Definition: Stock levels / Closing / (EU-ie) Stocks held by Ec...

Category: Energy

EU-ie. Stocks held by Economic Operators on national territory (Category EU-ie) at the end of the period: Include stocks held on national territory by the obligated Economic Operators (Economic Operators on which the Member State has imposed a stockholding obligation) and the delegated Economic Operators (Economic Operators holding stocks as a result of a delegation granted by the government or CSE of your country as well as by other domestic obligated economic operators - articles 7 and 8 of the 2009/119/EC Directive). Only emergency stocks held by the Economic Operators on national territory as required by the Member State under Directive 2009/119/EC will be reported here. Also, stocks held by a stockholding organisation which does not qualify as a CSE should be reported here. Stocks held by the Economic Operators abroad will be reported in category EU-j while stocks maintained by the Economic Operators on behalf of other countries should be reported in the category EU–b
The stocks held by the Economic Operators correspond to the Categories i & e stocks. A difference may arise because the obligated and delegated Economic Operators - under Directive 2009/119/EC – may represent a different set of operators as compared to the one of the IEA reporting system, as well as because these Economic Operators will report here only the emergency stocks held under the national stockholding obligation under Directive 2009/119/EC [commercial stocks are excluded]. Additional differences may arise due to Economic Operators' stocks that at the time of the survey were physically located in bonded areas or on board incoming ocean vessels in port or at mooring. 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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