§ Mr. Hardyasked the Secretary of State for Energy if the testing of emergency oil-sharing arrangements carried out by the International Energy Authority in late 1980 has now been evaluated; and, if so, what conclusions have been reached.
§ Mr. Norman LamontThe results of the International Energy Agency's third allocation system test were evaluated by the agency's governing board in March 1981. The board concluded that the system could meet its objective of balancing out available oil supplies between IEA members if a severe shortage should occur.