Oil Stockholding Act

The Act aims at creating, maintaining and financing reserves of crude oil, petroleum products and natural gas in Poland. There are two categories of emergency stocks: stocks of crude oil or fuels created and maintained by producers and traders; and stocks created and maintained by the Government Agency for Strategic Reserves (RARS) of Poland. Article 40 and 41 authorises the Council of Ministers to impose, at the request of the minister responsible for energy resources management, selected six measures reducing fuel consumption by recipients, including sales ban and speed limits. 
In scope of natural gas, the obligation to maintain mandatory stocks is imposed on gas import enterprises. Currently proceeded amendment to the Law changing the obliged unit to maintain gas stocks from eneterprises to RARS.
The Act was last amended in 2024.

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