Definition: Stock levels / Opening / (EU-a) Emergency stocks (...

Category: Energy

The total of emergency stocks which meet all the relevant requirements of Directive 2009/119/EC. In particular, only stocks that are available and physically accessible at all times will be included (article 5, paragraph 1 of the Directive). Oil stocks that are subject to a seizure order or owned by companies that are bankrupt or entered in arrangement with creditors (article 12, paragraph 3 of the Directive) will not be included. http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1415114499552&uri=CELEX:32009L0119