- System
- IEA and EU
- Holding model
- mixed
- Stockholding body
- ENSE (Entidade Nacional para o Setor Energetico), the central stockholding entity for the strategic portion of 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; operators hold two thirds of the obligation and ENSE one third
- Reporting
- monthly
- Latest level
- 2,408 thousand tonnes
- Level date
- 2026-07
- Crude
- 901.5
- Products
- 1,506.1
ENSE strategic reserves sit in rented and own facilities. Stocks held abroad under bilateral agreements or tickets need several days of lead time to call.
Stock history
Portugal emergency oil stocks, thousand tonnes (Eurostat nrg_stk_oilm). Source series as published; no unit conversion.
Last recorded action
2026-03-11: release of 2.0 million barrels. Participation in the IEA collective action agreed 11 March 2026 (400 million barrels). Portuguese contribution of 2.0 million barrels from obligated industry stocks, products (IEA contributions table). (source)
Level source: Eurostat (dataset nrg_stk_oilm). Record confidence: verified.