Mission and vision

Mission: Establishing compulsory oil reserves at least up to the minimum quantities prescribed by law, their storage, renewal and their management.

Vision: Considering the importance of strengthening the security of supply of crude oil and oil derivatives, in order to avoid any interference in the operation of the internal market and in order to maintain a high level of security of supply of oil derivatives in the country, compulsory oil reserves should provide stability and security on the market, through reliable and transparent mechanisms which are in accordance with the principles of the internal market and competition and in accordance with EU Directives on oil reserves.