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 for Climate and Energy.
Operations
Our stock management involves the storage portfolio, the purchase and sale of stocks (both physically and via tickets) and product quality.
Operations
Stockholding obligation
COVA and the oil sector maintain the Dutch strategic oil stock, as calculated in accordance with IEA and EU guidelines.
Stockholding obligation
Tenders
COVA uses framework agreements for the purchase and sale of oil, oil products and tickets. Interested? Then please read on.
Tenders
Finance
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.
Finance