Regulation (EEC) No 1056/72 of the Council of 18 May 1972 on notifying the Commission of investment projects of interest to the Community in the petroleum, natural gas and electricity sectors

REGULATION ( EEC ) NO 1056/72 OF THE COUNCIL OF 18 MAY 1972 ON NOTIFYING THE COMMISSION OF INVESTMENT PROJECTS OF INTEREST TO THE COMMUNITY IN THE PETROLEUM , NATURAL GAS AND ELECTRICITY SECTORS
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
HAVING REGARD TO THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY , AND IN PARTICULAR ARTICLE 5 AND 213 THEREOF ;
HAVING REGARD TO THE PROPOSAL FROM THE COMMISSION ;
HAVING REGARD TO THE OPINION OF THE EUROPEAN PARLIAMENT ;
HAVING REGARD TO THE OPINION OF THE ECONOMIC AND SOCIAL COMMITTEE ;
WHEREAS THE INTRODUCTION OF A COMMON ENERGY POLICY IS ONE OF THE OBJECTIVES OF THE COMMUNITIES ; WHEREAS IT IS THE TASK OF THE COMMISSION TO PROPOSE THE MEASURES TO BE TAKEN FOR THIS PURPOSE ;
WHEREAS , AFTER STUDYING THE COMMUNICATION MADE TO IT BY THE COMMISSION ON 18 DECEMBER 1968 ON INITIAL GUIDELINES FOR A COMMUNITY ENERGY POLICY , THE COUNCIL , DURING ITS 88TH SESSION HELD ON 13 NOVEMBER 1969 :
- APPROVED THE BASIC PRINCIPLES OF THAT COMMUNICATION IN THE LIGHT OF THE REPORT FROM THE COMMITTEE OF PERMANENT REPRESENTATIVES ;
- REQUESTED THE COMMISSION TO PUT BEFORE IT AS SOON AS POSSIBLE THE MOST URGENT CONCRETE PROPOSALS IN THIS FIELD ;
- AGREED TO STUDY THESE PROPOSALS AS SOON AS POSSIBLE IN ORDER TO ESTABLISH A COMMUNITY ENERGY POLICY ;
WHEREAS OBTAINING AN OVERALL PICTURE OF THE DEVELOPMENT OF INVESTMENTS IN THE COMMUNITY IS ONE FEATURE OF SUCH A POLICY ; WHEREAS THIS WILL , IN PARTICULAR , ENABLE THE COMMUNITY TO MAKE THE NECESSARY COMPARISONS ;
WHEREAS THE ACCOMPLISHMENT OF THAT TASK REQUIRES THE MOST ACCURATE INFORMATION POSSIBLE ON INVESTMENTS ; WHEREAS , WITH REGARD TO COAL AND ATOMIC ENERGY , UNDERTAKINGS ARE UNDER AN OBLIGATION , PURSUANT TO THE TREATY ESTABLISHING THE EUROPEAN COAL AND STEEL COMMUNITY AND THE TREATY ESTABLISHING THE EUROPEAN ATOMIC ENERGY COMMUNITY , TO NOTIFY THEIR INVESTMENT PROJECTS ; WHEREAS IT IS DESIRABLE TO SUPPLEMENT SUCH INFORMATION WITH PARTICULARS RELATING TO PETROLEUM , NATURAL GAS AND ELECTRICITY ; WHEREAS TO THIS END THE COMMISSION SHOULD BE INFORMED OF INVESTMENT PROJECTS WHICH ARE OF INTEREST TO THE COMMUNITY IN THE SECTORS CONCERNED ;
WHEREAS , SO THAT THE COMMISSION MAY CARRY OUT ITS TASK , IT SHOULD BE INFORMED IN GOOD TIME OF ANY FUNDAMENTAL ALTERATION IN SUCH PROJECTS , IN PARTICULAR AS REGARDS THE PERIOD REQUIRED FOR CARRYING THEM OUT AND THE PLANNED CAPACITY ; WHEREAS IN CONSEQUENCE COMMUNICATION OF SUCH PARTICULARS IS SIMILARLY INDISPENSABLE ;
WHEREAS MEMBER STATES SHOULD FOR THIS PURPOSE COMMUNICATE TO THE COMMISSION , WITH ANY COMMENTS THEY MAY HAVE , PARTICULARS OF INVESTMENT PROJECTS CONCERNING PRODUCTION , STORAGE AND DISTRIBUTION OF PETROLEUM , NATURAL GAS OR ELECTRIC POWER PLANNED IN THEIR TERRITORY ; WHEREAS TO THIS END THE PERSONS AND UNDERTAKINGS CONCERNED MUST BE UNDER AN OBLIGATION TO COMMUNICATE TO THE MEMBER STATES THE INFORMATION IN QUESTION ;
WHEREAS IT IS DESIRABLE TO ENABLE THE COMMISSION TO PRESCRIBE , IF NEED BE , CERTAIN PRACTICAL DETAILS , SUCH AS THE FORM AND CONTENT OF THE NOTIFICATIONS TO BE MADE ;
WHEREAS OBSERVANCE OF THE OBLIGATIONS PROVIDED FOR IN THIS REGULATION AND THE CONFIDENTIAL NATURE OF THE INFORMATION COLLECTED SHOULD BE ENSURED ;