Managing strategic oil reserves Contact us | Direct Access Tenders | Financial information Members HomeProfileCommitmentLogisticsFinanceNews The lowest historical coupon for SAGESS ever SAGESS has launched successfully on October 13, 2016, a new 12 years bond issue of 600 millions Euros. Lire la suite SAGESS Sustainable Development SAGESS is involved in a sustainable development process. 2016 Sustainable Development Report is on line. Read more Store Created in 1988, on the initiative of oil operators and under the aegis of public authorities, SAGESS has the role of maintaining and managing strategic oil reserves. > More Provide SAGESS's stocks are backed by a centralized crisis management system. This system, under the responsability of the central administration, makes SAGESS's stocks available to oil's partners in time of crisis. > More Supply SAGESS makes it reserves available to the French public authorities, under injunction, in the event of a crisis and at the request of the CPSSP. It guarantees a timely response in terms of releasing stocks around the entire country. > More Financing SAGESS manages a secured financing of strategic oil reserves. Thanks to diversified financing and a responsive financial policy, SAGESS is recognized for its financial stability. > More Planning As a member of the International Energy Agency (IEA) since 1992, France must permanently hold over 90 days’ worth of net imports of crude oil and oil products. > More CPSSP - Comité Professionnel des Stocks Stratégiques Pétroliers Site map Terms & conditions