Day 2 Emergency Response Policy - International Energy Agency

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Emergency Response Exercise (ERE) • Biannual exercises continued (ERE6 took place in Paris in November 2012) • Specific workshops for new or complex issues/policy • Rollout of EREs to key Non-Member Countries 12 © OECD/IEA 2013
Natural gas response policy Oil response measures not directly transferrable Gas stocks are an important buffer in a crisis • However… they are expensive, and not all countries have suitable geology Carefully crafted demand side policies essential Fuel switchability • Alternative sources, such as oil stocks • Emergency oil reserves could play a role 13 © OECD/IEA 2013
Page 1 and 2: IEA Emergency Response Policies and
Page 3 and 4: Impetus to Establish the IEA 1973/7
Page 5 and 6: Emergency Response Measures Stockdr
Page 7 and 8: Stockholding in IEA Regions 7 © OE
Page 9 and 10: IEA Emergency Response System 2002-
Page 11: What to Check during Emergency Resp
Page 15 and 16: Question What is the share of OECD
Page 17 and 18: Mtoe Emerging economies continue to
Page 19 and 20: Global Oil Production World Oil Sup
Page 21 and 22: mb/d Changing oil import needs are
Page 23 and 24: Concluding Remarks IEA emergency re

Day 2 Emergency Response Policy - International Energy Agency

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