council direct ec decemb amend direct eec impos oblig member state eec maintain minimum stock crude oil petroleum product council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament regard opinion econom social committe council adopt direct eec decemb impos oblig member state european econom commun maintain minimum stock crude oil petroleum product import crude oil petroleum product continu plai import role commun energi suppli difficulti temporari effect reduc suppli product significantli increas price thereof intern market disturb econom activ commun commun posit offset diminish harm effect case updat direct eec adapt realiti intern market commun evolut oil market direct eec council decid measur includ draw oil stock event difficulti suppli crude oil petroleum product commun member state undertaken similar oblig agreement intern energi programm import secur oil suppli enhanc organis arrang oil stock prejudic smooth run intern market provis direct affect full applic treati provis intern market competit accord principl subsidiar accord principl proportion stipul articl treati object maintain high level secur oil suppli commun reliabl transpar mechan base solidar member state time compli rule intern market competit carri adequ level commun direct exce achiev object stock dispos member state difficulti oil suppli aris member state possess power capac control stock made promptli benefit area oil suppli organis arrang mainten stock ensur stock avail access consum organis arrang mainten stock transpar ensur fair discriminatori share burden stock hold oblig inform relat cost hold oil stock made member state interest parti order organis mainten stock member state recours system base stockhold bodi entiti hold part stock make stockhold oblig balanc maintain refin market oper partnership govern industri essenti oper effici reliabl stockhold mechan indigen product contribut secur suppli oil market evolut justifi derog oblig maintain oil stock member state indigen oil product accord principl subsidiar member state exempt undertak oblig maintain stock respect amount exceed quantiti product undertak manufactur indigen produc crude oil adopt approach commun member state intern oblig agreement ow pattern oil consumpt intern aviat bunker import compon consumpt adapt simplifi commun statist report mechan oil stock oil stock principl held commun facilit establish stock nation territori decis hold stock nation territori govern member state concern suppli secur consider case stock held dispos undertak bodi entiti detail rule need guarante avail access event oil suppli difficulti desir order ensur smooth run intern market promot agreement member state minimum stockhold order storag facil member state member state concern decis conclud agreement strengthen administr supervis stock establish effici mechan control verif stock regim sanction impos control direct eec rais dai refer period appear paragraph articl direct eec laid condit implement increas direct render obsolet direct direct eec repeal inform council regular basi situat secur stock commun adopt direct articl direct eec amend articl replac articl member state adopt law regul administr provis order maintain european commun time subject provis articl stock petroleum product level categori petroleum product list articl dai averag daili intern consumpt preced calendar year refer articl part intern consumpt met deriv petroleum produc indigen member state concern deduct maximum consumpt distribut member state result deduct decid member state concern articl delet exist articl articl supplement paragraph bunker suppli sea vessel includ calcul intern consumpt articl insert articl stock maintain accord articl fulli dispos member state difficulti aris obtain oil suppli member state ensur legal power control stock circumst time member state ensur avail access stock establish arrang allow identif account control stock member state ensur fair discriminatori condit appli stockhold arrang cost burden result mainten stock accord articl identifi transpar arrang context member state adopt measur obtain inform cost burden stockhold accord articl make inform interest parti fulfil requir paragraph member state decid recours stockhold bodi entiti respons hold part stock member state decid recours joint stockhold bodi entiti case jointli respons oblig deriv direct articl replac articl member state submit commiss statist summari show stock exist end month drawn accord articl number dai averag consumpt preced calendar year stock repres summari submit latest dai month month report member state stockhold oblig base previou calendar year intern consumpt begin calendar year member state calcul stockhold oblig latest march year ensur compli oblig event latest juli year statist summari stock jet fuel kerosen type report separ categori ii articl replac articl stock requir maintain articl maintain form crude oil intermedi product form finish product statist summari stock provid articl finish product account actual tonnag crude oil intermedi product account proport quantiti categori product obtain preced calendar year refineri state concern basi product programm refineri state concern current year basi ratio total quantiti manufactur preced calendar year state concern product cover oblig maintain stock total amount crude oil year forego appli total oblig categori petrol ga oil categori fuel oil blend compon intend process finish product list articl substitut product intend articl amend paragraph replac calcul level minimum stock provid articl quantiti held accord articl includ statist summari paragraph replac purpos implement direct stock establish agreement govern territori member state account undertak bodi entiti establish member state govern member state concern decid hold part stock nation territori case member state territori stock held framework agreement oppos transfer stock member state account stock held agreement check stock accord procedur agreement includ statist summari member state behalf stock held includ statist summari case statist summari provid articl member state send report commiss stock maintain territori benefit member state stock held member state benefit case storag locat compani hold stock quantiti product categori crude oil store report draft agreement mention subparagraph commiss make comment govern concern agreement conclud notifi commiss make member state agreement satisfi condit relat crude oil petroleum product cover direct lai condit arrang mainten stock aim safeguard control avail stock procedur check identifi stock provid inter alia method carri cooper inspect gener rule conclud unlimit period state provis made unilater termin oper event suppli crisi event commiss receiv prior inform termin stock establish agreement own undertak bodi entiti oblig hold stock held dispos undertak bodi entiti undertak bodi entiti condit met beneficiari undertak bodi entiti contractu acquir stock period contract methodolog establish price acquisit agre parti concern minimum period contract dai storag locat compani hold stock dispos beneficiari undertak bodi entiti quantiti categori product crude oil store locat actual avail stock beneficiari undertak bodi entiti guarante time period contract undertak bodi entiti hold stock dispos beneficiari undertak bodi entiti undertak bodi entiti hold stock dispos beneficiari undertak bodi entiti subject jurisdict member state territori stock situat legal power member state control verifi exist stock concern paragraph subparagraph replac exclud statist summari indigen crude oil extract suppli intend bunker sea vessel suppli direct transit stock refer paragraph suppli pipelin road tanker rail tank wagon storag tank retail outlet held small consum quantiti held arm forc held oil compani exclud statist summari articl insert articl member state adopt provis measur ensur control supervis stock put place mechan verifi stock provis direct articl insert articl member state determin penalti applic breach nation provis adopt pursuant direct measur ensur implement provis penalti effect proportion dissuas articl direct eec repeal effect decemb articl member state bring forc law regul administr provis compli direct januari forthwith inform commiss thereof member state adopt measur refer direct accompani refer occas offici public method make refer laid member state articl ow specif characterist hellen republ grant renew addit period year appli oblig direct relat inclus bunker suppli intern aviat calcul intern consumpt articl commiss submit regularli council report situat stock commun includ harmonis order ensur effect control supervis stock report submit council year date stipul articl articl direct enter forc date public offici journal european commun articl direct address member state brussel decemb council presid molter oj oj opinion deliv septemb publish offici journal oj direct amend direct eec oj oj