International Energy Agency (IEA)

The International Energy Agency (IEA) is an autonomous organisation within the OECD and is made up of 29 member countries. It is founded on the International Energy Programme, which was adopted by the OECD Council following the oil crisis of 1973, with the aim of quickly and effectively managing potential oil supply crises. As a founder member, Switzerland has committed itself under international law to stockpiling a volume of oil equivalent to at least 90 days’ current normal consumption, to having in place measures for crisis management in accordance with IEA regulations and to regularly preparing statistical data.

In 2009 the IEA was mandated by the energy ministers of the member countries to extend their activities to natural gas. Since then, the IEA has been supporting the efforts of its members to further develop emergency and crisis response measures for both oil and gas. To this end, the IEA conducts period country reviews to analyse and assess the supply situation, infrastructure and emergency measures of each individual member. In 2013, electricity was also included in the review catalogue.

The FONES participates in two working groups of the IEA: the Standing Group on Emergency Questions (SEQ), which deals with the management of international oil crises, and the Standing Group on the Oil Market (SOM), which prepares analyses of the global oil market.

Additional information

Last modification 02.11.2020

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