• Policy

        • South Africa

        • 2008

        National Energy Act - Strategic stocks petroleum policy and implementation plan

        This plan amended the National Energy Act of 2008 to maintain reserves equivalent to 60 days of net imports in both crude oil and refined products for the Strategic Fuel Fund. Licensed manufacturers and wholesalers are required to hold 14 days of refined products.

        • Policy

        • Luxembourg

        • 2015

        Act on the Organization of the Market for Petroleum Products

        The Act on the Organization of the Market for Petroleum Products implements the European Union’s Directive 2009/119/EC and lays out a specific legal framework concerning the protection of Luxembourg’s energy supply by stockholding oil and other petroleum products.Oil importers are responsible of the emergency stocks.The Luxembourgian government is entitled to enact measures that restrict the consumption of specific types of oil or oil products. Measures that prioritise certain consumers (article 40(2)(a) OMP), restrict the import, export and transport of some or of all petroleum products (article 40(2)(b) OMP) or regulate…

        • Policy

        • Ireland

        • 2006

        Biofuels Scheme II Programme for Mineral Oil Tax (MOT) Relief on Biofuels

        Launched under the Finance Act 2006, this programme will provide Mineral Oil Tax (MOT) relief in the period 2006 - 2010 for biofuels projects in a number of categories as follows: Pure plant oil - 21m litres Biodiesel - 338 m litres Bioethanol - 306 m litres Under the scheme for biofuel projects, MOT relief was awarded through a competitive process in which applicants were be invited to submit proposals for consideration. The scheme concentrates in particular on biodiesel and bioethanol, with lesser focus on pure plant oil.

        • Policy

        • Denmark

        • 2012

        Oil Emergency Response Act

        The Act aims to ensure preparedness in the event of supply interruptions in the oil sector, including the maintenance of emergency stocks of crude oil and oil products, and the collection of data on oil conditions in Denmark. It imposes stockholding obligations on companies importing, exporting or facilitating the entry of crude oil or oil products. Alongside the stocks held by companies, Danish legislation also envisions that part of the Danish stockholding obligation is met by stocks held by the Danish Central Stockholding Entity (CSE). The Act was last amended in 2024.

        • Policy

        • Chinese Taipei

        • 2009

        Measure Governing Oil in Emergency Management

        The law empowers Chinese Taipei's central authority to implement oil demand restraint measures during emergencies, as defined in Article 21 of the Petroleum Administration Law. These include quotas, price controls, stockpile adjustments, and distribution priorities to ensure supply stability and national security. A special emergency council coordinates enforcement and inter-agency collaboration.

        • Policy

        • Serbia

        • 2025

        Law on mandatory reserves of oil, law on mandatory reserve of oil derivatives and law on mandatory reserve of natural gas

        The adoption of these three new laws governing the oil and gas sector helps to strengthen the security, quality and reliability of supply to the domestic market, and harmonizes with European Union regulations in these areas.

        • Policy

        • Korea

        • 2021

        Temporary Fuel Tax Reductions (Cycle of Extensions)

        …response to continued global price volatility and supply risks linked to the Strait of Hormuz crisis.In parallel, the policy includes temporary tax reductions on fuels used in power generation, such as a 15% cut in taxes on natural gas and bituminous coal, aimed at stabilising electricity prices. In April 2026, the government also expanded the LPG butane reduction rate from 10% to 25%, with an additional reduction effect of about KRW 31/ℓ, and applied the expanded LPG butane reduction through 30 June 2026. The framework allows for repeated extensions and rate adjustments depending on international energy market conditions

        • Policy

        • Lithuania

        • 2002

        Law on State Stocks of Petroleum Products and Oil

        The Law on Stocks includes secondary legislation regarding procedures to respond to an oil supply disruption, and on maintaining oil emergency stocks. The stockholding obligation set on industry is calculated each year, based on Lithuania’s total 90-day net import obligation minus the 30 days of consumption of specific stocks held by the Lithuanian Energy Agency. It was last amended in 2020.

        • Policy

        • Portugal

        • 2021

        October 2021 Extraordinary package of measures on fuels

        In response to the energy price crisis, the Portuguese government enacted in October 2021 an "Extraordinary package of measures on fuels" encompassing the following temporary measures :a temporary reduction of the Tax on Petroleum Products (ISP) applicable to gasoline and diesel. a AUTOvoucher discount: Fuel subsidy of EUR 0.10/litre (maximum of 50 litres/month) at gas stations. the suspension of the planned carbon tax increase on fuels. a subsidy to road passenger transport operators (buses and taxis), equivalent to EUR 0.10/litre (maximum of 50 litres/month).  In addition, targeted, permanent measures were implemented for the road…

        • Policy

        • Thailand

        • 1973

        Emergency Decree on Remedy and Prevention of Shortage Fuel Oil

        The Decree gives rights to the Prime Minister to cover oil rationing strategies to ensure a fair allocation of fuel products to various service sectors according to the pre-determined priority lists.

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