Kilambi News
Friday, October 23, 2026

France petroleum reserves

Latest level: 2026-07, from Eurostat (dataset nrg_stk_oilm).

France: mixed stockholding under the IEA and EU system, administered by CPSSP holds the delegated stockholding obligation and mandates SAGESS as the central stockholding entity.

System
IEA and EU
Holding model
mixed
Stockholding body
CPSSP holds the delegated stockholding obligation and mandates SAGESS as the central stockholding entity
Obligation
IEA: 90 days of net imports; EU Directive 2009/119/EC: 90 days of net imports or 61 days of consumption, whichever is greater; operators hold stocks linked to about a quarter of previous year net imports
Reporting
monthly
Latest level
16,445 thousand tonnes
Level date
2026-07
Crude
5,248.0
Products
11,197.0

Non warehouse keepers delegate their whole obligation to CPSSP; warehouse keepers keep a share themselves. France holds one of the two largest EU emergency stock positions.

Stock history

19,68214,4172013-012019-102026-0716,445

France emergency oil stocks, thousand tonnes (Eurostat nrg_stk_oilm). Source series as published; no unit conversion.

Last recorded action

2026-03-11: release of 14.6 million barrels. Participation in the IEA collective action agreed 11 March 2026 (400 million barrels). French contribution of 14.6 million barrels (IEA contributions table; split not yet available). (source)

Level source: Eurostat (dataset nrg_stk_oilm). Record confidence: verified.