• Policy

        • Portugal

        • 2013

        Decree-Law No. 165/2013

        The decree transposes Council Directive 2009/119/EC of 14 September 2009, which requires Member States to maintain a minimum level of crude oil and/or petroleum product reserves. The stockpilling obligation resides on importers and the National Entity for the Energy Sector (NESE EPE).

        • Policy

        • Germany

        • 2026

        Act Amending the Energy Industry Act and Other Energy Regulations to Implement the European Gas and Hydrogen Single Market Package

        As a transposition of the EU Hydrogen and Gas Market Package (Directive (EU) 2024/1788 and Regulation (EU) 2024/1789)  in the Federal Republic of Germany, the Act is intended to be concluded in Summer 2026 (deadline re. Directive 5th August 2026). The transposition includes comprehensive amendment to the Energy Industry Act (Energiewirtschaftsgesetz, EnWG). It is necessary for the H2 ramp-up, the further development of the natural gas sector and investment security.

        • Policy

        • Portugal

        • 2006

        Decree-Law No. 31/2006 establishes the general principles relating to the organization and operation of the National Petroleum System

        The Government, through the Minister of Economy and Innovation, may declare the public utility of oil installations for the national economy and its structuring nature for the security or autonomy of supply. its effect includes the expropriation of immovable property, and the creation of easements and the use of assets in the public domain.

        • Policy

        • India

        • 1948

        Oilfields (Regulation and Development) Act, 1948

        The Act regulates the exploration and extraction of natural gas and petroleum. The law was last amended in 2024, with the introduction of petroleum lease and new enabling rules for the central government.

        • Policy

        • Bulgaria

        • 2013

        Crude Oil and Petroleum Products Stocks Act

        Emergency stocks must cover 90 days of net imports (30 days by the agency) or 61 days of consumption (20 days by the agency). The Minister of Energy may propose consumption restrictions to the Council of Ministers if needed.

        • Policy

        • Slovak Republic

        • 2013

        Act on Emergency Stocks

        This law aims at setting stockholding obligations of actors engaged in extraction, production, trading, storage or transportation of oil and oil products, along with measures to solve the oil emergency if required. Importers and distributors are obliged to pay a fee to ensure the maintenance of emergency stocks by the Agency for Emergency Stocks of Petroleum and Petroleum Products.

        • Policy

        • Sweden

        • 2012

        Act on Oil Stockpiling

        This Act sets emergency stocks in order to overcome oil supply interruptions. Sweden's emergency stockpile shall be held by importers and distributors, and state administrative authorities in cases where the government has decided that they shall hold stocks. It was last amended in 2019.

        • Policy

        • Japan

        • 1973

        Petroleum Supply and Demand Optimization Act

        The purpose of this Act is to taking measures to secure proper oil supply and reduce oil use in case of emergency. Japan’s demand restraint measures would range from light-handed measures (e.g. accurate information sharing and energy saving campaigns) to heavy-handed measures (e.g. limitations in oil use in specific industrial sectors, oil products limitation for end-users and allocation of oil).

        • Policy

        • Kuwait

        • 1973

        Law No. 19 of 1973 Concerning the Conservation of Petroleum Resources

        …available technologies and follow accepted international standards. Moreover, they shall take all the necessary measures to prevent pollution and damage to human life and the surrounding environment. The Ministry of Finance and Oil is the competent regulatory body, being responsible for issuing policies and regulations for the oil and gas sector.  Article 5 requires enterprises to periodically submit reports on operations and states that the Ministry of Finance and Oil has inspection powers and may take necessary measures to ascertain that the information provided within reports is correct. This legislation also sets out penalties for non-compliance and pertaining sanctions.

        • Policy

        • Romania

        • 2018

        Law No. 85/2018 on the establishment and maintenance of minimum reserves of crude oil and/or petroleum products

        This law establishes the conditions for establishing and maintaining a minimum level of stocks of crude oil and/or petroleum products, in order to guarantee security of supply, in the event of major supply disruptions, special emergency situations or local crisis situations. Both the central storage entity in Romania and economic operators who import more than 1000 tons of crude oil/petroleum products have to stockpile oil.

      Prev
      Next