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Crude Oil Quality Association Mission
Statement
The Crude Oil Quality Association (COQA) is dedicated to the belief that maintaining the integrity and
consistency of the refining characteristics of crude oil streams is of
importance to all parties involved in crude oil activity, from production
locations to the refinery. The COQA believes the commonly used industry
standards of gravity and sulfur do not adequately define crude oil
quality, and should be expanded to include other characteristics. The COQA
is opposed to the alteration of crude oil streams, such as through the
injection of processed gas liquids, without the knowledge and consent of
the parties involved.
To promote these
beliefs, the COQA will strive to:
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Communicate our beliefs to the oil industry at
large;
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Create and sponsor forums for open communications
and the sharing of information and ideas to better educate the crude oil
industry;
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Be pro-active in the
advancement of our beliefs with all areas for the crude oil arena,
including production, transportation, trading, and refining
sectors;
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Improve the overall quality of
crude streams through the promotion of crude quality programs on common
carrier transportation systems; and
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Be closely involved with
various industry associations to further promote our
beliefs.
To accomplish the above, COQA has
periodic meetings which provide an open forum for discussion of related
technical issues. Members of the group also attend other industry
forums and occasionally make presentations in support of COQA's mission.
Antitrust
Guidelines General Notice of Compliance
It is the intention of the Crude Oil
Quality Association that all activities conducted by its Committees,
Subcommittees, Task Forces, and Members are in conformance with all Federal
Laws. Items of particular importance and concern center on the following
activities:
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Any discussions
or activities undertaken by the Corporation or its Members, that could
be considered to restrain trade or act as a barrier to free and open
competition will be avoided.
- Meetings shall be structured
to minimize antitrust risk. There will be proper advance notification of
all meetings, agendas for each meeting will be provided in advance to
all Members, proper rules of procedure will be followed at all meetings,
and accurate minutes of meetings will be kept by the Corporation.
Strict adherence to the items listed on the agreed agendas will be
required at all meetings.
- Members must take special
care to avoid making statements or engaging in conduct prohibited by
applicable antitrust laws or this policy. Should Members have any doubt
concerning the propriety of any matters under discussion at such
meetings, they must immediately disassociate themselves from the
discussion and, if necessary, leave the meeting. Any individual who
becomes aware of activity that could give rise to an allegation of a
violation of an antitrust law should report such activity to the
Executive Director.
Members should never discuss any subject (either
before, during or after the meeting) on which competitors cannot legally
agree (e.g. prices, customers, production levels, future business plans,
etc.).
- Responsibility for compliance
rests with every member of COQA along with any invited guest(s) or
participants(s).
These
guidelines apply to any Director, any officer, any member of a task group,
and any individual participating in a meeting or taking other action on
behalf of a Member.
Harry N.
Giles
Executive
Director
dir.coqa@verizon.net
+1 (703) 282-2461
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