INTIEARepublic of Turkiye · Petroleum Market LawPolicyIn force

Petroleum Market Law

The National Oil Stock Commission, established under the Article 16, makes decisions on matters including:  determination and increase of the principal number of days for national petroleum stocks: in an amount equivalent to at least ninety days of net imports, based on the…

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Country / jurisdiction: Republic of Turkiye · Year: 2003 · Status: In force · Level: National · Type: Voluntary

The National Oil Stock Commission, established under the Article 16, makes decisions on matters including:

determination and increase of the principal number of days for national petroleum stocks: in an amount equivalent to at least ninety days of net imports, based on the daily average consumption of the previous year

management of  obligations that may be imposed,

the procurement period, type, quantity, and storage location of national petroleum stocks;

procurement of petroleum and services related to other decisions and measures regarding stocks and stockholding;

sales from national petroleum stocks during extraordinary circumstances;

and preparation of proposals to be submitted to the President.

Official source: https://mevzuat.gov.tr/MevzuatMetin/1.5.5015.pdf

المصدر

https://www.iea.org/policies/25428

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