Spain Will Release Another 4.4 Million Barrels of Strategic Oil Reserves to Cope with the Energy Crisis

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elcorreoweb.es

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elcorreogallego.es

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lacronicabadajoz.com

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Spain will release 4.4 million barrels of its oil reserves this October, within the agreement acquired within the International Energy Agency (IEA) last March to moderate the impact of Iran’s war on energy prices. It is the second movement of this kind that the country carries out after a first release of 3.7 million barrels.

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This is the second release of reserves after the 3.7 million barrels in March and under an agreement between the countries of the International Energy Agency (IEA) by which the government should still be released from another 3.4 million.

Business Insider (Spain)

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The new operation is in addition to the 3.7 million barrels previously released to cushion the impact of the war in the Middle East and to contain tensions in the energy markets.

The Objective | Periodismo ethos

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The government has announced this Thursday that it will release new strategic oil reserves to meet the commitment made last March by [...]

economiadigital.es

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The measure is part of the 11.5 million barrels that the Government promised to release in March to contain fuel prices.

Forbes España

elperiodicodelaenergia.com

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elperiodicodelaenergia.com

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Spain is going to proceed to a second phase of the release of oil reserves this October, with 4.4 million barrels, within the commitment acquired last March within the International Energy Agency (IEA) to counter the impact of the crisis in the Middle East. Sources of [...] The entry Spain will release another 4.4 million barrels of strategic oil reserves this October aparece primero en Forbes España.