Ireland 2020 Clear all

        • Article

        • 31 Jul 2020

        Ireland's legislation on oil security

        Introduction The 1971 Fuels (Control of Supplies) Act, as amended by the 1982 Fuels (Control of Supplies) Act, provides the legal framework to Ireland’s response to oil emergencies, where it is necessary for the Government to control the supply of fuel to the market. Additional provisions concerning Ireland’s Central Stockholding Entity (CSE), The National Oil Reserves Agency (NORA), and the release of stocks from Ireland’s emergency stockholding are provided by the 2007 National Oil Reserves Agency Act (NORA Act). The 2012 European Union (Oil Reserves) Regulations set-out Ireland’s stockholding obligations, being amended by the 2016…