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Commission Implementing Directive (EU) 2018/1581Show full title
Commission Implementing Directive (EU) 2018/1581 of 19 October 2018 amending Council Directive 2009/119/EC as regards the methods for calculating stockholding obligations
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ANNEXU.K.
‘ANNEX I METHOD FOR CALCULATING THE CRUDE OIL EQUIVALENT OF IMPORTS OF PETROLEUM PRODUCTS
Member States shall calculate the crude oil equivalent of imports of petroleum products, as referred to in Article 3, using the following method.
(1)
The sum of net imports of crude oil, natural gas liquids (NGL), refinery feedstocks and other hydrocarbons, as defined in Annex A, Chapter 3.4 of Regulation (EC) No 1099/2008(1), shall be calculated and adjusted to take account of any stock changes. From the resulting figure, one of the following figures shall be deducted for naphtha yield:
4 %,
the average naphtha yield,
the net actual naphtha consumption.
(2)
The sum of the net imports of all other petroleum products, as defined in Annex A, Chapter 3.4 of Regulation (EC) No 1099/2008, excluding naphtha, shall be calculated and adjusted to take account of stock changes and shall be multiplied by a factor of 1,065.
The sum of the figures resulting from (1) and (2) represents the crude oil equivalent.
International marine bunkers shall not be included in the calculation.’
(1)
As modified by Commission Regulation (EU) 2017/2010 of 9 November 2017.
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