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The Croatian Compulsory Oil Stocks Agency (HANDA) is an autonomous, independent and non – profit public institution founded by the Crude Oil and Petroleum Products Act (Official Gazette No. 57/2006).

In the process of harmonization of the legislation framework of the Republic of Croatia with the regulation of the EU, Croatian Parliament in its session held on May 12th, 2006 passed the Crude Oil and Petroleum Products Market Act (Official Gazette No. 57/2006).

The aforementioned Act deals with questions related to the compulsory stocks of crude oil and petroleum products as measures for safe and reliable supply of the Republic of Croatia with crude oil and petroleum products in case of any threat of the energetic security of the country caused by the unexpected disruption of supply. The compulsory stocks of crude oil and petroleum products have been established based on the quantity of the 90 days average daily consumption in preceding calendar year by July 31st of the current calendar year. The entity responsible for maintenance of the coumpulsory stocks of crude oil and petroleum products in the Republic of Croatia is Croatian Compulsory Oil Stocks Agency (HANDA), the agency that is also responsible for establishing the compulsory stocks in the quantity of the 90 days average daily consumption by July 31st, 2012.

 

International Cooperation

ACTUALITY
3rd ENERGY COMMUNITY WORKSHOP ON
EMERGENCY OIL STOCKS
25/26 April 2012, Zagreb, Croatia
(Co-organized by the Energy Community Secretariat and HANDA)