VOL. XLV
No 38
23-September-2002
SUPPLY/DEMAND
EC Proposes Significant New Measures To EnsureSecurity Of Oil And Gas Supplies
The European Commission (EC) on 11September adopted two proposals aimed at improving the security of EU oil andgas supplies within the framework of the internal energy market, including akey and unprecedented provision that will allow the EC to release oil stocks tocounter volatile oil prices. In a statement, the EC said that Europeandependence on external oil and gas...
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