Crisis management

The general principles, frequently asked questions and their answers and legislation concerning oil crisis management.  

General principles

The oil market in normal market conditions

The Belgian oil market is a liberated market, ruled by offer and demand. In normal market conditions, the diversification of our supply of crude oil and oil products is, in consequence, left at the choice of the oil companies active on the Belgian market.

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Legislation

The International Energy Program of the IEA

The international agreement, originally dating back to 1974, between oil consuming countries on international cooperation, a joint crisis policy and the creation of the International Energy Agency.   

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Frequently asked questions on supply during an oil crisis

An overview of frequently asked questions concerning oil crisis management and their answers. 

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