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Order Eit / 1981 / 2015, Of 30 Of September, By Which Is Modify Them Fees Of The Corporation Of Reserves Strategic Of Products Oil Corresponding To The Exercise By 2015.

Original Language Title: Orden IET/1981/2015, de 30 de septiembre, por la que se modifican las cuotas de la Corporación de Reservas Estratégicas de Productos Petrolíferos correspondientes al ejercicio 2015.

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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 Ministry of Industry, Energy and Tourism, 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, shall satisfy the Corporation the subjects required to maintain minimum security stocks of petroleum products, as well as quotas which, depending on their participation in the market, will have to satisfy the Corporation annually the subjects required to maintain minimum safety stocks of liquefied petroleum gases and natural gas, and to diversify the supply of natural gas.

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.

On December 30, 2014 was published in the "Official State Gazette" Order IET/2470/2014 of 29 December, approving the quotas of the Corporation for Strategic Reserves of Petroleum Products for the financial year 2015.

During 2015 there have been variations in some of the assumptions used in the Corporation Budget for 2015, which was taken as the basis for the approval of the quotas for the year.

On the one hand, the evolution of sales over the course of this year has presented a more favorable performance than expected, within the scenario of recovery of the Spanish economy. In this sense, it was taken as forecast of sales evolution for the 2015 budget, a growth of 0.3% in line with the beginning in 2014 of the positive path after six years of negative rates of evolution of the sales. Throughout 2015, the growth rate has accelerated and this has generated an upward revision in the current forecast for this 2015 financial year of 4.2% versus 0.3% initially budgeted for the financial year 2014.

On the other hand, there has been a marked reduction in the cost of the budget and the maintenance of strategic reserves, mainly as a result of the downward trend in interest rates. a reference to the European monetary authorities and to the policy for the procurement of storage capacity needs, by means of capacity competitions, which this year, in an environment of high availability of market capacity, have resulted in favourable conditions for contracts which met their expiration.

As a result of all of the above, there has been an excess of collection in relation to the cost of the activities, which makes the modification to the reduction of the quotas that corresponds to CORES during 2015, applicable to sales or consumption carried out as from September 2015, with the exception of those for liquefied petroleum gases and natural gas which remain unchanged.

This decline is consistent with CORES ' approach to maintaining quotas as close to reality, thus adapting the collection to the behavior of the markets in periods lower than the annual financial years. This leads to a better transfer of costs to consumers and more efficient financing of the system.

Once the modification of the quotas approved by this order has been made, the weighted effective quota for the year 2015 for the liquid hydrocarbon groups (except liquefied petroleum gases), will be located at 0,0881 euros per cubic meter sold or consumed and per day of strategic stocks maintained by the Corporation, in the group of gasoline and self-aviation; 0.0851 euros per cubic meter sold or consumed and per day of stock strategic maintained by the Corporation, in the group of automotive gasoils, other gas oils, Aviation kerosene and other kerosene; and at 0.0874 euros per metric tonne sold or consumed, and per day of stock held by the Corporation, in the group of fuel oils; assuming an average effective quota for all groups of liquid hydrocarbons, with the exception of liquefied petroleum gases, of EUR 0,0856 per cubic metre sold or consumed and per day of strategic stock held by the Corporation.

Received the proposed quota modification for 2015, and after being analyzed and studied by the competent services of the Secretary of State for Energy, I resolve:

First. Amendment of Order IET/2470/2014 of 29 December 2014 approving the quotas of the Strategic Petroleum Reserve Corporation for the financial year 2015.

The first paragraph of Order IET/2470/2014 of 29 December 2014 approving the quotas of the Corporation for Strategic Reserves of Petroleum Products for the financial year 2015 is hereby amended as follows: following terms:

" First.

The subjects required to maintain minimum security stocks of petroleum products in accordance with the provisions of Article 25.1 of Royal Decree 1716/2004 of 23 July, regulating the obligation of maintenance of minimum security stocks, diversification of natural gas supply and the corporation of strategic reserves of petroleum products, will pay to the Corporation of Strategic Reserves of Petroleum Products following quotas during the year 2015:

(a) Auto and aviation gasolines: EUR 0,0601 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 0,0562 per cubic metre sold or consumed, and per day of stock held by the Corporation on behalf of the subject.

(c) Fueloils: EUR 0.0577 per metric tonne sold or consumed, and per day of stock held by the Corporation on behalf of the obligated subject. "

Second.

The first declaration and payment of the approved quotas in this order will be the one to be carried out before 20 October 2015, that is, the one corresponding to the sales or consumption carried out in the month of September 2015.

Third.

This order shall have effect from the day of its publication in the "Official State Gazette" until the approval of the quotas for 2016, without prejudice to any adjustments that may be necessary in the declarations and payment of the quotas.

This order exhausts the administrative route, as provided for in Article 109 of Law 30/1992, of 26 November, of the Legal Regime of Public Administrations and of the Common Administrative Procedure, in Relationship with the additional 15th of Law 6/1997, of 14 April, of the Organization and the Functioning of the General Administration of the State. Against it, it may be brought before the Court of the Administrative-Administrative Court of the National Court, within a period of two months, from the day following that of the notification of this order, compliance with Law 29/1998 of July 13, regulating the Administrative-Administrative Jurisdiction.

Likewise, without prejudice to the foregoing, this order may be appealed to the Minister of Industry, Energy and Tourism for a period of one month from the day following that of his notification, in accordance with the provisions of Articles 116 and 117 of Law No 30/1992 of 26 November 1992. In such a case, the administrative-administrative appeal may not be brought until the replacement appeal is expressly resolved or the presumed dismissal of the remedy occurs.

Madrid, September 30, 2015. -Minister of Industry, Energy and Tourism, P. D. (Order IET/556/2012, March 15), Secretary of State for Energy, Alberto Nadal Belda.