Lifecycle
- Effective
- Last change
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/31079Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.