THE PRIME MINISTER ___________ No. 16/2020/QD-TTg | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness _______________________ Hanoi, May 15, 2020 |
DECISION
On providing the Regulation on management of national reserve petrol and oil
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Pursuant to the Law on Organization dated June 19, 2015 of the Government;
Pursuant to the Law on the National Reserve dated November 20, 2012;
Pursuant to the Government’s Decree No. 94/2013/ND-CP dated August 21, 2013, detailing a number of articles of the Law on the National Reserve;
Pursuant to the Government’s Decree No. 128/2015/ND-CP dated December 15, 2015 on amending and supplementing the detail list of products and assignment to agencies to manage national reserve products issued together with the Decree No. 94/2013/ND-CP dated August 21, 2013 of the Government.
At the request of the Minister of Finance;
The Prime Minister hereby promulgate the Decision on providing the Regulation on the management of national reserve petrol and oil.
Article 1. To issue together with this Decision the Regulation on management of national reserve petrol and oil.
Article 2. This Decision takes effect on July 01, 2020 and replace the Decision No. 31/2010/QD-TTg dated March 19, 2010 of the Prime Minister on providing the “Regulation on management of national reserve petrol and oil”.
Article 3. Ministers, heads of ministerial-level agencies, heads of government agencies, presidents Incubate the People's Committees of provinces and centrally-run cities and the heads of agencies, relevant units shall responsible for the implementation of this Decision./.
The Prime Minister
Nguyen Xuan Phuc
THE PRIME MINISTER ___________ | THE SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness _______________________ |
REGULATION
On management of national reserve petrol and oil
(Attached to the Prime Minister's Decision No. 16/2020/QD-TTg dated May 15, 2020)
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Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
This Regulation prescribes the contents of management of national reserve petrol and oil in detailed lists; organization of management; State budget plans and estimates; buying, selling, importing, exporting and rotating goods; preservation; use; national technical regulations, economic and technical norms; national reserve depots; financial mechanism, accounting and state audit regime; statistic report.
Article 2. Subjects of application
Agencies, organizations and individuals related to the formation, management, administration and use of national reserve petrol and oil.
Article 3. Principles of management of national reserve petrol and oil
1. The national reserve petrol and oil must be strictly controlled in terms of quantity and quality, ensuring confidentiality and safety; proactively responding to national reserve requirements and objectives; After reserve, the national reserve petrol and oil must be fully and promptly offset.
2. National reserve petrol and oil must be used for the right purposes and in accordance with the provisions of law; not to use national reserve petrol and oil for business.
3. To calculate accurately and sufficiently the annual national reserve petrol and oil preservation expenses in accordance with law provisions.
Chapter II
ORGANIZATION OF MANAGEMENT AND DETAILED LIST OF NATIONAL RESERVE PETROL AND OIL
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