International Energy Agency

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The International Energy Agency (IEA, or AIE in Romance languages) is a Paris-based governmental organisation founded by the Organisation for Economic Co-operation and Development (OECD) in 1974 in the wake of the oil crisis. The IEA is dedicated to preventing disruptions in the supply of oil, as well as acting as an information source on statistics about the international oil market and other energy sectors. They have a secondary role in promoting and developing alternate energy sources, rational energy policies, and multinational energy technology co-operation. The one sector it does not study in detail, except as a contribution to the overall energy balance and economy, is nuclear fission which is covered by the International Atomic Energy Agency. IEA hold a combined stockpile of 4 billion barrels, 1.4 billion of which governments control for emergency use. Much of the oil is held in the form of petrol products which need no further processing.

Intervention history

  • In 1991 Gulf War.
  • In 2005 IEA released two million barrels a day for a next month after Hurricane Katrina affected USA production.

Member States

  1. Australia
  2. Austria
  3. Belgium
  4. Canada
  5. Czech Republic
  6. Denmark
  7. Finland
  8. France
  9. Germany
  10. Greece
  11. Hungary
  12. Ireland
  13. Italy
  14. Japan
  15. Korea
  16. Luxembourg
  17. The Netherlands
  18. New Zealand
  19. Norway
  20. Portugal
  21. Spain
  22. Sweden
  23. Switzerland
  24. Turkey
  25. United Kingdom
  26. United States

External links

de:International Energy Agency fr:Agence internationale de l'énergie zh:國際能源署

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