07.03.2012
TOBB Turkey Petroleum and Petroleum Products Industry Council meeting was held at the TOBB İstanbul Service Building with Council President Muammer Ekim presiding. During the meeting, the proposed changes to the #5015 Petroleum Market Legislation assessed while suggestions and views pertaining to the market activities regarding the oil no 10 were discussed.
Attention was drawn to the fact that the 20 day mandatory stock duration for gasoline and diesel fuel, as mandated by the National Petroleum Stock Obligations Supervision of the Petroleum Market Legislation, is significant in terms of costs and should be lowered to 10 days. Sector representatives requested that effort be made to lower the mandatory stock duration for gasoline like it was lowered for LPG.
- The matter of oil no 10
TOBB Turkey Petroleum and Petroleum Products Council President Muammer Ekim, emphasizing that they are working on the legislation change of the Petroleum Market Legislation, he drew attention to the problems about oil no 10. It was suggested that EPDK be appealed as the TOBB Turkey Petroleum and Petroleum Products Council and request that certain materials used in oil no 10 be licensed.
