EU REVIEWS EMERGENCY OIL STOCKS AFTER BELARUS STANDOFF
January 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Union (EU) will hasten its emergency oil stocks review after the recent Belarus-Russia energy dispute. An EU Oil Supply Group meeting considered releasing EU 120 day stocks, and EU energy Commissioner Andris Piebalgs said the European Commission would "accelerate" the EU strategic energy review's consideration of member state oil supply security and cooperation.
THE EUROPEAN Union (EU) will hasten its emergency oil stocks review after the recent Belarus-Russia energy dispute. An EU Oil Supply Group meeting considered releasing EU 120 day stocks, and EU energy Commissioner Andris Piebalgs said the European Commission would "accelerate" the EU strategic energy review's consideration of member state oil supply security and cooperation.
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