EU provides emergency oil reserves

Energy ministers of 27 countries-members of the European Union agreed to establish an oil reserve to be used in case of emergency, reports RIA Novosti. On the proposal made by the Presidency of the EU the Czech Republic. "This will be a guarantee for Europe better energy security in case of crisis with the supply of oil" - said Czech Minister of Industry Vladimir Toshovski. The draft Directive provides that EU countries should be one-third of its oil reserves to keep in the form of petroleum products. The document defines the rules for their use in the event of a crisis of energy situation. Earlier, President Dmitry Medvedev reiterated Russia's position on the need to develop new agreements with the EU on energy instead of the existing. Energy - it is not disputed field, but that should unite us, that connects Russia and the EU, it is our total business, is something that provides a comfortable existence for millions of Europeans, "- said Medvedev. "We will continue to work towards the creation of legal forms of cooperation in the energy sphere, this we can, but we must try to prevent crises, and it is just and should be sent to future energy agreement, because the operating agreement, as if they do not treat They do not address these issues, "- he added.