IEA plans for emergency oil sales if Y2K crisisgreenspun.com : 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.Infoseek
-- spider (spider0@usa.net), November 30, 1999