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Oil extracted from the seabed over which a Member State exercises exclusive rights for the purposes of exploitation and entering the customs territory of the Community should be excluded from imports.

1.2.2. Supply: Supply covers the crude oil imported and the crude oil produced in the Member State during the reference period. The provision of crude oil from previously built stocks is excluded.

1.2.3. CIF price: The CIF (cost, insurance and freight) price includes the FOB (free on board) price, which is the price actually invoiced at the port/place of loading in addition to the cost of transport, insurance and charges linked to crude oil transfer operations. The CIF price of the crude oil produced in a Member State is to be calculated free at port of discharge or free at frontier, i.e. at the moment when the crude oil falls under the customs jurisdiction of the importing country.

1.2.4. API gravity: The API gravity is a measure of how heavy/light crude oil is compared to water. The API gravity is to be reported according to the following formula, with respect to the specific gravity (SG): API = (141,5 ÷ SG) – 131,5 1.3. List of aggregates

1.3.1. The following list of aggregates must be declared for crude oil imports split by type and geographical area of production: 1.3.1.1. the designation of the crude oil 1.3.1.2. the average API gravity 1.3.1.3. the average sulphur content 1.3.1.4. the total volume imported 1.3.1.5. the total CIF price 1.3.1.6. the number of reporting entities.

1.3.2. The following list of aggregates must be declared for crude oil supply: 1.3.2.1. the volume supplied 1.3.2.2. the weighted average CIF price 1.4. Units of measurement bbl (barrel) for 2.3.1.4. and 2.3.2.1. kt (thousand tonnes) for 2.3.2.1. % (percentage) for 2.3.1.3. ° (degrees) for 2.3.1.2. $ (US Dollar) per barrel for 1.3.1.5. and 1.3.2.2. $ (US Dollar) per tonne for 1.3.2.2.

1.5. Applicable provisions 1. Reported period: One calendar month.

2. Frequency: Monthly.

3. Deadline for transmission of data: Within one calendar month following the reported month.

4. Transmission format: The transmission format should conform to the relevant interchange standard specified by Eurostat.

5. Transmission method: Data should be submitted or uploaded by electronic means to Eurostat’s single entry point for data.

1. CRUDE OIL IMPORTS AND SUPPLY 1.1. Applicable energy products This chapter covers the reporting of crude oil.

1.2. Definitions 1.2.1. Imports Imports cover every quantity of crude oil which either enters the customs territory of the Member State or comes from another Member State for purposes other than transit. Crude oil used for stock building must be included.