CELEX: 51979PC0335
Language: en
Date: 1979-06-13
Title: DRAFT COUNCIL REGULATION (EEC) TO REGISTER CRUDE OIL/OR PETROLEUM PRODUCT PURCHASES IN THE EUROPEAN COMMUNITY (submitted to the Council by the Commission)

ARCHIVES HISTORIQUES
DE LA COMMISSION
COLLECTION RELIEE DES
DOCUMENTS "COM"
COM (79) 335
Vol. 1979/0122
 ---pagebreak--- Disclaimer
Conformément au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983
concernant l'ouverture au public des archives historiques de la Communauté économique
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983,
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit
règlement.
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983
concerning the opening to the public of the historical archives of the European Economic
Community and the European Atomic Energy Community (OJ L 43, 15.2.1983, p. 1), as
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243,
27.9.2003, p. 1), this file is open to the public. Where necessary, classified documents in this
file have been declassified in conformity with Article 5 of the aforementioned regulation.
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom 1.
Februar 1983 über die Freigabe der historischen Archive der Europäischen
Wirtschaftsgemeinschaft und der Europäischen Atomgemeinschaft (ABI. L 43 vom 15.2.1983,
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. September 2003
(ABI. L 243 vom 27.9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5
der genannten Verordnung freigegeben.
 ---pagebreak---    COMMISSION OF THE EUROPEAN COMMUNITIES
                                                              COM(79)335 final.
                                                       Brussels , 13 june 1979 .
              DRAFT COUNCIL REGULATION (EEC ) TO REGISTER CRUDE
              OIL/OR PETROLEUM PRODUCT PURCHASES IN THE EUROPEAN
                                        COMMUNITY
            ( submitted to the Council by the Commission)
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COM(79) 335 final .
 ---pagebreak---                  ACTIONS TO DEAL WITH THE SHORT-TERM
                         . . E1JERGY PROBLEM
Present oil shortages , though small overall , are leading to very sharp
increases in the cost of marginal supplies on spot markets , and. are
causing some unequal distribution within countries .       If the shortages
continue , they will make it more difficult to "build up stocks to an
acceptable level "before next winter .
The Council has already agreed measures to reduce oil demand .       The
Commission now propose the following further action
( a) Infonnatj on .  It is important that information about price trends
      should be available to Governments and public .     Subject to agreement
      on matters of detail , the Commission wiil prepare a weekly analysis
      of the prices on the spot market and of the consumer prices for tie
      main products , in a form whi ch will enable them to be compared with
      monthly information on the cost of imported crude oil .
      This analysis will be made available to Governments and Press , and
      in suitably summarised form to OPEC .
( b) Registration of oil mr chases .     The Council is invited to approve tae
      draft Regulation attached as an Annex which will enable Governments
      and the Commission to monitor oil prices directly . This monitoring
      should be a strong deterrent against speculative purchases and yn.ll
      allow Governments to introduce stronger controls as necessary . Under
      the Regulation , oil companies will be required to notify all oil
      purchases above a specified price level .
      In paralle l Governments should give strong guidance to oil companies
     not to buy oil on spot markets at excessive prices . 'The Commission
     will also propose to the European Council at its meeting on 21-22 June
     that similar measures should be adopted at the Tokyo Summit meeting
      of industrial countries .
( c) Reduction in oj 1 demand .    Following decisions of the European Council
      in March , member countries have introduced a variety of measures to
     reduce oil consumption during the remainder of 1979 » Some countries
     have introduced an Allocation Scheme under which oil companies arc advis
     to reduce deliveries to consumers by a specific amount .
     The Commission believes that a voluntary Allocation Scheme of this type ,
     or equivalent measures to control demand , should be studied urgently,
     to be brought into effect before the end of 1979 if the situation does
     not improve . The Scheme could be run on a national basis and in a
     manner best suited to the circumstances of each country , with broad
     coordination at Community level .     The reduction in deliveries would
     be kept closely under review by the Council , who would recommend changes
     as necessary .
     Similar action should be recommended for study by other Governments
     represented at the Tokyo Summit meeting .-
 ---pagebreak---             DRAFT COUNCIL REGULATION No . '  /   /EEC
            TO REGISTER CRUDE OIL AND/OR PETROLEUM
            PRODUCT PURCHASES IN TilE EUROPEAN COI-u'-ruMTY
THE COUNCIL OP THE EUROPEAN COIG-IUNITIES,
HAVING REGARD TO the Treaty establishing the European Economic Communi t;,'
in particular Article 103 ,
HAVING REGARD TO the Commission 's draft ,
WHEREAS a common energy policy is one of the objectives to which the
Community is committed and it is incumbent upon the Commission to
propose appropriate measures ;
WHEREAS security of supplies at stable prices is one of the essential
objectives of this policy ;      '                                   -
WHEREAS in the case of supply difficulties , in order to stabilise the
Community market and prevent abnormal fluctuations occurring on the
world market from having an adverse effect on the Community , it is
necessary to monitor all crude oil and product purchases that exceed
the reference price ;
 ---pagebreak---  WHEREAS f in order "to further this objective , all companies are obliged
 to register all crude oil and petroleum product purchases which
 exceed the reference price :
         •                                                       §
WHEREAS , in order to achieve this objective , Member States should
notify the Commission every week of data concerning purchases that
have been registered during the previous week - persons and companies
 concerned should give information to Member States so that they will
be able to achieve the objective in question;
WHEREAS the obligations laid down in this regulation and the confidentiality
 of information received will be guaranteed .
 HAS ADOPTED THIS REGULATION :                      »
                               Article 1
• 1 . Any person or company which makes a purchase referred to in paragraph 2
      at more than the reference price determined in paragraph 3     is obliged
      to notify it to the Member State concerned each week .
  2 . For the purpose of this regulation , purchase means :
      a) for crude oil falling within heading 27.09 of the Common Customs
           Tariff : all purchases destined to be refined in Member States ,
      b) for petroleum products falling within heading 27.10 of the Common
           Customs Tariff : all purchases greater than 500 tons for the
           internal consumption of Member States .
  3 . I?or the purpose of this regulation reference price means : '
      a) for crude oil :
           the prices published by the producers plus , where appropriate ,
           transport and insurance costs for CIF purchases , acting as a
           basis for terra delivery contracts .
 ---pagebreak---     b) for petroleum products :                                -
       consumer prices net of tax in Member States during the preceding
       week, observed pursuant to         Council Directive 76/491/SEC of
       4.5.76 and published in the Official Journal by the Commission.
           <•                                            •
                            Art 3. cl e 2
The notification referred to in Article 1 contains :
–  volumes in metric tons ,
-  unit prices ,
-  country of origin,                         * •
–  commercial features ,
– date of transaction .                                                    •
                            Article 3
Member ' States are to notify the Commission each week of the information
referred to in Articles 1 and 2 concerning the preceding week, in aggregate
form .                                                     -
                            Article A .                      ,
1 . Information collected pursuant to this regulation is to be treated
    as confidential . This provision should neither impede the
                                                    »
    publication of general information nor of a synthesis , provided
    this does not reveal the operations of individual companies .
2 . If the Commission establishes the existence of anomalies or
    inconsistencies in the figures communicated, it may ask the
    Member States to permit it to acquaint itself with the appropriate
    unaggregated information supplied by the undertakings and the
    calculation and assessment procedures used to arrive at the aggregated
    information .
 ---pagebreak---                !           - Article 5
The Commission, within the parameters laid down "by this regulation,
adopts implementing measures .
             ,               Article 6
This regulation enters in force on                   and expires on
This regulation is mandatory in all its aspects and directly "binding in
                                            ë .
all Member States .
Done at Brussels ,                                      For the Council