Sinai Disengagement Agreement - Vol. I - Gerald R. Ford ...

3.
ments
event
needs
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,.,
el will seek to make its own independent
ents for 011 supply to meet its requlre­
rough purchases in the market.
In the
rael is unable to secure its essential
this waY'lthe USG, upon notification,
a period of three years (subject ,to red
within an overall ceiling of 125,000
barrels! per day, act to ensure promptly the
!
supply and delivery of oil to Israel if (a)
the oil Israel needs to meet its requirements
is unavailable for purchase; or (b) an embargo
prevents Israel from obtaining the necessary
l;IlCIIE'l' (
-SECRET
having the effect of satisfying this c6'tment,
will promptly be requested from the Congress.
USG also agrees that the Congress will be informed
of this commitment, on behalf of the U.S. so
that it may be respected by the Congress in the
framing of any domestic legislatijon which might
I
affe~t
it.
3. The USG will make available the amount
to be determined, to the GOI
nec
4
for a
proj~ct for the construction stocking of the
oil reserve to be stored in Isra~l,
stor~gereserve capacity, now st~ding at
I
'
so as to bring
1
apprrximately six months, up to 9ne year needs at
the time of the completion of thJ project. The
.
project will be implemented with~n four years.
The construction, operation and ~inancing
other relevant questions of the ~roject
and
will be
the subject of early and detailed talks between
the two Governments. (In submit the U.S.
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