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Definition: Stock levels / Opening / (EU-h) Stocks held by the...
Category: Energy
EU-h. Stocks held by the Central Stockholding Entity (CSE) on national territory (Category EU-h) at the beginning of the period: Include stocks held by the central stockholding entity (CSE) as defined by the Directive 2009/119/EC. It does not include mandatory stocks held by private companies. CSE stocks held outside the national territory, in other countries, should not be included here. Stocks held by the CSE on behalf of other countries should not be included here but reported instead in the category EU–b. In principle, these stocks are identical to those reported in category h. Any difference is due to CSE held stocks that at the time of the survey were physically located in bonded areas or on board incoming ocean vessels in port or at mooring5. A difference could also occur in the case of a stockholding organisation which does not qualify as a CSE. 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
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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