Agreement on an International Energy Program
E543507
founding treaty of the International Energy Agency
international treaty
multilateral energy agreement
The Agreement on an International Energy Program is the 1974 treaty that created the International Energy Agency and established coordinated measures among industrialized countries to enhance collective energy security, including emergency oil-sharing and demand restraint mechanisms.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Agreement on an International Energy Program canonical | 2 |
| Title IX – International Energy Programs | 1 |
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf |
founding treaty of the International Energy Agency
ⓘ
international treaty ⓘ multilateral energy agreement ⓘ |
| aimedAt |
coordinating responses to oil supply disruptions
ⓘ
enhancing collective energy security ⓘ |
| alsoKnownAs | IEP Agreement NERFINISHED ⓘ |
| concludedInContextOf | 1973–1974 oil crisis ⓘ |
| created | International Energy Agency NERFINISHED ⓘ |
| createdBody |
IEA Governing Board
NERFINISHED
ⓘ
IEA Standing Group on Emergency Questions NERFINISHED ⓘ IEA Standing Group on the Oil Market NERFINISHED ⓘ |
| dateSigned | 1974-11-18 ⓘ |
| depositary | Organisation for Economic Co-operation and Development NERFINISHED ⓘ |
| enteredIntoForce | 1974 ⓘ |
| established | a framework for cooperation among oil-consuming countries ⓘ |
| establishes | obligations to hold emergency oil stocks ⓘ |
| governs | collective response to oil supply disruptions among participating countries ⓘ |
| historicalSignificance | first major institutionalized framework for coordinated energy security among oil-importing states ⓘ |
| language |
English
ⓘ
French ⓘ |
| legalBasisFor | operation of the International Energy Agency ⓘ |
| parties | OECD member countries (with some exceptions) NERFINISHED ⓘ |
| placeSigned | Paris, France NERFINISHED ⓘ |
| policyArea |
crisis management in energy sector
ⓘ
energy policy ⓘ oil market management ⓘ |
| providesFor |
coordinated demand restraint measures
ⓘ
coordinated stockdraw of oil reserves ⓘ emergency oil-sharing mechanisms ⓘ information sharing on oil markets ⓘ |
| regionScope | OECD industrialized countries NERFINISHED ⓘ |
| relatedOrganization |
International Energy Agency
NERFINISHED
ⓘ
Organisation for Economic Co-operation and Development NERFINISHED ⓘ |
| requires |
participating countries to maintain minimum oil stock levels
ⓘ
participating countries to reduce oil demand in emergencies ⓘ |
| setsUp | collective emergency response system for oil ⓘ |
| shortName |
I.E.P. Agreement
NERFINISHED
ⓘ
International Energy Program Agreement NERFINISHED ⓘ |
| subjectMatter |
energy security
ⓘ
international energy cooperation ⓘ oil supply emergencies ⓘ |
| typeOfMeasure | legally binding international agreement ⓘ |
| yearSigned | 1974 ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
International Energy Agency emergency stockholding requirements
→
basedOn
→
Agreement on an International Energy Program
ⓘ
Energy Independence and Security Act of 2007
→
containsTitle
→
Agreement on an International Energy Program
ⓘ
this entity surface form:
Title IX – International Energy Programs