Abstract
A country has strong energy security if it meets numerous criteria, including the availability of energy at reasonable rates, simple access to energy, and being totally accepted by the community while remaining environmentally conscious. Building a Strategic Petroleum Reserve (SPR) or a Petroleum Buffer Reserve is one strategy to attain national energy security (CPM). Many countries already have SPRs and are members of the International Energy Agency as a means of ensuring state uniformity in achieving national energy security and defending against the prospect of a global energy crisis. Several factors must be considered when developing the SPR to ensure that it is correctly developed in accordance with its objectives and benefits.
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
