a recent agreement signed by their governments. New Zealand already keeps some of its oil reserves in Australia, the Netherlands and the UK. Under its commitments to the International Energy Agency (IEA), New Zealand must keep stockpile equivalent to 90 days of consumption. Last year, the IEA openly rebuked Wellington for failing to meet its…
NEW ZEALAND: Strategic oil reserves to be partly kept in Japan
Posted on November 25, 2007 by EnergyAsia