Claude Mandil
Claude Mandil
Claude Mandilis a French businessman. Mandil is a member of the Board of Directors of Total S.A. and is the former Executive Director of the International Energy Agency...
funds marvelous time
It's a marvelous time for all the funds who want to invest.
basis caused convinced decided difficult economy hurricane hurt lack last offset prices reserve response shortage since situation spare
What we decided was in response to a shortage caused by Hurricane Katrina, in a situation where there was lack of spare capacity, which is much more difficult to offset without the reserve release. The prices are a signal, but not the basis for us to decide. We are convinced that they have hurt the economy since last year.
country exercise maintenance
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.
oil risk embargo
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.
moments capacity wells
The market is perfectly well supplied at the moment but spare capacity is very limited.
dirty insecure oil
[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.
capacity conversion problem
There is insufficient capacity there and there is a problem with conversion capacity.
large prioritize products proportion suggested
A large proportion of the remainder will be (refined) products ... we have suggested they prioritize products,
consumer countries
I would not say that they, OPEC, are responsible for all of it. We consumer countries are in responsible in part,
rita survey
Rita was better than expected, but no survey has been made on the platforms,
course decision far present stay
My proposal, if it were made today, would be to stay with the present decision so far -- and of course to let it work.
created disruption doubt either iran release stock supply
If there was supply disruption either created by Nigeria, Iran or both, that would lead, no doubt about that, to a stock release from the IEA countries.
created doubt either iran release stock supply
If there was supply disruption, either created by Nigeria, Iran or both, that would lead, no doubt about that, to a stock release from the IEA countries.
impact katrina rita
The impact of hurricanes Katrina and Rita has been successfully addressed.