INDUSTRY OFFERS OBJECTIONS TO FRANCE'S DRAFT PETROLEUM LAW

France's petroleum industry is protesting parts of a government draft oil law expected to go into effect in January. The law is to be submitted to Parliament this fall and will replace a law that has governed France's oil industry operations for most of the century. And while the new law loosens and in some cases scraps controls, officials see costs that will affect the petroleum industry's competitiveness in Europe.

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