EC STAND ON OIL SHARING COULD DISTURB IEP PLANS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78S01932A000100170065-9
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 16, 2016
• Document Release Date: September 20, 2004
• Sequence Number: 65
• Publication Date: October 25, 1974
• Content Type: CABLE

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Stl13JCC'f ? EC STAND ON 02{ SHARING COULD DISTURB IEP PLANS
IrlITIAL PRESS .ACCOUNTS OF A C~RJSSEI..S PRESS CONFERE:i~JCE TODAY
BY EC ENERGY COMMISSTONE{2 SIi`IONET REPORT THE COMMISSION' S JUDGMEi?JT
Ti-{AT , ALTH(?UGH THERE 1JOUL.D BE NOTHING :LLLEGAL ABOUT EIGNT OF THE
NINE EC M~:~'1F3ERS JOINING 'i`HE US-BACKED INTERNATIONAL ENERGY AGENCY
WI'4`HIN ~?{{E OECD a DIL SFIAI~ING--A KEY ELEMENT OF THE PROJECTED ;
At:'CIVI'f'Y OF TH4 CONSUMER GROUP--?COUl.D NOT TAKE PLACE AMONG TI-{E
'-:g~2(~H'I' II" FRAI~ICE E{ERE LOFT GOUT
~~ THE COMMISSION TS NOT OPPOSED TO THE OIL~~SH?ARING PLAN OF T{-iE
PROJ~:C'i'ED AGENCYa BUT FEELS E30tJND BY EC RULES ON FREE MOUEMEN i' OF
..GOODS WIT~i:CN THE COMMUN'1"'I'Y TO POINT OUT THAT THE EC MEMBERS JOINING
:A,?:>~~ Approve'~"I~e~IL~d~f~'~2~1`~~4~~ :~"L'~Id'-F~'F~7~~0'193~2A~001001~
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THE CONSUMER GROUP,000LD NOT WITHHOLD OTL FROM FRANCE EVEN IF THE
FRENCH D4 NOT PARTICIPATE TN THE OECD AGENCY.
THE COMPASSION OPINION TS ALSO INTENDED, HOWEVER, TO BOLSTER
TT5 PLEASJ~ FOR AN EC COMMON ENERGY POLICY. A NEW PROPOSAL !;JILL BE
MADE QEFORE THE END OF THIS YEAR. TF THE ~COMMUNT~TY WORKED OUT
TTS OWN OIL-SHARING PLAN, THIS COULD PRESUMABLY ~?BE FITTED INTO THE
INTERNATIONAL PROGRAM WHETHER OR SNOT FRANCE JOINED THE LATTER
~:NDIVTDUALLY? .
]CU~f~~T IS DIFFICULT TO SAY WHETHER ACCEPTANCE OF THE COMMTSS:I:ON
OPINION aY TF~E EaGHT EC MEMBERS WOULD NECESSARILY FRUSTRATE THE
PLANS OF THE CONSUMER AGENCY- EVEN WITHOUT AGREEMENT ON AN EC
SHARING ARRANGEP)ENT, TT TS CONCEIVABLE THAT THE~TNTERNATxONAL.
ARRANGEMEPJTS MIGHT BE IMPLEMENTED TN SUCH A WAY AS NO'f TO KEEP OTL
FROM FRANCE',
THE COMMISSION JUDGPIENT P1AY NEVERTHELESS RAISE ENOUGH CONCERNS
~:TQ THREATEN THE TIMETABLE FOR ESTA3LTSNING TFiE OECD AGENCY.
E2 :f.MF' DET ? ~i ESPECIAL DISTC~ISUTTON ; OER h IaJ EUR DTV ~ P~JTO
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