Global Trade Restrictions and Related Compliance Issues Pertaining to Oil and Gas Production Chemicals

摘要

Compliance and regulatory issues are driving not only the cost of oil and gas production chemicals, but also the underlying technology, the pace of innovation, and the industry structure. Suppliers' response to the competitive, economic, and regulatory environment will determine their ability to supply innovative chemicals safely and legally in the future. A proper understanding of the industry dynamics is essential for executives and procurement professionals in the industry. The paper provides an overview of the history and current state of legislation and regulatory frameworks that affect the trade of oil and gas production chemicals such as demulsifiers, corrosion inhibitors, biocides, and scale inhibitors. It will explore and explain global compliance restrictions and issues such as the impact of legislation such as Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH), harmonized tariffs, labeling requirements, and regulations on Persistent Organic Pollutants. Based on this foundation, it provides discrete conclusions and guidance to help users and buyers of oil and gas production chemicals establish stable and high-value supply chain relationships while complying with applicable regulations.