Act on mandatory storage of imported fuels (No. 1070 of 1994).
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
The present Act lays down rules on mandatory imported fuel storage, in order to secure the country's readiness in terms of fuel supply. Mandatory storage refers to the necessary reserves that the obligated storer must maintain at their own expense according to this Act. Oil products and raw materials used in oil refining are also stored under this Act to fulfill Finland's international treaty obligations regarding energy supply crisis preparedness. The storage obligation applies to: 1. Coal, excluding anthracite, as well as coal briquettes and similar solid fuels; 2. Crude oil and other raw materials used in oil refining; 3. Oil products such as diesel oil, light fuel oil, heavy fuel oil, motor gasoline for internal combustion engines, aviation gasoline, and aviation kerosene, and; 4. Natural gas. The Supply Security Agency (Försörjningsberedskapscentralen) shall oversee the implementation of this Act and annually determine the storage quantities covered by the storage obligation, as well as supervise the mandatory storage and its use.
The Act contains 26 Articles organized in the following chapters: 1. General provisions; 2. Mandatory storage of coil; 3. Mandatory storage of crude oil and oil products; 4. Mandatory storage of natural gas; 5. Use of and supervision over mandatory storage; 6. Special provisions; and 7. Entry into force and transitional provisions.
The Act contains 26 Articles organized in the following chapters: 1. General provisions; 2. Mandatory storage of coil; 3. Mandatory storage of crude oil and oil products; 4. Mandatory storage of natural gas; 5. Use of and supervision over mandatory storage; 6. Special provisions; and 7. Entry into force and transitional provisions.
Attached files
Web site
Notes
Consolidated version as last amended by Act No. 170 of 2023.
Repealed
No
Source language
English
Legislation Amendment
No
Original title
Laki tuontipolttoaineiden velvoitevarastoinnista.