The International Energy Agency , the adviser to 29 governments, got an offer to move to Budapest. The lease on its premises in Paris, home since 1974, is due to expire within two years. Hungary is willing to house the IEA for free, according to the official government gazette. The agency employs 240 people, including analysts who produce reports, compile statistics and make policy recommendations on energy issues. The lease on the IEA’s current secretariat expires in 2017, Greg Frost, a spokesman for the organization said by e-mail today. “The IEA and its 29 Members are therefore considering several options for our future accommodation,” he said, without mentioning Budapest. “Any decision on accommodation rests with the IEA Governing Board, and a decision is expected to be taken within the next year.” The IEA was formed in response to the 1970s oil crisis. Its members, including the U.S., Germany and […]

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