international energy agency, "Oil Supply Security: Emergency Response of IEA Countries 2007"
Publisher: oecd publishing | 2007 | ISBN 926404003X | PDF | 384 pages | 7.45 MB
When Hurricane Katrina hit the Gulf of Mexico in 2005, the regions oil production and refining infrastructure was devastated and world energy markets were disrupted. The International Energy Agency decided in a matter of days to bring 60 million barrels of additional oil to the market. The emergency response system worked the collective action helped to stabilise global markets. This book describes the oil emergency response systems of IEA countries and assesses how well prepared the IEA is to deal with an oil supply disruption. Table of Content : Foreword Acknowledgements Executive Summary Chapter 1. Setting the Scene -Introduction -Establishment of the IEA -Evolving Market Conditions -Major Oil Supply Disruptions -Oil Market Supply Constraints -IEA Emergency Response Measures --Stockdraw --Production Surge --Demand Restraint --Fuel Switching --Allocation -Being Prepared is Key -Considerations for the Future Chapter 2. Emergency Response Systems in IEA Countries -Introduction -Decision-Making Structure -Stockholding Requirements -Stockholding Systems of Member Countries -Other Response Measures -Concluding Remarks Chapter 3. Emergency Response Systems of Individual IEA Countries -Australia -Austria -Belgium -Canada -Czech Republic -Denmark -Finland -France -Germany -Greece -Hungary -Ireland -Italy -Japan -Republic of Korea -Luxembourg -Netherlands -New Zealand -Norway -Poland -Portugal -Slovak Republic -Spain -Sweden -Switzerland -Turkey -United Kingdom -United States of America Chapter 4. ASEAN, China and India -ASEAN -People's Republic of China -India Annex 1. Definitions and Methodology Annex II. Summary of European Union Legislation Concerning Crisis Measures and Oil Stocks Annex III. Legal Basis for Emergency Response Organisations, Stockholding, and the Implementation of Stockdraw and Other Emergency Measures Annex IV. Developments in IEA Emergency Mechanisms, 1974-2007 Annex V. List of Acronyms Regional Oil Infrastructure Map of North America Regional Oil Infrastructure Map of Europe
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