Definition: Method for Emergency Stocks held by the MS (Code 1...

Category: Energy

Method for Emergency Stocks held by the MS
Other petroleum  included in the stock count shall be calculated according to two methods: 

whereas	
1	Annex III, a
Inclusion of all other stocks of the petroleum products identified in the first paragraph of section 3.1. of the Annex C to Regulation (EC) No 1099/2008 and calculate the crude oil equivalent by multiplying the quantities by a factor of 1,065; or 
2	Annex III, b
Inclusion of stocks of only following products: motor gasoline, aviation gasoline, gasoline-type jet fuel (naphtha-type jet fuel or JP4), kerosene-type fuel, other kerosene, gas/diesel oil (distillate fuel oil) and fuel oil (high sulphur content and low sulphur content) and calculate the cruide oil equivalent by multiplying the quantities by a factor of 1,2. http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1415114499552&uri=CELEX:32009L0119
Source:
Council Directive 2009/119/EC of 14 September 2009 imposing an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products
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