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Minimum stock piling requirements:

Stockholding requirements

The IEA and  EU stockholding requirements are based upon the net import of crude oil equivalent in Kton. The national strategic oil reserves are based upon a level of at least 90 days net imports.
As a result of the implementation of the 2012 Oil Stockpiling Act the oil companies (refining companies and traders) are holding around 20 % net imports, while COVA’s obligation is to hold the difference of 80 % of net imports.

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