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        Oil security and emergency response

        Ensuring quick and effective response to major supply disruptions Ensuring energy security has been at the centre of the IEA’s mission since its creation in 1974, following the oil crisis in 1973. Today, the global oil market remains vulnerable to a wide range of risk factors, including natural disasters, major technical accidents, and geo-political tensions. As oil is expected to remain a major component of global energy demand for the coming decades, particularly for...

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        Saudi Arabia 2020 International collaborations - G20

        IEA Contribution to G20 Under the Saudi Presidency of the Group of Twenty (G20), the IEA played a crucial role in convening an Extraordinary G20 Energy Ministerial on 10 April 2020 in the context of the turmoil in global oil markets. The IEA Executive Director updated Energy Ministers of the G20 on the state of energy markets and energy security at their regular G20 Energy Ministers Meeting on 27 September 2020. Ahead of the Ministerial, the voice of global business, the Business20 (B20...

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        History of the IEA Mission

        From oil security to steering the world toward secure and sustainable energy transitions At the heart of the global dialogue on energy security and clean energy transitions, the International Energy Agency is the world’s leading energy authority. We provide reliable and comprehensive data, analysis, and policy recommendations with the goal of shaping a secure, sustainable and affordable energy future for all while meeting the climate change objectives of the 2015 Paris Agreement.The IEA...

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        OPEC International collaborations

        Organization for Petroleum Exporting Countries The Organization for Petroleum Exporting Countries (OPEC) is an intergovernmental organisation created in 1960 with the objective of co-ordinating and unifying petroleum policies among OPEC Member Countries, to guarantee market stability.Each year, the IEA, the International Energy Forum (IEF) and OPEC organize a Symposium on Energy Outlooks as part of a joint work programme. The symposium gathers senior analysts and delegates from oil comp...

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        Critical Minerals Security Programme

        …caused major consequences for critical minerals and manufacturing supply chains across the world, with some automotive production plants having to temporarily halt production. This served as a wake-up call for the world on critical minerals security. These developments underscore the urgent need to increase emergency preparedness to any future supply shocks.The IEA has been conducting regular tabletop exercises (TTX) with member governments, simulating realistic supply shocks for specific materials. The exercises aim to enhance emergency preparedness, also providing a platform to test emergency response measures and explore opportunities for international cooperation. The IEA has held two major TTXs…

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        Fossil energy Technology collaboration

        Focusing on technologies to reduce costs and enhance sustainability of fossil fuels, including CCUS, EOR and fluidized bed conversion technology

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        Strait of Hormuz Oil security and emergency response

        Factsheet Last updated: February 2026 Overview The Strait of Hormuz is a narrow sea passage, separating the Arabian Peninsula and Iran, and connecting the Persian Gulf with the Gulf of Oman and the Arabian Sea. At its narrowest point, the Strait is only 29 nautical miles wide (54 km) and it consists of 2-mile-wide navigable channels (3.7 km) for inbound and outbound shipping as well as a 2-mile-wide buffer zone. The Strait of Hormuz, through which an average of 20 million barrels per day (mb/d) ...

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        China 2016 International collaborations - G20

        IEA Contribution to G20 IEA Executive Director Fatih Birol is third from right in the back row. (Photo courtesy of the EU Commission, all rights reserved) The IEA has played a critical role in supporting the energy discussions under the China Presidency of the G20 in 2016. The IEA participated in, among other, the NEA IGU Natural Gas day on 29 June and G20 Ministerial on 30 June.The first IEA's report dedicated to energy efficiency in China was launched at the G20 Energy Efficiency Forum in Beij...

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        Joint Organisations Data Initiative International collaborations

        A reliable, freely accessible and global database of key oil and gas statistics The Joint Organisations Data Initiative (JODI) is a globally recognised collaborative effort delivering monthly standardised data on oil and gas production, consumption, stocks, and trade across major energy-producing and consuming countries. Supported by leading international organisations, JODI’s transparency initiative strengthens informed policy decisions, market monitoring, and energy security ...

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        Finance Industry Advisory Board Structure

        Enabling more structured dialogue with the energy finance community The Finance Industry Advisory Board (FIAB) was convened by the International Energy Agency to facilitate a structured dialogue with the energy finance community on a range of issues affecting energy investment, in particular as they relate to clean energy transitions.The FIAB brings together representatives of leading actors in the world of energy finance, including banks, asset managers and international financial institutions....

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