VOL. XLVI

No 9

3-March-2003

EU/SUPPLY/DEMAND

EU Energy Ministers Agree Need To Establish New Body To Manage Energy Stocks

EU energy ministers agreed on 22 February on the need to establish a new body to deal with energy stocks in emergency situations. Oil strategic stocks need to be properly managed as well as natural gas stocks. There was consensus on the need to ensure our strategic stocks are real and not virtual, said EU Transport and Energy Commissioner Loyola de Palacio. OPEC...