Full name of Instrument & Measure (English):
Law No. 3054/2002 - Organisation of the Oil market and Miscellaneous Provisions
Full name of Instrument & Measure (native language):
Νόμος 3054/2002 - Οργάνωση της αγοράς πετρελαιοειδών και άλλες διατάξεις
Description:
Law No. 3054/2002 defines rules for the oil market in Greece. It obliges producers and distributors of petrol and diesel to blend their fuels with a certain amount "quota" of biofuels. The mandatory quota is specified in the distribution scheme, which is reviewed every year. The quota obligation applies to companies which have a Biofuels Production Unit Operating Licence and to distributors that possess a Biofuels Distribution Licence. Apart from that, distributors must also possess the necessary storage facilities.
The amount of biodiesel distributed (i.e. blended in) is set at 92,000 kilolitres in 2013 (FEK B 335/2013). If a provider fails to fulfil the quota, he will be punished with a fine or by revocation of its participation to the quota distribution scheme of the present year or even subsequent years.
Goal/Aim:
Setting out a minimum share of biofuels
Responsible Authority:
Ministry of Environment, Energy and Climate Change ; Ministry of Rural Development ; Ministry of Finance