Order Itc/1377/2009 Of 27 May, By Which Modify The Quotas Of The Corporation's Strategic Reserves Of Petroleum Products For The Financial Year 2009.

Original Language Title: Orden ITC/1377/2009, de 27 de mayo, por la que se modifican las cuotas de la Corporación de Reservas Estratégicas de Productos Petrolíferos correspondientes al ejercicio 2009.

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The Royal Decree 1716 / 2004, 23 July, which regulates the obligation of maintenance of minimum security stocks, diversification of supply of natural gas and petroleum products strategic reserves Corporation, as it was amended by the Royal Decree of 1766 / 2007, of 28 December, set out in its articles 25 and 26, by order of the Ministry of industry , Tourism and trade, unit quotas by group of products for metric ton or cubic meter sold or consumed, and to pay in proportion to the days of strategic stocks, or in your case will be established minimum safety stock, held by CORES, they will have to satisfy the Corporation subjects bound to maintain minimum stocks of petroleum products safety as well as quotas which, depending on their participation in the market, will have to meet subjects bound to maintain minimum stocks of safety of liquefied gases from oil and natural gas, and diversify the supply of natural gas annually to the Corporation.

These quotas are intended to finance the costs provided by the Corporation, especially those who generate the Constitution, storage and conservation of stocks of each group of petroleum products, the activities of the Corporation relating to liquefied petroleum gas and natural gas, as well as the cost of the other activities of the Corporation, strategic and Constitution and maintenance of minimum stocks of security corresponding to the subjects bound to makes reference in the preceding paragraph.

January 2, 2009 was published in the «Official Gazette» the order ITC/3837/2008, on December 26, which approve the shares of the Corporation's strategic reserves of petroleum products for the financial year 2009.

During the first quarter of 2009, there have been significant variations in some of the scenarios considered in the budget of the Corporation for 2009, which was taken as a basis for the adoption of quotas for 2009 by the aforementioned order, variations estimated are maintained or even accentuate during the rest of the year.

These variations refer to the modification downward of the following assumptions: interest rate for the year, sales volume of liquid hydrocarbons, price of the crude and index of prices to the consumer (IPC).

As result of these variations, which have produced a considerable deviation positive on the outcome of the Corporation during the first quarter of 2009, is considered from modification downward the fees payable to CORES during 2009, as of June 1, with the exception of those relating to liquefied petroleum gas and natural gas remain unchanged.

Received the proposal of modification of fees for 2009, and after being analyzed and studied by the competent services of the Ministry of energy, this Ministry has seen fit to provide: first.-fees are modified to pay to the Corporation's strategic reserves of petroleum products during 2009, which from June 2009 onwards shall be (: A) quotas to meet, in accordance with the provisions of paragraph 1 of article 25 of the Royal Decree 1716 / 2004, of 23 July, by the subjects required to keep minimum safety stock of petroleum products, excluding the liquefied petroleum gases, for the Constitution, maintenance, and management by the Corporation's strategic stocks which suited according to your sales or consumption payable in proportion to the days of strategic stocks held by the Corporation on its own: petrol auto and aviation: 0,0742 euros per cubic meter sold or consumed, and by day of inventory maintained by the Corporation on behalf of the obligated subject.

Automotive diesel and other fuel oils, aviation kerosene other kerosene: 0,0792 euros per cubic meter sold or consumed, and by day of inventory maintained by the Corporation on behalf of the obligated subject.

Fuel oils: 0,0668 euro per metric tonne sold or consumed, per day of inventory maintained by the Corporation on behalf of the obligated subject.

(B) assessed contributions to meet, in accordance with the provisions of article 25.2 of the Royal Decree by the subjects required to keep stock minimum safety of liquefied gases from oil and natural gas, and to the diversification of the supply of natural gas, for the financing of activities of the Corporation relating to them: liquefied petroleum Gases : 0.06 euros per metric tonne sold or consumed.

Natural gas: 3,78 euros per gigawatt hour of sales or consumption strong.

(C) fee to meet subjects bound to maintain minimum stocks of safety of liquefied petroleum gases, which referred to article 14.6 of the Royal Decree 1716 / 2004, of 23 July, for the maintenance of minimum stocks of security corresponding to them: 0,3381 euros per metric ton when sold or consumed, per day of inventory maintained by the Corporation on behalf of the obligated subject.

Second. - these obligors shall pay to the Corporation the amount resulting in the form and time limits in the order ITC/18/2005, of 10 January, by which approve quotas of the Corporation's strategic reserves of petroleum products corresponding to the year 2005 and in this order.

Third. - the first statement and payment of contributions approved in this order in paragraphs first. A)) and (C) above is for sales or consumption in the month of May 2009, it will be that proceed before the June 20, 2009.

In the case of the obligors referred to in the first paragraph. (B) above, annual summary the first declaration and payment of contributions approved in this order will correspond to sales or consumption by them during the year 2009.

Fourth. - modifies the Declaration form of sales or consumption, attached as annex 1 to the order ITC/18/2005, of 10 January, by which approve quotas of the Corporation's strategic reserves of petroleum products for the year 2005, according to the specimen attached to this order.

Final disposition.

This order shall enter into force the day following its publication in the "Official Gazette", and it shall remain in force until you publish the contributions for 2010, without prejudice to adjustments which, at that time, necessary to practice in declarations and payment of dues.

Madrid, 27 May 2009.-the Minister of industry, tourism and trade, p. D. (order ITC/3187/2004, of 4 October, and second additional provision of Royal Decree 640/2009 of 17 April), the Secretary of State for energy, Pedro Luis Marín Uribe.

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