- System
- IEA and EU
- Holding model
- agency
- Stockholding body
- The central stockholding function has been performed since 1 January 2020 by the State Construction Control Bureau, which procures storage services for state emergency stocks
- 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; 2025 regulations maintain 90 day petroleum safety reserves, with a government aim of full state ownership by end 2028
- Reporting
- monthly
- Latest level
- 381 thousand tonnes
- Level date
- 2026-07
- Crude
- 102.0
- Products
- 279.4
Stocks have been held in Latvia, Lithuania and the Netherlands under Bureau procurements. Latvia is counted as the 32nd IEA member in this dataset; it appeared in the tasking list among EU members only. Confidence note: System, model and obligation verified; agency detail rests on ministry and Bureau pages rather than a single opened stockholding agency page.
Stock history
Latvia emergency oil stocks, thousand tonnes (Eurostat nrg_stk_oilm). Source series as published; no unit conversion.
Last recorded action
2026-03-11: release of 0.3 million barrels. Participation in the IEA collective action agreed 11 March 2026 (400 million barrels). Latvian contribution of 0.3 million barrels (IEA contributions table; split not yet available). A joint Baltic ministers statement of 11 March 2026 supports Baltic participation in the collective action. (source)
Level source: Eurostat (dataset nrg_stk_oilm). Record confidence: partial.