Kilambi News
Friday, October 23, 2026

Spain petroleum reserves

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

Spain: mixed stockholding under the IEA and EU system, administered by CORES (Corporacion de Reservas Estrategicas de Productos Petroliferos), the central stockholding entity supervised by the Ministry for the Ecological Transition.

System
IEA and EU
Holding model
mixed
Stockholding body
CORES (Corporacion de Reservas Estrategicas de Productos Petroliferos), the central stockholding entity supervised by the Ministry for the Ecological Transition
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; the national obligation is 92 days, split 42 days held by CORES as strategic stocks and 50 days held directly by industry
Reporting
monthly
Latest level
14,199 thousand tonnes
Level date
2026-07
Crude
5,932.5
Products
8,266.6

CORES reserves are owned by CORES. Obligated entities may ask CORES to hold up to 100 percent of their obligation.

Stock history

17,55413,0162013-012019-102026-0714,199

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

Last recorded action

2026-03-11: release of 11.6 million barrels. Participation in the IEA collective action agreed 11 March 2026 (400 million barrels). Spanish contribution listed by the IEA at 11.6 million barrels from obligated industry stocks. CORES documents a Council of Ministers agreement of 17 March 2026 for a contribution of up to 11.5 million barrels, with an initial phase released by obligated parties and a temporary 4 day reduction in the industry obligation. (source)

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