Netherlands Petroleum
Stockpiling Agency

The Netherlands Petroleum Stockpiling Agency (COVA) is the central, independent organisation that maintains strategic oil stocks in the Netherlands on the instructions of the Minister of Climate Policy and Green Growth.

COVA Framework Tenders
COVA’s European tender procedure for two Framework Agreements (COVA/2024/1) has been completed. More information can be found on COVA framework agreements for product purchase and disposition rights (tenderned.nl)

and on the COVA website

About COVA

Our stock management involves the storage portfolio, the purchase and sale of stocks (both physically and via tickets) and product quality.

Stockholding obligation

COVA and the oil sector maintain the Dutch strategic oil stock, as calculated in accordance with IEA and EU guidelines.

Stockholding obligation

COVA uses framework agreements for the purchase and sale of oil, oil products and tickets. Interested? Then please read on.

COVA funds its oil stock purchases with loans it takes out from the Ministry of Finance. The operating costs are covered by the stockholding levy.