Lifecycle
- Effective
- Last change
Country / jurisdiction: Korea · Year: 1970 · Status: In force · Level: National · Type: Voluntary
The purpose of this Act is to ensure the stability of supply and demand and prices of petroleum and securing the appropriate quality of petroleum products and alternative fuels. Obligations to stock oil stands for refineries, exporters, importers and retailers.
Official source: https://elaw.klri.re.kr/eng_mobile/ganadaDetail.do?hseq=43275&key=PETROLEUM+AND+ALTERNATIVE+FUEL+BUSINESS+ACT¶m=P&type=abc
Source
https://www.iea.org/policies/25411Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.