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Toril Bosoni (IEA) - Clingendael

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© OECD/<strong>IEA</strong> 2012<br />

Impact of Refinery Restructuring on Security<br />

of Supply<br />

• How to define and measure security of supply?<br />

• <strong>IEA</strong> is in process of developing a comprehensive approach to<br />

energy security of supply, and has constructed a Model of<br />

Short-term Energy Security (MOSES)<br />

• MOSES looks at crude and oil products separately using a set of<br />

quantitative indicators of import and domestic risks as well for<br />

resilience capacities to deal with different disruptions.<br />

• To look at impact of refinery closures, both crude and product<br />

security situation has to be evaluated<br />

• Difficulty is to determine overall security or relative importance<br />

of the diverging trends

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