INTIEARomania · Law No. 85/2018 on the establishment and maintenance of minimum reserves of crude oil and/or petroleum productsPolicyIn force

Law No. 85/2018 on the establishment and maintenance of minimum reserves of crude oil and/or petroleum products

This law establishes the conditions for establishing and maintaining a minimum level of stocks of crude oil and/or petroleum products, in order to guarantee security of supply, in the event of major supply disruptions, special emergency situations or local crisis situations.…

Last changed 2 years ago.

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Country / jurisdiction: Romania · Year: 2018 · Status: In force · Level: National · Type: Voluntary

This law establishes the conditions for establishing and maintaining a minimum level of stocks of crude oil and/or petroleum products, in order to guarantee security of supply, in the event of major supply disruptions, special emergency situations or local crisis situations. Both the central storage entity in Romania and economic operators who import more than 1000 tons of crude oil/petroleum products have to stockpile oil.

Official source: https://legislatie.just.ro/Public/DetaliiDocument/199487

Source

https://www.iea.org/policies/25438

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

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