• Policy

        • India

        • 2023

        Revised Domestic Gas Pricing

        …mainly applies to gas produced by legacy fields and national oil companies (ONGC, OIL). Key revisions of the guidelines include: The price of gas under the APM is benchmarked on a monthly basis to the price of imported crude (Indian Crude Basket) instead of the four global benchmarksThe gas produced by ONGC and OIL from their nomination blocks will be subject to floor and ceiling prices (a floor price of $4/mBtu and a ceiling of $6.5/mBtu)For gas produced from new wells or well interventions, ONGC and OIL would be allowed a premium of 20 per cent…

        • Policy

        • Austria

        • 2012

        Oil Stockholding Act 2012

        …25% each of the imports of crude oil and individual petroleum products, biofuels (and raw materials for biofuels).Importers can stockpile such products with the Austrian Central Stockholding Entity which acts as a central depository. The Austrian Central Stockholding Entity can also stockpile 10% more on their own.Alternatively, importers may fulfill their stockholding obligations by holding compulsory emergency stocks themselves; by participating in the joint holding of compulsory emergency reserves in cooperation with one or more other compulsory stockholders; or by entering into a private law contract under which a counterparty agrees to maintain specified quantities of crude oil…

        • Policy

        • Plurinational State of Bolivia

        • 2024

        National Hydrogen Strategy and Roadmap

        Focus on renewable hydrogen due to declining production of natural gas. Potential for exports, especially to Brazil by pipeline. Consideration of e-fuels to replace oil imports. Target of 150 ktpa of renewable hydrogen production by 2030 (out of which 85 ktpa are to be exported). This increases to 1.35 Mtpa by 2040 and 4.15 Mtpa by 2050. LCOH target of USD 1.8/kg by 2030 and USD 1/kg by 2050. Cumulative investment needs of USD 26-34.4 billion by 2050. A large demand foreseen for hydrogen derivatives including 1.33 Mtpa of e-methanol…

        • Policy

        • Indonesia

        • 2015

        Biodiesel policy (Regulation No. 12/2015) on Provision, Utilization and Trading of Biofuels as Other Fuels

        In 2015, the Indonesian Government under the Ministry of Energy and Mineral Resource amended 2008's regulation on provision, utilisation, and administration of biofuel as other fuels. The amended regulation aims to decrease petroleum import bills and boost domestic palm oil consumption. The Government set a blending target at 30% for fatty acid methyl ester (FAME).The government increased the blending target of biodiesel to 35% in August 2023. 

        • Policy

        • Jamaica

        • 2008

        Roll-out of 10% bioethanol blend

        Mandates the use of ethanol blended fuel for motor engines throughout the island, with the exception of marine fuels. It phases out the use of the environmentally harmful petroleum-based Methyl Tertiary Butyl Ether (MTBE). Has created a guaranteed national market for ethanol of 70 million litres annually. Penalty includes de-licencing of petrol stations.

        • Policy

        • New Zealand

        • 1976

        International Energy Agreement Act 1976

        This Act aims at enabling emergency measures to deal with a reduction of petroleum supplies, including stockholding oil and other petroleum products. This Act was last amended in 2021. Stockpilling is under Minister direction and obligations might be delegated on a person who produces, acquires, distributes, supplies, or uses petroleum or engine fuel.

        • Policy

        • Cyprus

        • 2022

        Reduction of excise tax on petrol, diesel and heating oil

        Excise taxes on motor fuels (gasoline and diesel) and heating to be reduced by 8.33 cents and 6.39 cents respectively, which applies on 8/3/2022 and will be valid until the end of February 2023 after the second extension decided by the Council of Ministers for this measure in September 2021.

        • Policy

        • United States

        • 2022

        Temporary EPA waiver allowing the use of E15 gasoline

        In response to market supply issues caused by the war in Ukraine, the U.S. Environmental Protection Agency (EPA) issued an emergency waiver in April 2022, allowing the sale of gasoline with a 15% blend of ethanol (E15) to increase the volume of gasoline available to consumers. The waivers will be issued on a 20-day basis until circumstances change.

        • Policy

        • Finland

        • 2019

        Promoting the use of bioliquids in machinery and heating

        In 2019, an act introducing a quota obligation for light fuel oil supply was approved. Physical share of bioliquid energy content in light fuel oil shall be minimum 3 % in 2021 increasing gradually to 10 % in 2028.

        • Policy

        • European Union

        • 2010

        Restrictive measures against Iran

        …the following energy sector related policies:  Oil and other energy-related import restrictionsBan on imports of crude oil, natural gas, petrochemical, and petroleum products.  Oil transport servicesProvision of flagging and classification services to Iranian oil tankers and cargo vessels is prohibitedSupply of vessels designed for the transport or storage of oil and petrochemical products to Iranian persons, entities or bodies (or others transporting or storing Iranian oil or petrochemical products) is prohibitedConstruction of new oil tankers for Iran or for Iranian persons or entities is prohibitedSupply of vessels for the transport or storage of oil or petrochemical products are prohibitedSale…

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