ANNOUNCED AS TEMPORARYNo
Import-related non-tariff measure, nes
On 30 May 2014, the Polish parliament amended its Act on crude oil, petroleum products and natural gas, as well as the rules of conduct in emergency situations concerning fuel security and disruptions on the oil market.
Starting 22 July 2014, all fuel producing or trading companies in Poland are required to provide a collateral worth PLN 10 million (around EUR 2.38 million) before receiving a concession (cf. art. 38a 1 of the amended Act). Those entities with prior concessions have 4 months after the amendment comes into force to provide the collateral, i.e. until 22 November 2014.
The Polish LPG Association managed to insist that the new collateral does not include the LPG importers.
Most likely to be affected by the amendments are small importers of petrol. Particularly hit are gas stations near country borders who often import fuel from nearby refineries, such as from the German town of Schwedt. ("Koncesja na import za grube miliony", Rzeczpospolita, 3.4.2014)
According to the government, the changes made are aimed at tackling the grey zone in the fuel industry.
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