INTIEALithuania · Law on State Stocks of Petroleum Products and OilPolicyIn force

Law on State Stocks of Petroleum Products and Oil

The Law on Stocks includes secondary legislation regarding procedures to respond to an oil supply disruption, and on maintaining oil emergency stocks. The stockholding obligation set on industry is calculated each year, based on Lithuania’s total 90-day net import obligation…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Lithuania · Year: 2002 · Status: In force · Level: National · Type: Voluntary

The Law on Stocks includes secondary legislation regarding procedures to respond to an oil supply disruption, and on maintaining oil emergency stocks. The stockholding obligation set on industry is calculated each year, based on Lithuania’s total 90-day net import obligation minus the 30 days of consumption of specific stocks held by the Lithuanian Energy Agency. It was last amended in 2020.

Official source: https://e-seimas.lrs.lt/portal/legalAct/lt/TAD/afcd5bb2f98111eab72ddb4a109da1b5?jfwid=bkaxlfai

Source

https://www.iea.org/policies/25413

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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