TNAG-1140-FCO40-1420-Quarterly-progress-reports-on-Hong-Kong-1982 — Page 103

機密

CONFIDENTIAL

7)

Oil reserves

(ii)

5

part of the East Tamar project. Operational responsibility and manning will be assumed by DCA, and civilian users will pay a landing fee.

the permanent helipad to the west of the Wanchai passenger ferry terminal will also be a joint-user facility. DCA has been given the responsibility for planning and design of the facility. The design will allow for the possibility of upgrading the helipad to international heliport status.

To ensure that the planning process continues satisfac- torily.

To establish strategic reserves of oil products

(a) The 4 industry shareholders

(power and oil companies) of Owensbord transferred their shares to the Government.

The

(b) In line with XCo's decision, the

two major power companies continue to maintain strategic reserves of fuel oil amounting to about 60 days' supply. situation will be reviewed by the Energy Policy Committee.

(c) The voluntary Code of Practice

for maintaining strategic reserves of fuel oil, gas oil and naptha was implemented.

ESB to manage Owensbord.

Monitoring of the power companies'

holdings of fuel oil to be continued. то convene a meeting of the Energy Policy Committee.

To monitor the oil companies' performance against the Code of Practice.

GF 323

CONFIDENTIAL #2

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