(EnergyAsia, September 27) — The oil stockpiles of some European Union (EU) countries could fall below the minimum 90 days of consumption following the group’s decision to drawdown on reserves to assist the US following the devastation of Hurricane Katrina. “Some (countries) will most certainly go below that figure,” said the EU executive European…
STORAGE: EU warns drawdown in response to Katrina would push oil reserves below minimum level
Posted on September 27, 2005 by EnergyAsia