12005SPN07/08

Protocol concerning the conditions and arrangements for admission of the Republic of Bulgaria and Romania to the European Union - Annex VII:List referred to in Article 20 of the Protocol: transitional measures, Romania - 8.Energy

Official Journal L 157 , 21/06/2005 P. 0157 - 0157


8. ENERGY

31968 L 0414: Council Directive 68/414/EEC of 20 December 1968 imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products (OJ L 308, 23.12.1968, p. 14), as last amended by:

- 31998 L 0093: Council Directive 98/93/EC of 14.12.1998 (OJ L 358, 31.12.1998, p. 100).

By way of derogation from Article 1(1) of Directive 68/414/EEC, the minimum level of stocks of petroleum products shall not apply in Romania until 31 December 2011. Romania shall ensure that its minimum level of stocks of petroleum products corresponds, for each of the categories of petroleum products listed in Article 2, to at least the following number of days' average daily internal consumption as defined in Article 1(1):

- 68,75 days by 1 January 2007;

- 73 days by 31 December 2007;

- 77,25 days by 31 December 2008;

- 81,5 days by 31 December 2009;

- 85,45 days by 31 December 2010;

- 90 days by 31 December 2011.

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