International Energy Agency (IEA)

 IEA is a Paris-based autonomous intergovernmental organization established in the framework of the Organisation for Economic Co-operation and Development (OECD).

 Founded in 1974, the IEA was initially designed to help countries co-ordinate a collective response to major disruptions in the supply of oil.

 Only OECD member states can become members of the IEA.

 Except for Chile, Iceland, Israel, Mexico, Slovenia all OECD member states are members of the IEA.

 In 2014, Estonia joined the IEA and became its 29th member.

 China, India, Indonesia, Morocco, Singapore and Thailand are the associate members of IEA.
 The IEA examines the full spectrum of energy issues including oil, gas and coal supply and demand, renewable energy technologies, electricity markets, energy efficiency, access to energy, demand side management etc.

 The IEA acts as a policy adviser to its member states, but also works with non-member countries, especially China, India, and Russia.

 Its flagship releases areWorld Energy Outlook and KeyWorld Energy Statistics.

 IEA member countries are required to maintain total oil stock levels equivalent to at least 90 days of the previous year's net imports.