LONDON: Britain will permit privately-held oil reserves to be launched voluntarily in response to a worldwide stockpile launch effort led by america, a UK authorities spokesperson mentioned in an emailed assertion on Tuesday.
“If all corporations selected to make use of this flexibility, it might launch the equal of 1.5 million barrels of oil,” the spokesperson mentioned.
“This doesn’t affect UK oil reserves, that are considerably above the 90 days required by the (Worldwide Power Company).”
“If all corporations selected to make use of this flexibility, it might launch the equal of 1.5 million barrels of oil,” the spokesperson mentioned.
“This doesn’t affect UK oil reserves, that are considerably above the 90 days required by the (Worldwide Power Company).”
Supply: Times of India