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Article
31 Jul 2020
Netherlands' legislation on oil security
Introduction The Netherlands utilises a multi-layered legislative approach to oil supply emergencies. While the 2012 Law on Stockpiling Petroleum Products (LSPP) provides the primary legislative framework, further details are spelled out by the 1979 Law on the Implementation of the International Energy Programme (LIEP), the 1939 Distribution Law (DL), the 1990 Regulation on Traffic Rules and Transport (RTRT) and by the 1950 Law on Economic Offences (LEO). Relevant domestic legislation Related domestic legislation Relevant European Union legislation Other related links Circumstances triggering operation of the emergency response system Article 2(1) LIEP allows for the Dutch emergency response system…
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Country report
Oct 2012
Oil and Gas Emergency Policy: Japan 2013 update
…met its minimum IEA stockholding obligation. Japan’s domestic natural gas production is limited – with production of around 3.3 bcm in 2012. Natural gas supply sources to the country are well diversified. As Japan has no cross border pipelines, the country imported natural gas through 31 liquefied natural gas (LNG) terminals with around 10 bcm of natural gas storage capacity. Key elements of Japan’s overall gas security policy are diversifying its long-term supply contract portfolio, ensuring flexibility of increasing imports in times of an emergency in long term contracts, and using voluntary commercial LNG stocks in industry.
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Article
31 Jul 2020
Japan's legislation on oil security
…stable supply of oil, transfer or loan Government-Stockpiled Oil as pursuant to the provision of the Ordinance of Ministry of Economy, Trade and Industry.The provisions of the PSDA are triggered when there is an actual or potential shortage of oil due to the occurrence of natural disasters affecting Japan to such an extent that the smooth operation of the national economy is potentially or actually affected (article 4(1) PSDA). Article 10(2) PSDA further specifies that emergency stocks may be released when the national oil supply is disrupted to such an extent that the security of the…
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Country report
Jun 2004
Energy Policies of IEA Countries: Netherlands 2004
Energy Policy Review Energy Policies of IEA Countries: Netherlands 2004 The International Energy Agency's comprehensive review of the Netherland's energy policies and programmes for 2004. It finds that the Netherlands is to be commended for the pragmatism and innovativeness of its energy policy. It has provided the country with secure energy supply and economic benefits arising from competition but with due regard paid to environmental issues. The major challenges are the reorganisation of the gas market structure and curbing the growth of energy demand in the transport sector.
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Fuel report
Mar 2017
Oil Market Report - March 2017
…implied refined product stock drawdowns supporting higher throughput. Highlights Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb/d in February as OPEC and non-OPEC producers pumped more. At 96.52 mb/d, world oil production stood 170 kb/d below a year ago. OPEC posted a year-on-year decline for the second month running. In 2017 non-OPEC output is set to rise…
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Country report
Nov 2000
Energy Policies of IEA Countries: Netherlands 2000
…for the long term. But efficient markets are also important to the Dutch. In the electricity and gas industries, full retail competition is to be introduced on an accelerated schedule in 2004. Since competition was introduced into the power market in 1998, the necessary institutions and secondary legislation have been put in place, making the market highly competitive. Three out of the four large generators in the country have been sold to foreign utility investors. There is room for improvement in the rules for the allocation of interconnector capacity, to be found in co-operation with the Netherlands’ European neighbours.
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Article
18 Aug 2022
Japan Oil Security Policy
Country Energy Security Policy - Oil Oil overview Oil remains the most significant energy source in Japan, accounting for about 40% of the country’s total energy supply, even if Japan’s oil demand has been steadily decreasing in line with the country’s overall declining total energy use. This decline was only briefly interrupted after the 2011 Great East Japan Earthquake and its subsequent impacts, when old oil power generation facilities were quickly brought back online to replace temporarily missing nuclear generation.Having no notable domestic production, Japan is heavily dependent on crude oil imports, with between 80% to 90…
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Fuel report
Jul 2019
Oil Market Report - July 2019
…East of Suez refiners are more exposed to products oversupply, while Atlantic Basin runs have fallen back to 2014 levels.OECD commercial stocks increased by 22.8 mb in May to 2 906 mb, and stood 6.7 mb above the five-year average. Preliminary data for June show inventories falling in the US and Japan whereas stocks increased in Europe.Concerns that global oil demand is slowing caused ICE Brent to decline by 10% in June, despite supportive geopolitical factors. Gasoline cracks picked up following a refinery fire on the US Atlantic Coast. Highlights Global demand growth is set to accelerate from an exceptionally…
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Country report
Sep 2020
The Netherlands’ Effort to Phase Out and Rationalise its Fossil-Fuel Subsidies
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This report summarises the key aspects of the Netherland’s energy system, analyses support measures relating to fossil fuels and provides policy recommendations to the government. Executive summary As part of the G20 commitment to phase-out inefficient fossil-fuel subsidies that encourage wasteful consumption, several G20 member countries volunteered to undergo a peer review of their fossil-fuel subsidies. China, Germany, Indonesia, Italy, Mexico, and the United States were the first six countries to participate in such an undertaking. Argentina and Canada are currently working on a reciprocal peer review of their fossil-fuel subsidies and France and India… -
Fuel report
Jun 2017
Oil Market Report - June 2017
…Although global growth was only 0.9 mb/d in 1Q17, it accelerates in 2H17 and for the year as a whole our outlook remains unchanged at 1.3 mb/d. In 2018, growth increases modestly to 1.4 mb/d as demand reaches a record 99.3 mb/d.Global oil supply rose by 585 kb/d in May to 96.69 mb/d as both OPEC and non-OPEC countries produced more. Output stood 1.25 mb/d above a year ago, the highest annual increase since February 2016. Gains were dominated by non-OPEC, particularly the US.OPEC crude output rose by 290 kb/d in…