Mission and values
CORES plays a key role in the hydrocarbon sector, helping to ensure security of supply in the event of a supply crisis, and as the leading information resource in the hydrocarbon sector in Spain.
Our fundamental mission is to contribute to guaranteeing the security of the hydrocarbon supply at all times. To this end, we hold strategic stocks of crude oil and oil products and control the stocks maintained by the oil product, LPG and natural gas industries. Also, under the supervision of the Ministry for the Ecological Transition and the Demographic Challenge, CORES cooperates ensuring supply continuity, coordinating the availability of the oil product stocks for consumption in the event of a national or international supply crisis.
Moreover, CORES contributes to guaranteeing a sufficiently diverse supply of natural gas in Spain, controlling to ensure that no more than 50% of the supply is provided by any one country of origin, in accordance with current legal limits.
Finally, CORES is the leading information resource in the hydrocarbons sector in Spain and plays an important role abroad, promoting the image of Spain as a model of efficiency and energy security.
The corporate values upon which our mission is based and which define the essence of CORES are the concepts of security and service, focusing on rigour and excellence. This reflects the knowledge and experience acquired and driven by the strong dynamism of the CORES team.