IEA Response System for Oil Supply Emergencies 2012
About this report
Emergency response to oil supply disruptions has remained a core mission of the International Energy Agency since its founding in 1974. This information pamphlet explains the decision-making process leading to an IEA collective action, the measures available – focusing on stockdraw – and finally, the historical background of major oil supply disruptions and the IEA response to them.
It also demonstrates the continuing need for emergency preparedness, including the growing importance of engaging key transition and emerging economies in dialogue about energy security.
It also demonstrates the continuing need for emergency preparedness, including the growing importance of engaging key transition and emerging economies in dialogue about energy security.