Estonia become 29th member of IEA
Estonia has become the 29th member of the International Energy Agency (IEA). According to Urve Palo, Estonian Minister of Economic Affairs and Communications: ‘Accession to the IEA is an important milestone for Estonia in order to become an active participant in global energy policy. As a member state, sharing the common values of the IEA, we will actively contribute to an efficiently functioning energy economy.’ To meet a central requirement for full IEA membership, Estonia had to set aside emergency oil stocks equivalent to at least 90 days of the prior year’s net imports.
