The one started two months ago by the US and Israel has caused what the executive director of the International Energy Agency (IEA), Fatih Birolhas been cataloged as “the biggest energy crisis in history.”
For her part, the president of the European Commission, , has stated that the energy bill of the armed conflict for the European Union (EU) has reached the 500 million euros a day.
In a context as complicated as the current one, it is It is very important that the EU is clear about the levels of energy reserves that the old continent has. However, from Brussels they have recognized that They do not have all the updated information they would like.
As stated At a high-level summit last month, a senior official of the European Ministry of Energy who has chosen to remain anonymous has admitted that “we have very limited knowledge and data about the oil and gas market.”
“Our knowledge of what is put into circulation, removed and transported by different routes… undoubtedly evidences a lack of market supervision”added the senior European official.
From the aforementioned medium they assure that For refined fuels such as diesel and kerosene, the situation is especially confusing.. The reason is that most of the inventory is hidden in scattered commercial inventories.
Information about energy levels could be provided by companies that are part of the sector. However, Companies refuse to communicate confidential commercial data as they are not legally obliged to do so.
The European Commission takes action: it will launch a “Fuels Observatory”
The European Commission itself is aware of this lack of information. Good proof of this is that at the beginning of this month he presented his plans to put into operation a “Fuels Observatory”.
The mission of that observatory would be “track fuel production, imports, exports and stock levels for transport in the EU”.
