Proposal for a Council Decision repealing Council Decision 68/416/EEC on the conclusion and implementation of individual agreements between governments relating to the obligation of Member States to maintain minimum stocks of crude oil and/or petroleum products and Council Decision 77/706/EEC on the setting of a Community target for a reduction in the consumption of primary sources of energy in the event of difficulties in the supply of crude oil and petroleum products
Date: 2002-09-11
Institutions: European Commission
Subjects: approximation of laws, energy consumption, energy supply, minimum stock, natural gas, petroleum, petroleum product, security of supply, single market, storage of hydrocarbons

C 331 E/280

EN

Official Journal of the European Communities

31.12.2002

Proposal for a Council Decision repealing Council Decision 68/416/EEC on the conclusion and
implementation of individual agreements between governments relating to the obligation of
Member States to maintain minimum stocks of crude oil and/or petroleum products and
Council Decision 77/706/EEC on the setting of a Community target for a reduction in the
consumption of primary sources of energy in the event of difficulties in the supply of crude oil
and petroleum products

(2002/C 331 E/43)

(Text with EEA relevance)

COM(2002) 488 final

(Submitted by the Commission on 11 September 2002)

EXPLANATORY MEMORANDUM

The Commission has put forward a proposal for a new Directive of the European Parliament and of the
Council concerning the alignment of measures with regard to security of supply for petroleum products.
More specifically, this proposal for a Directive provides for Member States' provisions on oil stocks and
crisis measures to be more closely aligned with each other, and for coordinated action between the
Member States in the event of a supply crisis.

The abovementioned proposal for a Directive consists of two parts:

— The first part defines the stockholding obligations and the criteria with which the security stock

systems must comply.

— The second part covers aspects relating to the adoption of measures in a crisis situation, more
especially the institutional mechanism for obtaining a coordinated response from the Member States
in the event of a crisis.

In this situation, existing legislation on this subject is no longer relevant. The aim of this proposal for a
Decision is therefore to repeal some of the texts concerned.

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European
Community, and in particular Article 100 thereof,

Having regard to the proposal from the Commission,

Member States to maintain minimum stocks of crude oil
and/or petroleum products (1), and the Council Decision
77/706/EEC of 7 November 1977 on the setting of a
Community target for a reduction in the consumption of
primary sources of energy in the event of difficulties in the
supply of crude oil and petroleum products (2).

Whereas:

(4) Those legislative texts are therefore now obsolete,

(1) Directive . . ./. . ./EC provides for the alignment of measures
with regard to security of supply for petroleum products.

HAS ADOPTED THIS DECISION:

(2) More specifically, in order to ensure the proper functioning
the internal market, Directive . . ./. . ./EC brings the
of
provisions of
to
petroleum stocks and crisis measures closer into line with
each other and provides for coordinated action between
Member States in the event of a supply crisis.

States with regard

the Member

(3) It also incorporates,

in a new and coherent text, all the
relevant aspects which were dealt with in particular in
the Council Decision of 20 December 1968 on the
conclusion and implementation of individual agreements
to the obligation of
relating
between governments

Article 1

Council Decision 68/416/EEC is hereby repealed.

Article 2

Council Decision 77/706/EEC is hereby repealed.

Article 3

This Decision is addressed to the Member States.

(1) OJ L 308, 23.12.1968, p. 19.
(2) OJ L 292, 16.11.1977, p. 9.