S.I. No. 541/2012 - European Union (Oil Reserves) Regulations 2012

Type Statutory Instrument
Publication 2013-01-01
Last updated 2019-11-15
State In force superseded text
Text As published
articles 15

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

2 amending acts · 2019-11-15, S.I. No. 557/2019 - European Union (Oil Reserves) (Amendment) Regulations 2019

Reform history JSON API

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 1st January, 2013.

I, PAT RABBITTE, Minister for Communications, Energy and Natural Resources, in exercise of the powers conferred on me by section 3 of the European Communities Act 1972 (No. 27 of 1972) and for the purpose of giving effect to Council Directive 2009/119/EC of 14 September 20091 , hereby make the following regulations:

1.

1.

These Regulations may be cited as the European Union (Oil Reserves) Regulations 2012.

2.

2.

In these Regulations—

“Act of 2007” means National Oil Reserves Agency Act 2007 (No. 7 of 2007);

“Agency” means National Oil Reserves Agency;

“available and physically accessible” in respect of stocks means that, in a case of particular urgency, the stocks are at the disposal of the Minister and arrangements are in place to release the stocks to the market within time frames and under conditions conducive to alleviating an oil supply disruption;

“Council Directive” means Council Directive 2009/119/EC of 14 September 20091;

“EU emergency stocks” means at any time the total volume of oil stocks held in the State on behalf of another Member State, where such stocks have been notified in advance in accordance with the terms of an oil stocks agreement between the State and that Member State;

“Irish emergency stocks” means at any time the total volume of oil stocks held at that time by—

“specific stocks” means oil stocks that meet the criteria set out in Article 9 of the Council Directive and which are held in the State on behalf of another Member State in accordance with an oil stocks agreement.

“oil company” and “oil consumer” has the meanings assigned to them, respectively, in section 2 of the Act of 2007;

“oil stocks agreement” means a bilateral agreement or a memorandum of understanding or any agreement agreed between the State and one or more Member States, relating to the holding of EU emergency stocks or specific stocks in the State or the holding of Irish emergency stocks in another Member State;

“Minister” means Minister for Communications, Energy and Natural Resources.

3.

3.

The Agency shall ensure that stocks maintained at the Minister’s disposal shall be at all times available and physically accessible.

4.

4.

The Minister shall keep the register of emergency stocks for the purposes of Article 6 of the Council Directive.

5.

5.

The Minister shall keep the register of EU Emergency Stocks for the purposes of compliance with an oil stocks agreement and for the purposes of Article 5(2) of the Council Directive.

6.

6.

The Minister shall keep the register of specific stocks for the purposes of compliance with an oil stocks agreement and for the purposes of Article 10 of the Council Directive.

7.

7.

Where the Agency undertakes to maintain stocks for economic operators in accordance with Article 7(4) of the Council Directive, the Agency shall comply with the publication requirements of that Article.

8.

8.

(1) Where there is reason to implement the emergency procedures under Article 20 of the Council Directive, the Minister shall:

9.

9.

(1) Where an oil customer or an oil consumer or the Agency proposes to enter into a contract to hold specific stocks in the State in accordance with an oil stocks agreement, the oil customer or the oil consumer or the Agency shall—

10.

10.

Section 2 of the Act of 2007 is amended—

“ ‘Council Directive’ means Council Directive 2009/119/EC of 14 September 20091 ;”,

“ ‘EU emergency stocks’, ‘Irish emergency stocks’ and ‘oil stocks agreement’ have the meanings assigned to them, respectively in the European Union (Oil Reserves) Regulations 2012 ( S.I. No. 541 of 2012 );”,

and

11.

11.

Section 38 of the Act of 2007 is amended by substituting for subsection (2) the following:

  • “(2) In calculating for the purposes of this section stocks of petroleum products held throughout the preceding month by an oil consumer, the Minister shall not take into account any volume of petroleum products on behalf of the oil consumer under a contract between the oil consumer and another person, unless—

    • (a) the other person is a person mentioned in Article 8(1) of the Council Directive,

    • (b) the contract provides for an agreed volume of petroleum products owned by the oil consumer to be so held by the other person for the purpose of a claim by the oil consumer for exemption from levy under this section,

    • (c) the contract provides for the agreed volume of petroleum products to be available and physically accessible,

    • (d) before the contract was entered into, the contract proposals (within the meaning assigned by section 62) were submitted to the Minister, and

    • (e) where the contract provides for the agreed volume of petroleum products to be held outside the State, the oil consumer and other person have demonstrated that the petroleum products are held in accordance with Article 5 of the Council Directive, and with the provisions of any oil stocks agreement that the State may enter into from time to time.

  • (2A) Where an oil consumer proposes to delegate the consumer’s stockholding obligation to a central stockholding entity (within the meaning of the Council Directive), the oil consumer shall notify the Minister at least 170 days prior to the start of the period to which the obligation in question relates in accordance with Article 8(4) of the Council Directive.”.

12.

12.

The Act of 2007 is amended in sections 33(2) and (3), 45(b), 47(1), 59(1)(b), 62(1) and (4)(a) by substituting “an oil stocks agreement” for “a bilateral agreement”.

13.

13.

The Act of 2007 is amended in sections 32(1), 34(1)(a) and 62(1)(a) by inserting “and Irish emergency stocks” after “national oil reserves”.

14.

14.

Part 6 of the Act of 2007 applies to the enforcement of these Regulations and, accordingly—

15.

15.

Section 3 (as amended by the Fuel (Control of Supplies) Act 1982 (No. 18 of 1982)) of the Fuel (Control of Supplies) Act 1971 (No. 3 of 1971) is amended by inserting after subsection (3) the following:

  • “(3A) An order, an authorisation or a direction made under this Act shall not hinder the transfer, use or release of EU emergency stocks or specific stocks (within the meaning of the European Union (Oil Reserves) Regulations 2012 ( S.I. No. 541 of 2012 ).”.

GIVEN under my Official Seal,

19 December 2012.

PAT RABBITTE,

Minister for Communications, Energy and Natural Resources.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal Interpretation.)

These Regulations provide for the transposition into Irish Law of 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.

Footnotes

1

OJ No. L265, 9.10.2009, p.9

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