Council Directive 68/414/EEC of 20 December 1968 imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products
Modified by
Council Directiveof 19 December 1972amending the Council Directive of 20 December 1968 imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products(72/425/EEC), 31972L0425, December 28, 1972
Council Directive 98/93/ECof 14 December 1998amending Directive 68/414/EEC imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products, 31998L0093, December 31, 1998
Council Directive 2006/67/ECof 24 July 2006imposing an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products(Codified version)(Text with EEA relevance), 32006L0067, August 8, 2006
Corrected by
Council Directive No 68/414/EEC of 20 December 1968 imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products, 31968L0414R(02), January 1, 1973
Council Directiveof 20 December 1968imposing an obligation on Member States of the EEC to maintain minimum stocks of crude oil and/or petroleum products(68/414/EEC)THE COUNCIL OF THE EUROPEAN COMMUNITIES,Having regard to the Treaty establishing the European Economic Community, and in particular Article 103 thereof;Having regard to the proposal from the Commission;Having regard to the Opinion of the European ParliamentOJ No 20, 6.2.1965, p. 330/65.;Whereas imported crude oil and petroleum products are of increasing importance in providing the Community with supplies of energy; whereas any difficulty, even temporary, having the effect of reducing supplies of such products imported from third States could cause serious disturbances in the economic activity of the Community; whereas the Community must therefore be in a position to offset or at least to diminish any harmful effects in such a case;Whereas a crisis in obtaining supplies could occur unexpectedly and whereas it is therefore essential to establish forthwith the necessary means to make good a possible shortage;Whereas, to this end, it is necessary to increase the security of supply for crude oil and petroleum products in Member States by establishing and maintaining minimum stocks of the most important petroleum products;Whereas national production contributes in itself to the security of supply; whereas the conditions of Community production and the greater security of supply inherent in such production justify making it possible for Member States to place the burden of maintaining stocks on imports;HAS ADOPTED THIS DIRECTIVE: