[Federal Register Volume 59, Number 31 (Tuesday, February 15, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-3501]


[[Page Unknown]]

[Federal Register: February 15, 1994]


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DEPARTMENT OF ENERGY

 

International Energy Agency Meetings

AGENCY: Department of Energy.

ACTION: Notice of meetings.

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FOR FURTHER INFORMATION CONTACT: Samuel M. Bradley, Acting Assistant 
General Counsel for International and Legal Policy, Department of 
Energy, 1000 Independence Avenue, SW., Washington, DC 20585, 202-586-
6738.

SUPPLEMENTARY INFORMATION: In accordance with section 252(c)(1)(A)(i) 
of the Energy Policy and Conservation Act (42 U.S.C. 6272(c)(1)(A)(i)), 
the following notice of meetings is provided:
    I. A meeting of the Industry Advisory Board (IAB) to the 
International Energy Agency (IEA) will be held on Monday, February 21, 
1994 at the Shiroyama Kanko Hotel in Kagoshima, Japan, beginning at 
9:15 a.m. The agenda for the meeting is as follows:

1. Introductory Comments
2. Approval of Agenda
3. Approval of IAB Record Notes for Meetings on February 25, 1993, 
March 11, 1993, June 14, 1993, and October 27, 1993
4. Emergency Management Manual
5. Industry/Secretariat Operations Manual
6. Emergency Operations Reference Guide
7. Emergency Data System
8. Industry Supply Advisory Group Manager's Report
9. Anti-trust Clearances
    --Renewal of the Commission of the European Communities Decision of 
December 12, 1983 (IV/30.525)
    --Extension of Section 252 of the Energy Policy and Conservation 
Act
10. Preparations for Stockholding Workshop
11. IAB Administrative Issues
12. Future Work

    II. A meeting of the IEA's Group of Reporting Companies will be 
held on February 22-24, 1994 at the Shiroyama Kanko Hotel in Kagoshima, 
Japan, beginning at 9 a.m. on February 22. The purpose of this meeting 
is to permit attendance by representatives of U.S. Reporting Companies 
at a ``Workshop on Stockdraw and Emergency Response Policies and 
Management'' which is to be held by the IEA at the aforesaid location 
on the aforesaid dates. The Agenda for the meeting is under the control 
of the IEA. It is expected that the following draft Agenda will be 
followed:

I. Opening of the Workshop by Japanese Administration, Standing Group 
on Emergency Questions (SEQ) Chairman and the IEA Secretariat
II. First Session: Stockholding
1. Administration
    Introduction by the Session Chairman
(a) The organization and administration of emergency reserves of the 
U.K.
(b) The financing, ownership and management of emergency reserves
    --Government emergency reserves
    --Organization and administration of emergency reserves: A company 
view
(c) Some aspects of storage contracts: A stockholding agency view
    Discussion
2. Operations
    Introduction by the Session Chairman
(a) Structure of emergency stocks
    --Structure of emergency stocks: The EBV case
    --Balance between stocks of individual products: The case of 
Denmark
    --Use of emergency stocks held in other IEA countries
(b) Types of storage of emergency stocks
    --Salt cavern storage at Manosque and related facilities
    --Rock cavern storage
    --Floating storage
(c) Quality control of crude oil and product stocks
    --Storage in salt caverns and quality prediction
    --Some technical considerations: The solution of product 
obsolescence problems in Denmark
    --Issues resulting from deterioration of oil products in long-term 
storage
(d) Technical problems arising from stockholding
    --Gas infiltration and heating problems in salt dome storage
    --Safety management
    Discussion
3. Establishment and Re-Organization of Emergency Response and 
Stockdraw Systems
Introduction by the Session Chairman
(a) The establishment of emergency stockholding organizations and 
procedures to meet International Energy Program (IEP) requirements: 
Centralization, decentralization and other issues
(b) Reorganization of an administration responsible for emergency stock 
management: A case history of Finland
    Discussion
    Summary by the Session Chairman
III. Second Session: Stockdraw
1. Policy Issues and Stockdraw Potential
    Introduction by the Session Chairman
(a) Stockdraw organization and its procedures including the legal 
framework and the monitoring of the compliance by stockholders
(b) Overview of member countries' legislation and policies for 
emergency stocks
(c) Stockdraw capabilities of emergency stocks
    --Logistics of stockdraw: The case of Canada
(d) Stockdraw policy of member countries
    --The Netherlands
    --Finland
    --USA
(e) Lessons from stockdraw experience
    --Lessons from test release and training
    --Experience of the Gulf crisis: Practical stockdraw lessons
(f) Stockdraw in overall emergency response measures
    --Coordination with demand restraint measures
    --Coordination with fuel switching: The case of natural gas in 
Italy
    Discussion
2. Market Impacts
    Introduction by the Session Chairman
(a) Commercial stock management in uncertain market
(b) Timing, quantity and kinds of government emergency stockdraw
    Discussion
    Summary by the Session Chairman
IV. Third Session: The Outlook
    Introduction by the Session Chairman
PANEL 1
1. The situation outside the IEA Area
(a) Emergency response programs and experiences of Thailand
(b) Stockpile and Stockdraw Scheme in Korea
(c) Emergency response programs and experience of Hungary
(d) Emergency response programs and experience of Czech Republic
    Panel discussion
    Summary by the Session Chairman
IV. Third Session: The Outlook (continued)
    Introduction by the Session Chairman
PANEL 2
2. Future IEA Stock Requirements and Policies
(a) The outlook for IEA net imports of oil and implications for 
emergency reserve requirements and response policies
(b) Stockdraw, the capacity and flexibility of the refining sector
(c) Current and future refining issues in the United States
(d) Oil refining and trade prospects in the Asia Pacific Area
    Panel discussion
    Summary by the Session Chairman
V. Overall Summary/Closing Remarks by the SEQ Chairman and the 
Secretariat

    As permitted by 10 CFR 209.32, the usual 7-day period for 
publication of the notice of these meetings in the Federal Register has 
been shortened because unanticipated circumstances pertaining to the 
IEA's scheduling of these meetings delayed the issuance of this notice.
    As provided in section 252(c)(1)(A)(ii) of the Energy Policy and 
Conservation Act, these meetings are open only to representatives of 
members of the IAB and their counsel, representatives of members of the 
SEQ, participants in the Stockholding Workshop, representatives of the 
Departments of Energy, Justice, and State, the Federal Trade 
Commission, the General Accounting Office, Committees of the Congress, 
the IEA, and the Commission of the European Communities, and invitees 
of the IAB or the IEA.

    Issued in Washington, DC, February 9, 1994.
Eric Fygi,
Deputy General Counsel.
[FR Doc. 94-3501 Filed 02-14-94; 8:45 am]
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