Minimum oil reserve to go up by 15 pc in 2008

Minimum level of oil products stocks this year is set at 92,100 tonnes, accounting for a 15 percent rise compared to the 2007, according to a draft Decision on the minimum safety stocks of oil products, launched to be debated by the public by the Ministry of Economy and Finance (MEF).Minimum oil products reserve is formed of 30,000 tonnes of crude and 62,100 tonnes of Diesel.Financing of minimum reserve in 2008 is covered by the state budget for the stocks made by the ...

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