The International Energy Agency (IEA) says it has had the widest ever response to an exercise to simulate a global oil supply disruption.
44 countries took part in the event last week which simulated how the IEA coordinates the release of emergency oil stockpiles in the event of a crisis.
The exercise tests communication between and within participating countries and the IEA Secretariat under time pressure.
After a training session, members worked to develop strategies to respond to a realistic supply disruption scenario.
This year’s event featured countries representing 70% of global oil demand, including China, India, Chile and Mexico.
IEA executive director Dr Fatih Birol said “I believe this is a good example of the concrete benefits of our modernisation strategy.
“It underscores the synergies between our efforts to open the doors of the IEA to emerging economies and the IEA’s core mandate of enhancing energy security.”
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