Models of strategic reserves of oil and petroleum products in EU countries: international experience for Ukraine

The subject of the research is models of strategic reserves of oil and oil products in the EU countries.
The purpose of the study is to analyze the main models used to create strategic reserves of oil
and oil products in EU countries.

Research methods. The work uses the dialectical method of scientific knowledge, the comparative
method, and the method of summarizing data.
Robot results. The article provides an assessment of the advantages and disadvantages of the
models used to create strategic reserves of oil and petroleum products in EU countries. The choice of
the best model of minimum reserves of oil and oil products for Ukraine is substantiated.
Field of application of results. The system of sciences on the development of the economy,
the economy of enterprises, state administration and regulatory support for the development of
enterprises in the oil sector.
Conclusions. In accordance with the requirements of Directive 2009\119\EU, all EU–27 countries
have created the Ministry of Foreign Affairs. The main models for the creation of MZNN in these countries
are the model of state (government) stocks, the model of industrial stocks (market entities), stocks of a
special agency, and a mixed model. The results of the analysis of the advantages and disadvantages of
the existing models showed that the Agency model is the most appropriate for Ukraine.