Industry must cope with new European regulations by 1993
On Jan. 1, 1993, the European Economic Community (EEC) will implement its numerous directives designed to open the internal markets of individual member-nations. Regulations will cover procurement/competition, technical standards, labor, R and D funding, environment, taxation and transportation, among other areas. The oil and gas industry will be subject to these regulations under the Utilities Directive. Currently, there is a great deal of confusion about the EEC, their regulations and their impact on the international industry. This article attempts to make some sense out of the situation. since there is so much confusion with the issue of EEC and the industry, it is best to first describe briefly what the EEC is and what it is designed to do.
- OSTI ID:
- 5557721
- Journal Information:
- World Oil; (United States), Vol. 212:1; ISSN 0043-8790
- Country of Publication:
- United States
- Language:
- English
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