Operations of APETRA

For the stocks under its care APETRA

1. appeals partly to the stocks of the oil industry by concluding contracts with quality and availability clauses (the so-called "tickets") which give the agency the right, in a supply crisis, to purchase the stocks, and
2. appeals partly to crude oil and petroleum products which it purchases by means of bank loans.
   

The contracts under 1° are the result of calls for tenders by APETRA to which national and foreign companies react.
These calls for tenders concern quantities in tank, i.e. the oil stocks owned and stores by the oil companies. 

The purchasing of crude oil and products is organised by a similar tendering system. APETRA rents storage capacities from storage operators and launches then, by means of a separate procedure, calls for tenders for the purchase of oil products or crude oil to fill up the capacity. 
All stocks managed by APETRA are to be stored in so-called “eligible depots”. These storage facilities have a minimum capacity of 5.000 m3 and have to meet certain requirements as to availability and accessibility. Further information on the statute of “eligible depot” can be found in the section "Depots".
For the inspection of the storage facilities and the oil delivered and stored, APETRA works with certified inspection companies. The stocks are "all risk" insured.  

APETRA works under the rules of public procurement. More information on its procedures and financial and administrative assignments can be found in the section "ongoing tenders". 

Do not hesitate to contact us orally or in writing for more specific information on the operations of APETRA