Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Saturday, June 25, 2011

Russia Invited to Join the IEA

Russia Invited to Join the IEA

Russia and other producer nations are invited into the International Energy Agency in response to high oil prices and uncertain global energy security.
The International Energy Agency (IEA) serves as a worldwide organization ensuring oil and energy security to its member nations.  The IEA was developed in response to the OPEC oil crisis in the 1970s, to help member nations coordinate energy supply in case such a major market fluctuation ever occurs again.  The organization is now looking to initiate Russia into its energy regime, setting aside the dissolved Cold War era issues that barred the nation from entering in the
Read more...
http://oilprice.com/Energy/Energy-General/Russia-Invited-to-Join-the-IEA.html

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