CELEX: 51988PC0649
Language: en
Date: 1988-11-25
Title: COUNCIL REGULATION (EEC) amending Regulations (EEC) No 1893/79 and (EEC) No 2592/79 introducing registration for crude oil imports in the Community (presented by the Commission)

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COM (88) 649
Vol. 1988/0215
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 ---pagebreak--- COMMISSION OF THE EUROPEAN COMMUNITIES
                                       COM(88 ) 649 final
                                   /■NBrussels
                                        russets , 25 November 1988
                        COUNCIL REGULATION ( EEC )
     amending Regulations ( EEC ) No 1893 / 79 and ( EEC ) No 2592 / 79
               introducing registration for crude oil
                        imports in the Community
                    ( presented by the Commission )
 ---pagebreak---                            EXPLANATORY MEMORANDUM
”!•  Following the troubles in Iran the Council adopted, on. 28 August 1979,
    Regulation ( EEC ) No . 1893 / 79 introducing registration for crude oil and / or
    petroleum product imports in the Community as a means of monitoring oil
    prices on the market .                                                              ’ .\
2-  With the adoption of Regulations ( EEC) No . 2592 /79 and ( EEC ) No . 649/80
    the Council laid down rules for carrying out the registration of crude oil
    and petroleum product imports in the Community .
3.  The basic Regulation ( EEC ) No . 1893 / 79 and the complementary Regulation
    ( EEC ) No . 2592/79 laying down the rules for carrying out registration of .
    crude oil imports have been renewed from 1 January 1988 for a 3 year period
    expiring on 31 December 1991 .                                            ,    ? •
                                                                                   a
                                                                                  1
4.  The complementary Regulation ( EEC ) No . 649 / 80 laying down rules for carrying
    out the registration of petroleum product imports expired on 30 June 1981
    and has not been renewed .
5,  The system , though set up to monitor market prices in a period of tension,
    has turned out also to be a good means of obtaining , in normal circumstances ,
    a better picture of the crude oil supply conditions of the Member States of
    the Community .
    This information system is both to serve as an instrument of continuous .
    market analysis and a means of monitoring prices on the world market 1n
    periods of tension .
    The interesting and useful results it has produced at national and Community
    level warrant its renewal for a period of three years .
    This information system is also one of the methods used by industrialised -
    countries to improve their knowledge of how the market works .
7.  Member States gave their agreement to the renewal of the Registration of
    crude oil imports in the working group of - 5 July. 1988 .
                                                                                       I
 ---pagebreak---                         COUNCIL REGULATION ( EEC ) NO .
                                      of
      amending Regulations ( EEC ) no . 1893/79 and ( EEC ) no . 2592/79
   introducing registration for crude oil imports in the Community .
                 THE COUNCIL OF THE EUROPEAN COMMUNITIES
Having regard to the treaty establishing the European Economic
Community and in particular Article 103 thereof ,
Having regard to the proposal from the Commission ,
Whereas the Council by means of Regulation ( EEC ) No.l893/79(l ) as
last amended by Regulation ( EEC ) No . 3333 /85(2 ) , which expires on 31
December 1988 ,    introduced registration for crude oil imports in the
Community ;
Whereas the Council , by means of Regulation ( EEC ) No . 2592/79(3 ) as
amended by Regulation ( EEC ) 3333/85 , which expires on 31 December
1988 , laid down the rules for carrying out registration of crude oil
and /or petroleum product imports in the Community provided for in
Regulation ( EEC ) No . 1893/79 ;
Whereas the Member States and the Commission must be kept regularly
informed of crude oil supply costs ; whereas , accordingly the system
for providing information on crude oil imports should be retained .
( 1 ) OJ No  L220 , 30.8.1979 , p.l
( 2 ) OJ No  L318 , 29.11.1985 , p.2
( 3 ) OJ No  L297 , 24.11.1979 , p.l
 ---pagebreak--- HAS ADOPTED THIS REGULATION :
                                   Article 1
In Article 5 of Regulation ( EEC ) No . 1893/79 and Article 8 of
Regulation ( EEC ) No . 2592/79 " 31 December 1988" is hereby replaced by
" 31 December 1991 ".
                                   Article 2
This Regulation shall enter into force on the day of its publication
in the Official Journal of the European Communities .
It shall apply from 1 January 1989 .
This Regulation shall be binding in its entirety             and directly
applicable in all Member States .
Done at Brussels ,                             For the Council ,
                                                The President .