Cores. Corporación de Reservas Estratégicas de Productos Petrolíferos.

Cores

Corporation of Strategic Reserves of Oil-based products

The Corporation of Strategic Reserves of Oil-based Products (CORES, by its Spanish acronym) is the organisation responsible for managing strategic reserves and controlling the compulsory minimum security stocks (petroleum products and natural gas) in Spain.


Latest reports and publications

30/12/2011

CORES Contributions 2012

It has been published in the Official Gazette of December 24, 2011 ITC/3486/2011 Order of 14 December, approving the fees of the Corporation of Strategic Reserves of Petroleum Products for the year 2012.
23/11/2011

Ends the "collective action Libya," the International Energy Agency

It has been published in the Official Gazette of November 23, 2011, ITC/3190/2011 order of November 18, which resets the obligation of the obligated to maintain minimum security stocks of petroleum products once the "Libya collective action" of the International Energy Agency.
18/11/2011

To amend the obligation to maintain minimum security stocks of natural gas

It has been published in the Official Gazette of November 18, 2011, ITC/3128/2011 order of 17 November, which regulates certain aspects of third party access to gas installations and the remuneration of regulated activities.
17/10/2011

Increased strategic stocks constituted by CORES for the subjects required to maintain minimum security stocks of petroleum products, Category 2 applicants, from midnight on November 1, 2011.

Assigned days of strategic stocks to November 1, 2011.

29/06/2011

Council of Ministers’ Agreement of 24 June 2011 to release minimum security stocks of petroleum products within the framework of a coordinated action by the International Energy Agency.

It has been published in the Official Gazette of June 29, 2011, Resolution of June 24, 2011, the Ministry of Energy, which published the Resolution of the Council of Ministers on June 24, 2011, which are released minimum security stocks of petroleum products in the part of a coordinated action by the International Energy Agency.
11/04/2011

Increase strategic stocks consist CORES for persons required to maintain minimum security stocks of petroleum products, applicants for Category 2, from midnight on May 1, 2011

Assigned days of strategic stocks to May 1, 2011.

14/1/2011

Appointment of Chairman of the Strategic Reserves of Petroleum Products.

It has been published in the Official Gazette of January 14, 2011, ITC/4/2011 Order of January 10, which provides for the dismissal and appointment of Chairman of the Strategic Reserves of Petroleum Products.
21/12/2009

Strategic stocks comprise CORES for the obligated, from zero hour on January 1, 2010

From 1 January 2010 and in accordance with the Fourth Transitional Provision of Royal Decree 1716/2004, the total required minimum safety stock is set at 92 days of sales or consumption, rather than the previous 90 days. The CORES Board held on date September 17, 2009 decided that the two additional days minimum security stocks were made directly by CORES as strategic holdings.

Días asignados de existencias estratégicas a 1 de enero de 2010.

15/10/2009

Council Directive 2009/119/EC of 14 September 2009

imposing an obligation on Member States to maintain minimum stocks of crude oil and/or petroleum products.
24/09/2009

Increase of strategic reserves held by CORES on behalf of those parties liable to hold minimum security stocks of oil-based products, and applying for category 1 and 2, as from zero hours of 1st October 2009.

Days allocated to hold strategic stocks as of 1st October 2009

03/04/2009

Obligation to hold minimum security stocks

Publication in the Official State Gazette of Resolution of March 30, 2009, issued by the General Directorate of Energy Policy and Mines, stating the obligation to hold minimum safety stocks of oil-based products by the Corporation of Strategic Reserves of Oil-based Products and individuals liable to do so.
02/01/2008

Amendment of Royal Decree 1716/2004

Publication of Royal Decree 1766/2007 of 28 December in the Official State Gazette of 29th December 2007 amending Royal Decree 1716/2004 of 23rd July, which regulates the obligation to hold minimum safety stocks, the diversification of natural gas supplies and the Corporation of Strategic Reserves of Oil-based Products.
CORES. CORPORACIÓN DE RESERVAS ESTRATÉGICAS DE PRODUCTOS PETROLÍFEROS
C/ AGASTIA 80, 28043 MADRID, ESPAÑA  | E-MAIL: cores@cores.es
TLF.: +34 91 360 09 10  | FAX: +34 91 420 39 45