(OTC 22005)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 underlyingtechnology, the pace of innovation, and the industry structure. Suppliers' response to the competitive, economic, andregulatory environment will determine their ability to supply innovative chemicals safely and legally in the future. A properunderstanding of the industry dynamics is essential for executives and procurement professionals in the industry. The paperprovides an overview of the history and current state of legislation and regulatory frameworks that affect the trade of oil andgas production chemicals such as demulsifiers, corrosion inhibitors, biocides, and scale inhibitors. It will explore and explainglobal compliance restrictions and issues such as the impact of legislation such as Registration, Evaluation, Authorisation andRestriction of Chemicals (REACH), harmonized tariffs, labeling requirements, and regulations on Persistent OrganicPollutants. Based on this foundation, it provides discrete conclusions and guidance to help users and buyers of oil and gasproduction chemicals establish stable and high-value supply chain relationships while complying with applicable regulations.