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Article 2 Overeenkomst inzake een Internationaal Energieprogramma

Emergency Reserves

1 Fuel switching capacity is defined as normal oil consumption that may be replaced by other fuels in an emergency, provided that this capacity is subject to government control in an emergency, can be brought into operation within one month, and that secure supplies of the alternative fuel are available for use.

2 The supply of alternative fuel shall be expressed in terms of oil equivalent.

3 Stocks of an alternative fuel reserved for fuel switching purposes may be credited towards emergency reserve commitments insofar as they can be used during the period of self-sufficiency.

4 Stand-by production of an alternative fuel reserved for fuel switching purposes will be credited towards emergency reserve commitments on the same basis as stand-by oil production, subject to the provisions of Article 4 of this Annex.

5 The Standing Group on Emergency Questions shall examine and report to the Management Committee on

(a) the appropriateness of the time limit of one month mentioned in paragraph 1,

(b) the basis of accounting for the fuel switching capacity based on stocks of an alternative fuel, subject to the provisions of paragraph 3.

Regeling
Overeenkomst inzake een Internationaal Energieprogramma
Soort
Verdrag
Geldend vanaf
20-02-2022
BWB-id
BWBV0003749
Versie
2022-02-20_0

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