Commodity reserves
National commodity reserves
National commodity reserves are established to meet basic supply needs in the event of major market disturbances and instability, natural and other large-scale disasters, and wars.
The basic national commodity reserves consist of food and non-food products that are essential for human life and strategic raw and reproductive materials that are needed to ensure production or which are of particular importance for the country’s defence.
The commodities currently held in reserve by the Agency for Commodity Reserves are:
- food commodities: wheat and products made from wheat (flour, pasta), corn, rice, meat (live animals), milk and dairy products (powder milk, cheese), sugar, edible oil, water, salt;
- non-food commodities: products for human medicine, products for veterinary medicine, energy products for the needs of the Slovenian police force, army and the system for protection against natural and other disasters, liquefied petroleum gas, products for personal and collective protection, other products such as petroleum and heating stoves, candles, etc.
Mandatory reserve stocks of oil and its derivatives
In accordance with the law governing commodity reserves, the Republic of Slovenia has established 90-day mandatory reserve stocks of oil and its derivatives.
Due to the lack of storage space in a suitable and economically viable location in Slovenia, some of the mandatory reserves of oil derivatives are also stored in countries with which Slovenia has signed bilateral agreements.