Written answers
Tuesday, 27 November 2007
Department of Communications, Energy and Natural Resources
Oil Stocks
8:00 pm
Simon Coveney (Cork South Central, Fine Gael)
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Question 679: To ask the Minister for Communications, Energy and Natural Resources Ireland's oil stocks obligations for 2007 under EU and IEA rules; and if Ireland is compliant with these obligations. [30574/07]
Eamon Ryan (Dublin South, Green Party)
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Ireland is required to maintain 2,172,000 tonnes of crude oil equivalent (2,011,000 tonnes of oil products) under the International Energy Agency system in 2007.
Ireland's stockholding requirement for the European Union (EU) from July 2006 to June 2007 amounted to 2,041,000 tonnes of oil products over three main categories.
For the period July 2007 to June 2008 Ireland's EU stockholding requirement is 2,040,000 tonnes of products over three main categories. The three main categories of oil products are 1. Petrol. 2. Middle Distillates (Kerosene, Jet Kerosene, Gas-oil and Diesel) and 3. Fuel Oil.
Ireland has been compliant with the above requirements from January to August 2007, the latest date for which statistics are available.
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