United States, with offices in London, Singapore, Tokyo, Dubai, Honolulu, Los Angeles, Beijing, and Houston. FGE was incorporated as Fesharaki Associates Consulting & Technical Services (FACTS), Inc. in 1984 by Dr. Fesharaki. His work is well-recognized worldwide for pioneering oil and gas market analysis and studies of the Asia Pacific/Middle East energy markets since the early 1980s.
Dr. Fesharaki received his Ph.D. in Economics from the University of Surrey in England. He then completed a Visiting Fellowship at Harvard University’s Center for Middle Eastern Studies. He joined East-West Center in 1979 and led the energy program for some two decades. In addition, Dr. Fesharaki is the author of more than 500 papers and has authored or edited over thirty books and monographs.
In 1989, Dr. Fesharaki was elected a member of the Council on Foreign Relations in New York. Since 1991, he has been a member of the International Advisory Board of JX Holdings (and its predecessor companies)—Japan’s largest oil company. Dr. Fesharaki was the 1993 President of the International Association for Energy Economics (IAEE), the key professional organization representing over 3,900 energy economists in more than 85 countries.
In 1995, Dr. Fesharaki was elected a Senior Fellow of the US Association for Energy Economics for distinguished services in the field of energy economics. In 2002, he was appointed a Senior Associate of the Center for Strategic and International Studies (CSIS) in Washington, D.C. In 2008, Dr. Fesharaki was appointed to the National Petroleum Council by then US Secretary of Energy and was re-appointed by Secretary Rick Perry in June 2018. He received the Outstanding Contributions to the IAEE Award in 2012. Dr. Fesharaki was a member of the Advisory Board of VOPAK LNG from 2013 to 2015. In 2014, he was appointed as Honorary Advisor by CNPC Research Institute of Economics and Technologies in Beijing. Dr. Fesharaki is the recipient of the 2016 Adelman-Frankel Award from the US Association for Energy Economics (USAEE) for his unique and innovative contribution to the field of energy economics. In March 2017, Chicago Mercantile Exchange (CME) appointed him as a Director of the Dubai Mercantile Exchange Limited (DME). Since 2009, he has been a member of the DME Board of Directors.