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Home»Law and Cases»Legislation»Law No. 4123 on the maintenance of minimum stocks of crude oil and/or petroleum products and other provisions related thereto (Harmonization of the national legislative framework with Council Directive No. 2009/119/EC).
Law No. 4123 on the maintenance of minimum stocks of crude oil and/or petroleum products and other provisions related thereto (Harmonization of the national legislative framework with Council Directive No. 2009/119/EC).
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This Law implements the provisions made under Council Directive No. 2009/119/EC regarding the imposition of an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products. The rules laid down in the Law aim at ensuring a high level of security of oil supply in the national territory through reliable and transparent mechanisms based on solidarity amongst EU Member States, maintaining minimum stocks of crude oil and/or petroleum products and putting in place the n
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Law No. 4123 on the maintenance of minimum stocks of crude oil and/or petroleum products and other provisions related thereto (Harmonization of the national legislative framework with Council Directive No. 2009/119/EC).