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Order Itc/3837/2008, On December 26, Which Approve Quotas Of The Corporation's Strategic Reserves Of Petroleum Products For The Financial Year 2009.

Original Language Title: ORDEN ITC/3837/2008, de 26 de diciembre, por la que se aprueban las cuotas de la Corporación de Reservas Estratégicas de Productos Petrolíferos correspondientes al ejercicio 2009.

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TEXT

Royal Decree 1716/2004 of 23 July, regulating the obligation to maintain minimum stocks of security, diversification of natural gas supply and the Corporation of Strategic Reserves of Petroleum Products, as amended by Royal Decree 1766/2007 of 28 December, establishes in its Articles 25 and 26 that, by Order of the Minister of Industry, Tourism and Trade, the unit quotas per group of products will be established which, per metric tonne or cubic metre sold or consumed, and to be paid in proportion to the days of strategic stocks, or in their case of minimum security stocks, maintained by CORES, will have to satisfy the Corporation the subjects required to maintain minimum stocks of security of petroleum products, as well as the quotas which, depending on their participation in the market, will have to satisfy annually to the Corporation the subjects required to maintain minimum stocks of safety of liquefied petroleum gases and natural gas, and to diversify the supply of gas natural.

These quotas are intended to finance the costs provided by the Corporation, especially those that generate the constitution, storage and conservation of the strategic stocks of each group of petroleum products, the activities of the Corporation relating to liquefied petroleum gases and natural gas, as well as the cost of the other activities of the Corporation, and also those for the establishment and maintenance of minimum security stocks corresponding to the required subjects referred to in the preceding paragraph.

Received proposal for quotas for 2009, and after being analyzed and studied by the competent Services of the General Secretariat of Energy,

This Ministry has had the right to have:

First.-Subjects required to maintain minimum security stocks of petroleum products will pay the Strategic Petroleum Reserve Corporation the following quotas during the year 2009:

(a) Auto and aviation gasolines: EUR 0,0989 per cubic metre sold or consumed, and per day of stock held by the Corporation on behalf of the subject.

(b) Automotive gasoils, other gasoils, aviation kerosene and other kerosene: EUR 0,1056 per cubic metre sold or consumed, and per day of stock held by the Corporation on behalf of the subject.

(c) Fueloils: EUR 0,0890 per metric tonne sold or consumed, and per day of stock held by the Corporation on behalf of the subject.

Second.-The subjects required to maintain minimum security stocks of liquefied petroleum gases, and those required to maintain minimum stocks of natural gas security and to diversify the gas supply The following quotas will be paid to the Strategic Petroleum Reserve Corporation for the year 2009:

a) liquefied petroleum gases: EUR 0.06 per metric tonne sold or consumed.

b) Natural gas: EUR 3.78 per gigawatt hour of sales or firm consumption.

Third.-The subjects required to maintain minimum security stocks of liquefied petroleum gases, as referred to in Article 14.6 of Royal Decree 1716/2004, of July 23, will pay the Corporation during the year 2009, for the maintenance of the minimum security stocks that correspond to them, a quota of 0,3381 euros per metric tonne sold or consumed, per day of stock held by the Corporation for the account of the obligated subject.

Such individuals shall pay the Corporation the resulting amount in the form and time limits laid down in the first paragraph of Order ITC/18/2005 of 10 January, for which the quotas of the Reserve Corporation are approved. Strategic Petroleum Products for the financial year 2005.

Fourth. -The first declaration and payment of the quotas approved in this Order in the first and third paragraphs above, shall correspond to the sales or consumption made in the month of December 2008.

In the case of the required subjects mentioned in the previous section, the first annual summary declaration and payment of the quotas approved in this Order shall correspond to the sales or consumption by them carried out during the year 2009.

Final disposition.

This Order shall enter into force on the day following that of its publication in the "Official Gazette of the State", and shall remain in force until the publication of the quotas for 2010, without prejudice to the adjustments which, in that time, it was necessary to practice in the declarations and payment of the quotas.

Madrid, December 26, 2008. -Minister of Industry, Tourism and Commerce, P. D. (Order ITC/3187/2004, of 4 October), the Secretary General of Energy, Pedro Luis Marin Uribe.