Kilambi News
Friday, October 23, 2026

Norway petroleum reserves

No current level published by this government. See the note below.

Norway: obligated industry stockholding under the IEA system, administered by None; obligated companies organise and hold the stocks themselves under ministry supervision, with the Council for Fuel Preparedness as an industry advisory body.

System
IEA
Holding model
obligated industry
Stockholding body
None; obligated companies organise and hold the stocks themselves under ministry supervision, with the Council for Fuel Preparedness as an industry advisory body
Obligation
No IEA stockholding obligation as a net exporter; a national duty exists under the 2006 Act on Contingency Storage of Petroleum Products
Reporting
monthly

Emergency stocks are normally co mingled with commercial stocks and are released by no longer reserving the volumes. Obligated companies report to Statistics Norway quarterly.

Latest disclosure

Norway does not publish a national emergency stock level as a public series; levels are reported to the IEA.

Last recorded action

2026-03-11: release of 0.4 million barrels. Participation in the IEA collective action agreed 11 March 2026 (400 million barrels). Norwegian contribution of 0.4 million barrels from obligated industry stocks, products (IEA contributions table). (source)