FuelsEurope’s recommendations on the review of the Compulsory Stocks Obligation Directive
Directive 2009/119/CE deals with strategic stock obligations. It foresees that Members States have to maintain minimum stock of crude oil, unfinished and/or finished products (gasoline, diesel, jet fuel, etc.) representing about 90 days of average daily net imports or 61 days of average daily inland consumption, whichever of the two quantities is greater.
FuelsEurope would like to raise a number of challenges that the refining industry is experiencing with this Directive and to recommend addressing during the review, which is due prior to December 2015.