INTIEALatvia · Procedures for the Formation and Maintenance of State Petroleum Product Safety ReservesPolicyIn force

Procedures for the Formation and Maintenance of State Petroleum Product Safety Reserves

Latvia's 2025 regulations establish a differentiated system for maintaining 90-day petroleum safety reserves, split between state-managed stocks and independent aviation industry reserves. To bolster energy security and reduce long-term costs, the government aims to transition…

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Country / jurisdiction: Latvia · Year: 2025 · Status: In force · Level: National · Type: Voluntary

Latvia's 2025 regulations establish a differentiated system for maintaining 90-day petroleum safety reserves, split between state-managed stocks and independent aviation industry reserves. To bolster energy security and reduce long-term costs, the government aims to transition to full state ownership of these stocks by the end of 2028 by purchasing at least 15% of the required volume annually.

Official source: https://www.em.gov.lv/lv/jaunums/izstradata-kartiba-naftas-produktu-drosibas-rezervju-veidosanai

Source

https://www.iea.org/policies/31079

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