Press Release: Commission reminds Member States of their obligations concerning security oil stocks

Author (Corporate)
Series Title
Series Details IP/06/433 (4.4.06)
Publication Date 04/04/2006
Content Type

The European Commission on 4 April 2006 sent reasoned opinions to Belgium, Cyprus and Greece on account of their failure to meet their obligations with regard to European oil stocks legislation. Belgium and Cyprus were not holding adequate levels of stocks, while Greece was still not forwarding statistics about the level of its stocks on time. The Commission stressed that oil stocks were extremely important for the EU’s security of supply.
Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/06/433&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: SCADplus: Energy: Minimum stocks of crude oil and/or petroleum products http://europa.eu/legislation_summaries/energy/external_dimension_enlargement/en0006_en.htm
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