EU and IEA coordinate steps to utilize oil stocks

After their meeting in Brussels, Von der Leyen and Birol shared a post on the social media platform of US-based company X.

Stating that energy prices are one of the main sources of concern for citizens and businesses, von der Leyen reminded that the EU Commission held a strategic dialogue meeting with refineries last week to help increase production during a critical period.

Von der Leyen stated that she and Birol were coordinating the steps to be taken regarding the availability of oil stocks agreed upon by the G7.

Emphasizing that the future of the EU is in electrification based on domestic clean energy, including renewable resources and nuclear, von der Leyen said, "At COP31 in Antalya, we will work with our partners to accelerate electrification." made his assessment.

Energy security of Europe and the world

IEA President Birol also stated that they had a productive meeting with von der Leyen on the challenges facing Europe and the world regarding energy security.

Stating that they discussed the diesel, jet fuel and natural gas markets during the meeting, especially as we enter the winter season, Birol said, "We also talked about the possible consequences of COP31 and the role of the EU in the negotiations." he said.

The 31st Conference of the Parties (COP31) of the United Nations Framework Convention on Climate Change will be held in Antalya on 9-20 November.