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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).

Country/Territory
Greece
Document type
Legislation
Date
2013
Source
FAO, FAOLEX
Original source
Efimeris tis Kyverniseos No. 43, Part I, 19 February 2013, pp. 655-669.
Subject
Energy, Mineral resources
Keyword
Biofuel Early warning system Enforcement/compliance Oil
Geographical area
Europe, Europe and Central Asia, European Union Countries, Mediterranean, Southern Europe
Entry into force notes
The Law shall enter into force on the date of its publication in the Official Gazette unless otherwise indicated in individual sections.
Abstract

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 necessary procedural means to deal with a serious shortage. Article 13 of the law lays down specific rules for taking biofuels and additives into account when calculating stockholding obligations and stock levels.

Full text
Greek
Website
www.et.gr

References - Legislation

Amends

Law No. 3423 on the introduction to the national market of biogas and other renewable energy sources.

Legislation | Greece | 2005

Keyword: Renewable energy, Internal trade, Authorization/permit

Source: FAO, FAOLEX