The IEA has no near-term plans to push its members to set up emergency gas reserves

The International Energy Agency (IEA) requires member states to establish emergency reserves of crude oil but has no immediate plans to do the same for natural gas. It has encouraged members to bolster security in the gas sector in light of rising tensions in the Middle East but is not looking to set up gas reserves, said Keisuke Sadamori, the organization’s head of energy markets and security.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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