General Information on the Material Reserves Agency

The Material Reserves Agency (MRA) operates pursuant to:

• the Act of 29 October 2010 on strategic reserves (Journal of Laws 2010, no. 229, item 1496)*
• the Act of 16 February 2007 on stocks of crude oil, petroleum products and natural gas, the principles of proceeding in circumstances of a threat to the fuel security of the State and disruption on the petroleum  market (Journal of Laws 2007, no. 52, item 343 as amended)*

• the Statute of the Material Reserves Agency granted by the Ordinance of 11 March 2011 by the Minister of Economy 

• the Ordinance no. 13 of 29 March 2011 of the Minister of Economy amending the Ordinance on granting the Statute to the Material Reserves Agency

*the links refer to the original text of the Act excluding the subsequent amendments

The Material Reserves Agency executes the tasks set forth by the Acts in the field of strategic reserves management, it also stores the state stocks of crude oil and petroleum products and supervises the compulsory stocks of crude oil and fuels.

The Material Reserves Agency is a state legal person and manages its financial economy pursuant to the principles set forth by the Act on strategic reserves and the Public Finance Law.

The Agency is managed by the President appointed by the Chairman of the Council of Ministers (Prime Minister) from amongst the persons selected in the course of the open and competitive recruitment process upon the request of the minister competent in the matters of economy.

The President of the Agency is the organ of the Agency, they administer its activities as well as represent the Agency to the external entities.