Design and preparation of a regulation on granting, revoking and monitoring authorizations for Petroleum products activities in Greece

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Background

Country:

Greece

Duration:

Start date:

December 1, 2003

End date:

March 1, 2004

Budget:

€220,070.00

Funding:

European Regional Development Fund (ERDF) and National Funds

Client / Contractor:

Partner / Sub-contractor:

Simmons & Simmons, Brattle Group

Objective

To support the Ministry of Development of Greece in adopting a Ministerial Decision for the regulation of granting, revoking, and monitoring authorizations for petroleum products activities, in accordance with the requirements of Law 3054/2002 governing the petroleum products market.

Results

A clear, transparent, and enforceable regulatory framework was developed for the petroleum sector. The regulation contributed to market transparency, improved compliance monitoring, and enhanced investor confidence.