Publication: Magyar Közlöny
Issue: MK-1999-28 (Year: 1999, Number: 28)
Era: 1990-2004
Section: 
Paragraph Index: 200

c) the question of whether a given quantity of stand-by oil production is of greater value for purposes of emergency self-sufficiency than the same quantity of oil stocks, the amount of a possible credit for stand-by production, and the method of its calculation. Article 5 Stand-by oil production available to a Participating Country within the jurisdiction of another country may be credited towards its emergency reserve commitment on the same basis as stand-by oil production within its own jurisdiction, subject to the provisions of Article 4 of this Annex provided that the Government of that other country has an agreement with the Government of the Participating Country that it shall impose no impediment to the supply of oil from that stand-by capacity to he Participating Country in an emergency. Article 6 The Standing Group on Emergency Questions shall examine and report to the Management Committee on the possibility of crediting towards a Participating Country’s emergency reserve commitment mentioned in Article 2, paragraph 2, of the Agreement, long term investments which have the effect of reducing the Participating Countries’ dependence on imported oil. 1999/28. szám Article 7

Source: https://magyarkozlony.hu/hivatalos-lapok/b71fe70cbda18532b2da819cf4ce9fa1f9015ad5/dokumentumok/9132893c3eaab5a84a394122451d6baf247acb40/letoltes