• panorama_home_02

    panorama_home_02

  • panorama_home_03

    panorama_home_03

  • panorama_home_05

    panorama_home_05

  • panorama_home_04

    panorama_home_04

  • panorama_home_01

    panorama_home_01

  • panorama_home_06

    panorama_home_06

Erdöl-Lagergesellschaft m.b.H. (ELG) is Austria’s central stockholding entity. As such it plays a major part in fulfilling the country’s 90-day oil stockholding commitment – and thus maintaining energy supply security during emergencies.

The legal basis of the company’s activities is the Erdölbevorratungsgesetz 2012 [Oil Stockholding Act 2012]which requires the holding of minimum stocks corresponding to 90 days’ average net imports. This is achieved by obliging importers of crude oil, petroleum products, bio feedstocks and biofuels to hold stocks equivalent to 25% of their imports during the previous year as compulsory emergency reserves (CERs), ng on July 1 of each year.

The Oil Stockholding Act 2012 was published on March 21, 2020 with Federal Law Journal  No. BGBl. I No. 17/2020 and thus entered into force on March 22, 2020.
Particular reference may be made to the postponement of the start of the stockholding period by three months from 1 April to 1 July and the transitional provisions of Section 30(4) and (5) of the Oil Stockholding Act 2012.

 

 

  • bond

    bond

  • Zertifikate

    Zertifikate

  • Lagerstandorte_Slider

    Lagerstandorte_Slider

website by dMG