Gov't sets minimum stocks of crude oil and oil products

The National Administration of State Reserves and Contingencies (ANRSPS) will set up 30 percent of the total stocks of crude oil and oil products that have to be set aside by December 31, 2011, the Government decided on Wednesday.The Government also decided that the remaining 70 percept of the stocks will be set aside from own sources by the business operators according to their 2010 market share and the stocks set up by them in 2002-2009.A breakdown of the crude oil and ...

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