“[The report 'World Energy Outlook 2006'] reveals that the energy future we are facing today, based on projections of current trends, is dirty, insecure and expensive.” -- Claude Mandil
#Dirty #Insecure #Oil
“The market is perfectly well supplied at the moment but spare capacity is very limited.” -- Claude Mandil
#Moments #Capacity #Wells
“I can tell the negotiators, please, when you consider all the options, do not be constrained by the risk of an oil embargo on Iranian oil.” -- Claude Mandil
#Oil #Risk #Embargo
“The IEA member countries will exercise flexibility in re-establishing their emergency stock levels through 2006, noting the need to take into account seasonal demand and the possibility of higher than expected refinery maintenance.” -- Claude Mandil
#Country #Exercise #Needs
