Centre Party Leader Accuses Government of Selling State Oil Reserve TALLINN – On February 19, 2026, Mihhail Kõlvart, leader of the Centre Party, voiced serious concerns regarding a recent transaction involving the state oil reserve. Appearing on “Straight from the Postimees,” Kõlvart accused the Reform Party-led government of transferring control of the reserve to a private entity for a 30-year period. Kõlvart stated that the rationale behind the sale remained unclear and that the government failed to adequately disclose the financial value of the agreement. He argued that this action has significantly undermined Estonia’s energy security. “The government has acted without transparency, concealing the true value of this transaction and causing irreversible damage to the nation’s energy reserves,” Kõlvart asserted. The Centre Party leader emphasized the importance of the state’s oil reserve as a strategic asset. He called for a thorough investigation into the circumstances surrounding the sale and demanded accountability from the government regarding its impact on Estonia’s energy independence. The party intends to continue scrutinizing the decision and advocating for measures to safeguard the nation’s energy resources. [Photo: Mihkel Maripuu / Postimees s/ Scanpix Baltics] Topics: #government #state #oil Post navigation The European leaders poured out their congratulations with Magyari The Tsura farm in Härjedalen has won the title of best beef cattle
This revelation raises serious questions about transparency and the government’s handling of national resources. Reply