EC move to boost strategic oil, gas stocks draws fire

The European Union is embroiled in controversy over proposals to increase mandatory levels for strategic stocks of oil and natural gas.The European Commission has encountered strong opposition from members of the European Parliament (MEPs) during debate in recent months on EC oil and gas strategic supply proposals. Among other measures, the EC had proposed that member states increase their minimum petroleum and natural gas reserves to 120 days from 90 days and that member states share their oil and gas supplies with other members during future shortages to prevent market price fluctuations.Committee members have already drastically amended or rejected outright much of the current text con...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected