Cabinet OKs gas, fuel disaster revision

Kyodo

The Cabinet approved Friday a draft revision to the Petroleum Reserve Law to make oil wholesalers set up disaster countermeasures to ensure a stable supply of gasoline and other fuel to disaster-hit areas in times of crisis.

The move aims to prevent a recurrence of the severe gasoline shortage in some parts of Japan after the March earthquake and tsunami disaster, which damaged refineries.

The revision to the law stipulates that oil distributors come up with joint plans to cooperate with each other in providing oil refineries and tank trucks.

It also stipulates that they compile disaster plans by the end of fiscal 2012 in each of the 10 regions to be designated by the government.

The government also plans to allow the use of the nation’s oil stockpile in times of disaster. The stockpile was prepared in case of a disruption in oil supply from overseas.