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The Act's scope is to ensure preparedness in the event of a supply disruption or threat thereof to oil, including the keeping of reserves of petroleum and petroleum products, and collect data on oil ratio in Denmark. The Minister of Climate and Energy appoints the Danish Central Storage Device Organization (FDO), which role is that of storage provider that is ready for release in the event of an oil supply crisis.
The Act consists of 13 Chapters: Purpose, scope, definitions (1); The central storage device organization (2); Storage duties (3); Meeting the storage requirement and delegations (4); Stored stocks availability (5); Information and records of emergency and specific stocks (6); Contingency (7); Monitoring and injunctions (8); Crisis Management (9); Delegation of administrative tasks (10); Appeals (11); Penalties and administrative imposition of fines (12); Entry into force (13).
The Act's scope is to ensure preparedness in the event of a supply disruption or threat thereof to oil, including the keeping of reserves of petroleum and petroleum products, and collect data on oil ratio in Denmark. The Minister of Climate and Energy appoints the Danish Central Storage Device Organization (FDO), which role is that of storage provider that is ready for release in the event of an oil supply crisis.
The Act does not apply to Greenland nor the Faroe islands.The Act implements regulations of the 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.
Title:
Oil Preparedness Act (No. 354 of 2012).
Country:
Denmark
Type of document:
Legislation
Data source:
Files:
Date of text: