* IEA countries to tap 60 mln bbls oil on top of U.S.
release
    * Japan to release 15 mln bbls, followed by 7.23 mln bbls
from S
Korea

 
    By Kavya Guduru, Kantaro  Komiya and Lucy Craymer
    April 8 (Reuters) - The International Energy Agency (IEA)
has listed members' contributions to a 120-million-barrel
release of crude and oil products from emergency stockpiles
aimed at cooling global oil prices following Russia's invasion
of Ukraine.
    The release of stocks by the U.S.-allied members of the IEA
- which is made up of 31 mostly industrialized countries, but
does not include Russia - would be their second coordinated
release in a month and the fifth in the agency's history.
    It is the largest release from non-U.S. IEA countries, and
the biggest by the United States.
    The United States will match the 60 million barrels tapped
by other IEA countries as part of its 180-million-barrel draw
from the U.S. Strategic Petroleum Reserve announced in March.
    The total release of 240 million barrels will be made
available to the global market within six months, the IEA said. 
    "The decision of IEA countries on 1 April was to
collectively release 120 million barrels, and the U.S. share in
this is 60 million barrels. This is based on a specific
methodology for attributing country shares in the action, using
oil consumption," the IEA told Reuters. 
    "The U.S. decided to release more than their share, in total
they announced '1 million barrels per day over the next 6
months', which equates to 180 million barrels, over the period
of May to October."
    Global oil prices are headed for their second
weekly drop since the United States announced its largest ever
oil reserve release in late March, with Brent falling about $10
to briefly edge below $100 a barrel. 
    Prices hit 14-year highs last month as Western sanctions on
Russia disrupted crude and oil product exports from the world's
number two crude exporter.
    The total U.S. and IEA releases this year, including a March
1 coordinated release of 60 million barrels, reduces by nearly
15% the nearly 2.1 billion barrels in storage the group
controlled before Russia invaded Ukraine.
    Japan, the second-biggest contributor, said it would release
a record 15 million barrels.
    Prime Minister Fumio Kishida told reporters late on Thursday
Russia's invasion of Ukraine was "unforgivable" and that the
release would help curb oil prices.
    "We must not forgive its invasion and war crimes. We will
demonstrate our will with severe action," he said.
    Russia says its forces are conducting a "special operation"
in Ukraine and denies targeting civilians.
    New Zealand said it would contribute crude and diesel to the
IEA release.
    "Our release is made up of around 184,000 barrels of crude
oil held in Spain and close to 299,000 barrels of diesel held in
the United Kingdom," New Zealand's Minister of Energy and
Resources Megan Woods said in a statement.
    Other major contributors include South Korea, Germany,
France, Italy and Britain. 
    
     Country           Thousand barrels 
                               
                               
  United States             60,559
      Japan                 15,000
   South Korea               7,230
     Germany                 6,480
      France                 6,047
      Italy                  5,000
  United Kingdom             4,408
      Spain                  4,000
      Turkey                 3,060
      Poland                 2,298
    Australia                1,608
   Netherlands               1,600
      Greece                  624
     Hungary                  531
   New Zealand                483
     Ireland                  451
     Finland                  369
    Lithuania                 180
     Estonia                  74
 
 (Reporting by Timothy Gardner in Washington, Noah Browning in
London, Kavya Guduru, Seher Dareen and Ashitha Shivaprasad in
Bengaluru, Lucy Craymer in Wellington, Kantaro Komiya, Tetsushi
Kajimoto and Yuka Obayashi in Tokyo; Writing by Florence Tan;
Editing by Robert Birsel, David Holmes, Kirsten Donovan and Jan
Harvey)