11. 3. 94 Official Journal of the European Communities No L 68/35 (Acts whose publication is not obligatory) COMMISSION COMMISSION DECISION of 21 February 1994 relating to a proceeding under Article 85 of the EC Treaty (IV/30.525 — Interational Energy Agency) (Only the Spanish, German, English, French, Italian and Portuguese texts are authentic) (94/153/EC) THE COMMISSION OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation No 17 of 6 February 1962, First Regulation implementing Articles 85 and 86 of the Treaty ('), as last amended by the Act of Accession of Spain and Portugal, and in particular Articles 6 and 8 thereof, - ' Having regard to the application submitted to the Commission on 12 October 1993 by the Chariman of the Industry Advisory Board of the International Energy Agency (hereinafter : ‘the IEA’) for the benefit of all the IEA Reporting companies, pursuant to Article 8 (2) of Regulation No 17, requesting renewal of the exemption under Article 85 (3) by Commission Decision 83/671/EEC (3, Having regard to the publication (%) pursuant to Article 19 (3) of Regulation No 17 of a summary of the concerted practices between oil companies which are needed to carry out the emergency oil allocation system of the Inter- national Energy Program (IEP’) and relevant changes which have occured since Decision 83/671/EEC, in which the Commission granted an exemption pursuant to () OJ No 13, 21. 2. 1962, p. 204/62. () OJ No L 376, 31. 12. 1983, p. 30. () OJ No C 300, 6. 11. 1993, p. 8. Article 85 (3) for those concerted practices, for a period ending on 31 December 1993, Having consulted the Advisory Committee on Restrictive Pratices and Dominant Positions pursuant to Article 10 (3) of Regulation No 17, Whereas : I. THE FACTS (1)  The IEP results from an agreement signed on 18 November 1974. 23 countries, members of the OECD, now participate in the IEP. The objectives of the IEP are set out in Commission Decision 83/671/EEC. The IEP aims at responding to oil supply disruptions by ensuring the availability of oil stocks for use in emergencies, and by restrai- ning demand and allocating available supplies among the participating countries on a equitable basis according to an allocation process. The implementation of the IEP is described in the Notice (*) pursuant to Article 19 (3) of Regulation No 17 and in Decision 83/671/EEC. (2)  Since Decision 83/671/EEC, the following changes have occurred : () OJ No C 199, 26. 7. 1983, p. 2.