Act No. XXIII of 2013 on Minimum Stocks of Imported Crude Oil and Petroleum Products

Hungary’s response to oil supply disruptions is primarily governed by the provisions of the Act No. XXIII of 2013 on Security Stockpiles of Imported Crude Oil and Petroleum Products that repealed and replaced Act No. XLIX of 1993 on the Security Stockpiles of Imported Crude Oil and Petroleum Products which aims to implement relevant European Union legislation governing emergency oil stocks.

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