Access to offshore infrastructure - is the Code or competition law the answer?
Article from: OGEL 2 (2005), in Infrastructure
A revised Infrastructure Code of Practice (the "Code"), developed by the DTI and the operators, has recently been published to govern access to UKCS infrastructure. The previous code was viewed as weak and statutory powers of the Secretary of State to intervene and set terms were not used in practice. The new code is supposed to represent a significant development for infrastructure owners and potential users. Does the Code offer a real solution or is competition law a more effective weapon for those seeking access to infrastructure? The Code requires tariffs to be fair, reasonable ...