IEA plans for emergency oil sales if Y2K crisis : LUSENET : TimeBomb 2000 (Y2000) : One Thread

``In the documents setting up the IEA the director
is given right to apply crisis mechanisms when there
is turmoil in the oil markets,'' said IEA spokesman
Scott Sullivan.

- - -

Tankers and terminals are seen as most vulnerable
to Y2K problems and many oil companies have suspended
oil loadings around the turn of the year.


-- spider (, November 30, 1999

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