From librae wiki

EC (Energy Credits) are a cryptocurrency issued by an authority, typically Void Church, representing fuel 1 to 1. These can be exchanged in an any Void Church Branch, typically located in Empire capitals, the client being responsible for transportation.

EC transactions are essentially free, Void Church gaining their profits from providing galactic transportation. However, when citizens are (officially) selling fuel to Void Church, it is reported to the related Empire and it's getting an income Tax.

As empires can freely exchange fuel for EC in their capital, they currently only maintain their Fuel stocks.