Oil Supply Security [electronic resource]: The Emergency Response Potential of IEA Countries in 2000 /
International Energy Agency.
International Energy AgencyContent Provider
Paris : OECD Publishing,
2001.
Every five years, the International Energy Agency publishes an exhaustive report on its Member countries' preparations to respond to major oil supply disruptions. This review, the first since 1996, finds strong legislative frameworks and administrative structures in each IEA country. Most countries have oil stocks well above the 90 days of net oil imports to which they are committed. IEA countries also have viable demand restraint programmes. Weaknesses in national programmes have been identified and will be corrected. The review provides a complete overview of emergency response potential agency-wide. It also contains detailed country-by-country analyses for 28 countries, including the Czech Republic, the newest IEA member, and the candidate countries Poland, Korea and the Slovak Republic. In each case, an assessment is made of the main emergency response measures, including stockdraw, demand restraint, fuel switching, extra oil production and the sharing of oil supplies. A separate section presents the legislative and regulatory texts underlying each country programme. The IEA was founded in 1974 following the oil shock of 1973. Its main initial objective was to ensure an effective response to any further oil disruption. While much has changed in 26 years, safeguarding the energy security of its Members remains a core mission for the Agency.
Bibliographic Level Mode of Issuance: Monograph
Every five years, the International Energy Agency publishes an exhaustive report on its Member countries' preparations to respond to major oil supply disruptions. This review, the first since 1996, finds strong legislative frameworks and administrative structures in each IEA country. Most countries have oil stocks well above the 90 days of net oil imports to which they are committed. IEA countries also have viable demand restraint programmes. Weaknesses in national programmes have been identified and will be corrected. The review provides a complete overview of emergency response potential agency-wide. It also contains detailed country-by-country analyses for 28 countries, including the Czech Republic, the newest IEA member, and the candidate countries Poland, Korea and the Slovak Republic. In each case, an assessment is made of the main emergency response measures, including stockdraw, demand restraint, fuel switching, extra oil production and the sharing of oil supplies. A separate section presents the legislative and regulatory texts underlying each country programme. The IEA was founded in 1974 following the oil shock of 1973. Its main initial objective was to ensure an effective response to any further oil disruption. While much has changed in 26 years, safeguarding the energy security of its Members remains a core mission for the Agency.
Machine generated contents note: FOREWORD3 -- INTRODUCTION9 -- ACKNOWLEDGEMENTS11 -- CHAPTER I: The Changing Pattern of IEA Emergency -- Response Requirements -- Experience from the Past13 -- The Main Factors in Emergency Response Potential16 -- Key Recent Developments19 -- Emergency Response Policy Issues for the Future20 -- CHAPTER II: IEA Emergency Response -- Potential - an Overview -- Emergency Reserves23 -- Dem and Restraint32 -- Stockdraw vs. Demand Restraint33 -- Other Response Mechanisms34 -- Organisation34 -- CHAPTER III: The Response Potential -- of Individual IEA Countries 35 -- Australia37 -- Austria47 -- Belgium57 -- Canada67 -- Czech Republic79 -- Denmark89 -- Finland97 -- France109 -- Germany121 -- Greece137 -- Hungary147 -- Ireland157 -- Italy165 -- Japan177 -- Luxembourg187 -- The Netherlands193 -- New Zealand205 -- Norway215 -- Portugal225 -- Spain235 -- Sweden245 -- Switzerland253 -- Turkey263 -- The United Kingdom277 -- The United States293 -- CHAPTER IV: The Emergency Response Potential -- of Candidate Countries 307 -- Poland309 -- Republic of Korea323 -- Slovak Republic335 -- ANNEX I: The Legal Basis for IEA Member Country -- Emergency Response Organisations 347 -- ANNEX II: The Legal Basis for the 90-Day Stock -- Obligations and Compulsory Stockdraw -- of Member Countries 351 -- ANNEX III: Summary of European Union Legislation -- Concerning Crisis Measures and Oil Stocks 357 -- ANNEX IV: Developments in IEA Emergency -- Mechanisms 1974/2000 361 -- Energy Websites of IEA Member Countries369 -- List of Abbreviations370 -- TABLES AND FIGURES -- Table 1: Annual World Oil Supply and Demand, 1975-200014 -- Table 2: Development of Member Countries' Emergency Stockholding Systems26 -- Table 3: Development of Emergency Stocks: Share of Companies, -- Government and Agency Stocks26 -- Table 4: Statutory Power over Company Stocks27 -- Figure 1: OECD Energy Demand15 -- Figure 2: OECD Oil Use by Sector, 1973 and 199816 -- Figure 3: Global Primary Oil Stocks17 -- Figure 4: Stocks in Days of Net Imports: IEA Net Importers18 -- Figure 5: Total Products and Crude Oil Closing Stocks, August 200029 -- Figure 6: Structure of IEA Product Demand and Stocks30 -- Figure 7: Maximum Drawdown Profile for IEA Public Stocks31 -- Figure 8: Quality Characteristics of Public Crude Oil Stocks32.
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