andMr. Manning asked the Minister for Industry and Energy our stock obligations for European Community purposes for 1981 and 1982 for (a) motor spirit, (b) middle distillates and (c) fuel oil; and the proportion of these that are held abroad.
Written Answers. - EEC Stock Obligations.
716.
Under EEC oil stock regulations Ireland is required to hold 90 days of previous years oil consumption. The 90-day obligation applies to the three main categories of oil products, motor spirit, middle distillates and fuel oil. The obligation for Ireland is in column 1 of the table below.
Oil stocks held abroad which are allowable for partly meeting oil stock obligation are set out in column 2 below and include crude oil stocks held abroad.
The total of these stocks as a percentage of stock obligation is 27 per cent and 22 per cent for 1981 and 1982 respectively and the levels of actual product held abroad as a proportion of the individual product obligations are for 1981, 30 per cent, 23 per cent and 7 per cent for 1982, 30 per cent, 20 per cent and 6 per cent for motor spirit, middle distillates and fuel oil respectively.
|
Stock Obligation |
Oil Stocks held abroad |
|||||
|
000 tonnes |
||||||
|
1981 |
1982 |
1981 |
% |
1982 |
% |
|
|
Motor Spirit |
250 |
250 |
74 |
(30) |
74 |
(30) |
|
Middle Distillates |
380 |
370 |
87 |
(23) |
74 |
(20) |
|
Fuel Oil |
630 |
520 |
44 |
(7) |
31 |
(6) |
|
Crude |
— |
— |
134 |
(-) |
72 |
(-) |
|
Total |
1,260 |
1,140 |
339 |
(27) |
251 |
(22) |