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...
decision extend market prefer release stocks whether work
We will see whether there is a need to extend the decision and release more stocks or if the market can work alone, ... ...We would prefer for the market to work alone.
agreement both build decided hope reach stocks strategic
Both have decided to build strategic stocks and we hope to reach an agreement on coordination.
days extend increase maybe recovery stock
Maybe in 15 days we will see that the recovery in the U.S. has been better than expected. But maybe ... we will need to extend or even increase the stock draw.
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.
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.
barrels billion strategic
We have 4 billion barrels in strategic stocks.
change energy onto outcomes planet
We must change these outcomes and get the planet onto a sustainable energy path.
damage decide short whether
We have demonstrated that we were able to decide at very short notice. We do not know a lot about Rita, whether it will make damage or not.
side
On the refining side we need regulations to be predictable.
left money research
But governments can't do everything at the same time, as they won't have enough money left for research and development.