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Council Directive 2006/67/EC (repealed)Show full title

Council Directive 2006/67/EC of 24 July 2006 imposing an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products (Codified version) (Text with EEA relevance) (repealed)

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Article 10

1.If difficulties arise with regard to Community oil supplies, the Commission shall, at the request of any Member State or on its own initiative, arrange a consultation between the Member States.

2.Save in cases of particular urgency or in order to meet minor local needs, Member States shall refrain, prior to the consultation provided for in paragraph 1, from drawing on their stocks to any extent which would reduce those stocks to below the compulsory minimum level.

3.Member States shall inform the Commission of any withdrawals from their reserve stocks and shall communicate as soon as possible:

(a)

the date upon which stocks fell below the compulsory minimum;

(b)

the reasons for such withdrawals;

(c)

the measures, if any, taken to replenish stocks;

(d)

an appraisal, if possible, of the probable development of the situation with regard to the stocks while they remain below the compulsory minimum.

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