Investment projects of interest to the Community in the petroleum, natural gas and electricity sectors

As part of the ongoing exercise to simplify Community energy legislation, the Council held an exchange of views on the proposal for a Council Regulation on notifying the Commission of investment projects of interest to the Community in the petroleum, natural gas and electricity sectors (recasting of Regulations (EEC) No 1056/72 and No 1215/76). Noting that its members were favourably disposed towards both the proposal and the repeal of the acts in question, the Council instructed the Permanent Representatives Committee to finalise work in the light of Parliament’s recent opinions.